Allocations in Event of Transfer. If an interest in the Company is Transferred in accordance with this Agreement, allocations of Profits and Losses as between the transferor and transferee shall be made using any method selected by the Managing Member and permitted under Section 706 of the Code.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Maxygen Inc), Limited Liability Company Agreement (Maxygen Inc)
Allocations in Event of Transfer. If an interest in the Company is Transferred in accordance with this Agreement, allocations of Profits and Losses as between the transferor and transferee shall be made using pursuant to any method selected chosen by the Managing Member and Board of Managers that is permitted under Section 706 of the Code.
Appears in 1 contract
Samples: Limited Liability Operating Agreement (Catalytica Inc)
Allocations in Event of Transfer. If an interest in the Company is Transferred transferred in accordance with this Agreement, allocations of Profits and Losses as between the transferor and transferee shall be made using any method selected by the Managing Member Members and permitted under Code Section 706 of the Code706.
Appears in 1 contract
Samples: Limited Liability Company Agreement (F45 Training Holdings Inc.)
Allocations in Event of Transfer. If an interest in the Company is Transferred in accordance with this Agreement, allocations of Profits and Losses as between the transferor and transferee shall be made using any method selected by the Managing Member Manager and permitted under Section 706 of the Code.
Appears in 1 contract
Samples: Operating Agreement
Allocations in Event of Transfer. If an interest in the Company Interest is Transferred transferred in accordance with this Agreement, allocations of Profits and Losses as between the transferor and transferee shall be made using any method selected by the Managing Member Members and permitted under Section 706 of the Code.
Appears in 1 contract
Samples: Operating Agreement (Liveworld Inc)
