Common use of Book Adjustments on Distributions Clause in Contracts

Book Adjustments on Distributions. With respect to all distributions of property of the Company to the Members, the Company shall comply with the provisions contained in Section 1.704-1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members’ Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this Exhibit.

Appears in 3 contracts

Samples: Master Agreement for Debt and Equity Restructure, Master Agreement for Debt and Equity Restructure (Thomas Properties Group Inc), Operating Agreement (Thomas Properties Group Inc)

AutoNDA by SimpleDocs

Book Adjustments on Distributions. With respect to all --------------------------------- distributions of property of the Company Property to the Members, the Company shall comply with the provisions contained in Section 1.7041-704-1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members' Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this Exhibit.Exhibit "C."

Appears in 1 contract

Samples: Limited Liability Company Agreement (Overseas Partners LTD)

Book Adjustments on Distributions. With respect to all distributions of property Property of the Company to the Members, the Company shall comply with the provisions contained in Section 1.704-1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members’ Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this ExhibitAppendix.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tejon Ranch Co)

Book Adjustments on Distributions. With respect to all distributions of Company property of the Company to the Members, the Company shall comply with the provisions contained in Section 1.704-1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members’ Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this ExhibitAppendix “A”.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tejon Ranch Co)

Book Adjustments on Distributions. With respect to all distributions of property of the Company to the Members, the Company shall comply with the provisions contained in Section 1.704-1(b)(2)(iv)(e1.704‑1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members' Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this Exhibit.

Appears in 1 contract

Samples: Operating Agreement (Thomas Properties Group Inc)

AutoNDA by SimpleDocs

Book Adjustments on Distributions. With respect to all --------------------------------- distributions of Company property of the Company to the Members, the Company shall comply with the provisions contained in Section 1.704-1.704- 1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members' Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II 2 of this ExhibitTax Supplement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Southwest Water Co)

Book Adjustments on Distributions. With respect to all distributions of property of the Company Property to the Members, the Company shall comply with the provisions contained in Section 1.704-1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members' Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this ExhibitEXHIBIT "D".

Appears in 1 contract

Samples: Limited Liability Company Agreement (Northstar Capital Investment Corp /Md/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!