Common use of Book Allocations of Net Income and Net Loss Clause in Contracts

Book Allocations of Net Income and Net Loss. (a) Except as provided in Section 8.2, Net Income and Net Loss of the Company shall be allocated among the Members’ Capital Accounts as of the end of each Accounting Period or portion thereof in a manner that as closely as possible gives effect to the economic provisions of this Agreement.

Book Allocations of Net Income and Net Loss. (a) Except as provided in Section 8.2, Net Income and Net Loss of the Company shall be allocated among the Members’ Capital Accounts as of the end of each Accounting Period or portion thereof in a manner such that as closely as possible gives effect if the Company were dissolved, its affairs wound up and its assets distributed to the economic provisions of this AgreementMembers in accordance with their respective Capital Account balances immediately after making such allocations, such distributions would, as nearly as possible, be equal to the distributions that would be made pursuant to Section 9.1.