Allocation of Profits and Losses for Tax Purposes. The Company shall maintain a separate capital account for the Member in accordance with the rules applicable to partnerships in Treasury Regulation 1.7041(b)(2)(iv) or any successor Treasury Regulations which by their terms would be applicable to the Company. All profits and losses of the Company shall be allocated to the Member.
Allocation of Profits and Losses for Tax Purposes. A. Except as provided in Sections 8.6B, C or D hereof, all Profits And Losses For Tax Purposes of the Partnership shall be allocated as follows:
Allocation of Profits and Losses for Tax Purposes. Taxable income and tax losses shall be allocated among the Members in accordance with their Units.
Allocation of Profits and Losses for Tax Purposes. Except as otherwise provided in Section 4 of this Schedule B, all Profits and Losses for Tax Purposes of the Company shall be allocated among the Members in accordance with this Section 3.
Allocation of Profits and Losses for Tax Purposes. The Members agree that the provisions of this ARTICLE 9 shall apply only in the event that there is more than one Member:
Allocation of Profits and Losses for Tax Purposes. Except as otherwise provided in Section 4 of this Schedule B, all Profits and Losses for Tax Purposes of the Company shall be allocated pro-rata among the Members in accordance with their shares of all Members’ Membership Interests in the Company.
Allocation of Profits and Losses for Tax Purposes. 10.1 ALLOCATIONS TO THE PARTNERS GENERALLY. Taxable Income and Tax Losses shall be allocated among the Partners in accordance with their Participating Percentages.
Allocation of Profits and Losses for Tax Purposes. A. Except as otherwise provided in Section 8.lD hereof, all Profits and Losses For Tax Purposes of the Partnership, other than those arising from a Major Capital Event, shall be allocated as follows: ninety-nine percent (99%) to the Partners, with each Partner sharing in such Profits and Losses For Tax Purposes in the ratio that his Capital Contribution bears to the total Capital Contributions of all Partners; and one percent (1%) to the Individual General Partners, with each Individual General Partner sharing in such Profits and Losses For Tax Purposes in the ratio that his Capital Contribution as an Individual General Partner bears to the total Capital Contributions of all Individual General Partners.
Allocation of Profits and Losses for Tax Purposes. Except as otherwise provided in Section 2.7, “Allocation of Profits and Losses for Tax Purposes and Special Allocations”, of this Exhibit 2.4, “Taxes”, all Profits and Losses for Tax Purposes of the Company shall be allocated among the Members in accordance with their respective Percentage Interests.
Allocation of Profits and Losses for Tax Purposes. For Federal tax purposes, except insofar as adjustments pursuant to Section 704(c) principles may be permitted or required by Treasury Regulation Section 1.704-1(b)(2)(iv) by reason of property being contributed to the Company, as required by Treasury Regulations Section 1.704-1(b)(2)(iv)(d), property being distributed by the Company as required by Section 1.704-1(b)(2)(iv)(c), property being revalued by the Company (a "book-up") as permitted by Treasury Regulations Section 1.704-1(b)(2)(iv)(f) or a Company interest being transferred, and subject to and consistent with Sections 734 and 743 of the Code, each item of income, gain, loss and deduction of the Company shall be allocated among the Members in the same manner as its correlative item of "book" income, gain, loss or deduction has been allocated pursuant to SECTION 5.8.1.
