Ameliorative Allocations. Any special allocations of income or gain pursuant to Section 15(d)(ii) or Section 15(d)(iii) shall be taken into account in computing subsequent allocations pursuant to Section 15(c) and this Section 15(d)(vi), so that the net amount of any items so allocated and all other items allocated to each Member shall, to the extent possible, be equal to the net amount that would have been allocated to each Member if such allocations pursuant to Section 15(d)(ii) or Section 15(d)(iii) had not occurred.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Oncor Electric Delivery Co LLC), Limited Liability Company Agreement, Limited Liability Company Agreement
Ameliorative Allocations. Any special allocations of income or gain pursuant to Section 15(d)(iiSections 16(d)(ii) or Section 15(d)(iii16(d)(iii) hereof shall be taken into account in computing subsequent allocations pursuant to Section 15(c16(c) and this Section 15(d)(vi16(d)(vi), so that the net amount of any items so allocated and all other items allocated to each Member shall, to the extent possible, be equal to the net amount that would have been allocated to each Member if such allocations pursuant to Section 15(d)(iiSections 16(d)(ii) or Section 15(d)(iii16(d)(iii) had not occurred.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Oncor Electric Delivery Co LLC), Contribution and Subscription Agreement (Oncor Electric Delivery Co LLC)
