Allocations in the Event of Transfer or Liquidation. In the event of the transfer or Liquidation of a Partner’s entire interest in the Partnership, such Partner’s allocable share of Profits, Losses and any specially allocated items pursuant to the Addendum for the current taxable year of the 4824-1329-4339.8 Partnership through the date of transfer or Liquidation shall be calculated on the basis of an interim closing of the Partnership books as of such date, or on the basis of a daily proration through such date of Profits, Losses and any specially allocated items for the entire year, as the parties may agree.
Allocations in the Event of Transfer or Liquidation. In the event of the transfer or Liquidation of a Member's entire interest in the Company, such Member's allocable share of Profits, Losses and any specially allocated items pursuant to the Capital Accounting and Tax Addendum attached hereto for the current taxable year of the Company through the date of transfer or Liquidation shall be calculated on the basis of an interim closing of the Company books as of such date, or on the basis of a daily proration through such date of Profits, Losses and any specially allocated items for the entire year, as the Liquidating Member and the Manager may agree.
