Common use of Adjustments to Capital Accounts Clause in Contracts

Adjustments to Capital Accounts. (i) The Capital Account with respect to the relevant Membership Units shall be increased by: (A) the amount of any money contributed by the Member to the Company; (B) the fair market value of any property contributed by the Member to the Company; (C) the amount of Net Profit allocated to the Member; and (D) the amount of any Company liabilities assumed by such Member (or taken subject to) if property is distributed to the Member by the Company. (ii) The Capital Account with respect to the relevant Membership Units shall be decreased by: (A) the amount of any money distributed to the Member by the Company; (B) the fair market value of any property distributed to the Member by the Company; (C) the amount of Net Loss allocated to the Member; and (D) the amount of any Member liabilities assumed by the Company (or taken subject to) if property is contributed to the Company by the Member.

Adjustments to Capital Accounts. (i) The Capital Account with respect to the relevant Membership Units of each Member shall be increased by: (A) the amount of any money contributed by the Member to the Company; (B) the fair market value of any property contributed by the Member to the Company; (C) the amount of Net Profit allocated to the Member; and (D) the amount of any Company liabilities assumed by such Member (or taken subject to) if property is distributed to the Member by the Company. (ii) The Capital Account with respect to the relevant Membership Units of each Member shall be decreased by: (A) the amount of any money distributed to the Member by the Company; (B) the fair market value of any property distributed to the Member by the Company; (C) the amount of Net Loss allocated to the Member; and (D) the amount of any Member liabilities assumed by the Company (or taken subject to) if property is contributed to the Company by the Member.

Adjustments to Capital Accounts. (i) The Capital Account with respect to the relevant Membership Units shall be increased by: (Ai) the amount of any money contributed by the Member to the Company; (Bii) the fair market value of any property contributed by the Member to the Company; (Ciii) the amount of Net Profit allocated to the Member; and (Div) the amount of any Company liabilities assumed by such Member (or taken subject to) if property is distributed to the Member by the Company. (ii) The Capital Account with respect to the relevant Membership Units ; and shall be decreased by: (Av) the amount of any money distributed to the Member by the Company; (Bvi) the fair market value of any property distributed to the Member by the Company; (Cvii) the amount of Net Loss allocated to the Member; and (Dviii) the amount of any Member liabilities assumed by the Company (or taken subject to) if property is contributed to the Company by the Member.