Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain and Simulated Loss (computed in accordance with Section 5.4(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 7 contracts
Samples: Operating Agreement, Limited Liability Company Agreement (Atlas Energy Group, LLC), Limited Liability Company Agreement (Linn Energy, LLC)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b3.4(b)) shall be allocated among the Members in each taxable year (or portion thereofthereof (an “allocation period”) as provided herein below.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Williams Partners L.P.), Limited Liability Company Agreement (Atlas Pipeline Partners Lp), Limited Liability Company Agreement (Williams Partners L.P.)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain and Simulated Loss (computed in accordance with Section 5.4(b5.3(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Vanguard Natural Resources, LLC), Limited Liability Company Agreement (Vanguard Natural Resources, LLC), Limited Liability Company Agreement (Vanguard Natural Resources, LLC)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, amount realized and Simulated Gain and Simulated Loss (computed in accordance with Section 5.4(b5.3(b)) for each taxable period shall be allocated among the Members, and the Capital Accounts of the Members in each taxable year (or portion thereof) shall be adjusted for Simulated Depletion and Simulated Loss, as provided herein below.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Viper Energy, Inc.), Limited Liability Company Agreement (Viper Energy, Inc.), Limited Liability Company Agreement (Kimbell Royalty Partners, LP)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b)Exhibit B) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Welltower OP LLC), Operating Agreement (Broadstone Net Lease, Inc.), Operating Agreement (Broadstone Net Lease, Inc.)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain and Simulated Loss credit (computed in accordance with Section 5.4(b5.3(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (First Solar, Inc.), Limited Liability Company Agreement (8point3 Energy Partners LP), Master Formation Agreement (Sunpower Corp)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b3.7(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Gyrodyne, LLC), Limited Liability Company Agreement (Gyrodyne Co of America Inc)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b5.5(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 2 contracts
Samples: Operating Agreement (Niska Gas Storage Partners LLC), Operating Agreement (Niska Gas Storage Partners LLC)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselvesAccounts, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(bB1.2(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Inergy Storage, Inc.), Limited Liability Company Agreement (Crestwood Midstream Partners LP)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b3.3(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Duff & Phelps Corp), Limited Liability Company Agreement (Duff & Phelps Corp)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain and Simulated Loss amount realized (computed in accordance with Section 5.4(b5.3(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein belowMembers.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Rattler Midstream Lp), Limited Liability Company Agreement (Rattler Midstream Lp)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b4.04(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
(a) Except as otherwise required by Section 5.02(b), all items of income, gain, loss, deduction and credit of the Company shall be allocated among the Members in accordance with their Sharing Ratios.
Appears in 2 contracts
Samples: Parent Company Agreement (Enterprise Products Partners L P), Limited Liability Company Agreement (Enterprise Products Partners L P)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among between themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b3.4(b)) shall be allocated among between the Members in each taxable year (or portion thereofthereof (an “allocation period”) as provided herein below.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (DCP Midstream Partners, LP), Limited Liability Company Agreement (DCP Midstream Partners, LP)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members Partners among themselves, the CompanyPartnership’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain and Simulated Loss (computed in accordance with Section 5.4(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) Partners as provided herein below.
Appears in 1 contract
Samples: Limited Partnership Agreement (Mid-Con Energy Partners, LP)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s 's items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b4.5(b)) shall be allocated among the Members in for each taxable year (or portion thereof) as provided herein below.
Appears in 1 contract
Samples: Limited Liability Company Agreement (El Paso Energy Partners Lp)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselvesAccounts, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b6.3(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein belowin this Section 9.1.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Regency Energy Partners LP)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b5.5(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain and Simulated Loss (computed in accordance with Section 5.4(b5.2(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 1 contract
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Valero Gp Holdings LLC)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein belowhereinbelow.
Appears in 1 contract
Samples: Company Agreement (Enterprise Products Partners L P)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s 's items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the The Company’s 's items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b)4.4.2) for each Taxable Period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tallgrass Energy Partners, LP)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members Parties among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b4.5(b)) shall will be allocated among the Members in Parties for each taxable year (or portion thereof) as provided herein below.
Appears in 1 contract
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b4.5(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Heckmann CORP)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b4.6(b)) shall be allocated among the Members in each taxable year (or portion thereof) Fiscal Year as provided herein below.follows:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ensource Energy Income Fund LP)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members Partners among themselves, the CompanyPartnership’s items of income, gain, loss, deduction, Simulated Depletion, amount realized and Simulated Gain and Simulated Loss (computed in accordance with Section 5.4(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) Partners, and the Capital Accounts of the Partners shall be adjusted for Simulated Depletion and Simulated Loss, as provided herein below.
Appears in 1 contract
Samples: Limited Partnership Agreement (Viper Energy Partners LP)
Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company’s items of income, gain, loss, deduction, Simulated Depletion, Simulated Gain loss and Simulated Loss deduction (computed in accordance with Section 5.4(b5.5(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.)
