Common use of Allocations to Capital Accounts Clause in Contracts

Allocations to Capital Accounts. Except as provided in Section 7.2, each item of income, gain, loss or deduction (determined in accordance with U.S. tax principles as applied to the maintenance of capital accounts), with respect to any Accounting Period, including each item of income, gain, loss and deduction of the Company, shall be allocated among the Capital Accounts as of the end of such Accounting Period in a manner that as closely as possible gives effect to the provisions of Article VI and the other relevant provisions of this Agreement.

Allocations to Capital Accounts. Except as provided in Section 7.2, each item of income, gain, loss or deduction (determined in accordance with U.S. tax principles as applied to the maintenance of capital accounts), with respect to any Accounting Period, including each item of income, gain, loss and deduction of the Company, shall be allocated among the 1002489107v2 Capital Accounts as of the end of such Accounting Period in a manner that as closely as possible gives effect to the provisions of Article VI and the other relevant provisions of this Agreement.

Allocations to Capital Accounts. Except as otherwise provided in Section 7.2herein, each item of income, gain, loss or and deduction of the Company (determined in accordance with U.S. tax principles as applied to the maintenance of capital accounts), with respect to any Accounting Period, including each item of income, gain, loss and deduction of the Company, ) shall be allocated among the Capital Accounts of Members with respect to each Period, as of the end of such Accounting Period Period, in a manner that as closely as possible gives reflects the economic effect to of the provisions of Article VI and the other relevant provisions of this Agreement.

Allocations to Capital Accounts. Except as otherwise provided in Section 7.2herein, each item of income, gain, loss or and deduction of the Fund (determined in accordance with U.S. tax principles as applied to the maintenance of capital accounts), with respect to any Accounting Period, including each item of income, gain, loss and deduction of the Company, ) shall be allocated among the Capital Accounts of the Partners with respect to each Period, as of the end of such Accounting Period Period, in a manner that as closely as possible gives economic effect to the provisions of Article Articles VI and XI and the other relevant provisions of this Agreement.