Common use of Allocable Cash Basis Items Clause in Contracts

Allocable Cash Basis Items. Any "allocable cash basis item" of the Company (as defined in Section 706(d) of the Code) for any fiscal year that is required to be allocated to the Members in the manner provided in Section 706(d) of the Code must be allocated to the Members in the manner so required.

Appears in 3 contracts

Samples: Operating Agreement (Ebank Financial Services Inc), Limited Liability Company Agreement (Renal Care Group Inc), Limited Liability Company Agreement (Renal Care Group Inc)

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Allocable Cash Basis Items. Any "allocable cash basis item" of the -------------------------- Company (as defined in Section section 706(d) of the Code) for any fiscal year Fiscal Year that is required to be allocated to the Members in the manner provided in Section section 706(d) of the Code must shall be allocated to the Members in the manner so required.

Appears in 1 contract

Samples: Operating Agreement (Highwoods Realty LTD Partnership)

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Allocable Cash Basis Items. Any "β€œallocable cash basis item" ” of the Company (as defined in Section section 706(d) of the Code) for any fiscal year Allocation Period that is required to be allocated to the Members in the manner provided in Section 706(d) of the Code must shall be allocated to the Members in the manner so required.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (OPC Residential Properties Trust, Inc.)

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