Built-In Gain or Loss. The Capital Account of a Member shall not be increased or decreased, as the case may be, with regard to any built-in gain or loss allocated to the Member pursuant to Section 4.5 hereof.
Appears in 4 contracts
Samples: Operating Agreement (Liquidmetal Technologies Inc), Securities Purchase Agreement (Liquidmetal Technologies Inc), Asset Purchase and Contribution Agreement (Liquidmetal Technologies Inc)
Built-In Gain or Loss. The Capital Account capital account of a Member shall not be increased or decreased, as the case may be, decreased with regard to any built-in gain or loss allocated to the Member pursuant to Section 4.5 3.4(a) hereof.
Appears in 2 contracts
Samples: Operating Agreement (Floridian Financial Group Inc), Operating Agreement (Floridian Financial Group Inc)
