Capital Account Balance. Except as otherwise provided in this Agreement, whenever it is necessary to determine the Capital Account balance of any Member, the Capital Account balance of such Member shall be determined after giving effect to all allocations pursuant to Sections 6.01 and 6.02 and all contributions and distributions made prior to the time as of which such determination is to be made.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (Creative Media & Community Trust Corp), Limited Liability Company Operating Agreement (Creative Media & Community Trust Corp), Limited Liability Company Agreement (Optibase LTD)
Capital Account Balance. Except as otherwise provided in this Agreement, whenever it is necessary to determine the Capital Account balance of any Member, the Capital Account balance of such Member shall be determined after giving effect to all allocations pursuant to Sections 6.01 and 6.02 Article 6 and all contributions and distributions made prior to the time as of which such determination is to be made.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (BGO Industrial Real Estate Income Trust, Inc.), Limited Liability Company Agreement (BGO Industrial Real Estate Income Trust, Inc.)
Capital Account Balance. Except as otherwise provided in this Agreement, whenever it is necessary to determine the Capital Account balance of any Member, the Capital Account balance of such Member shall be determined after giving effect to all allocations pursuant to Sections 6.01 and 6.02 Article VII and all contributions and distributions made prior to the time as of which such determination is to be made.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Zugel Christian), Limited Liability Company Agreement (Zugel Christian)
Capital Account Balance. Except as otherwise provided in this Agreement, whenever it is necessary to determine the Capital Account balance of any Member, the Capital Account balance of such Member shall be determined after giving effect to all allocations pursuant to Sections 6.01 and 6.02 Article VI and all contributions and distributions made prior to the time as of which such determination is to be made.
Appears in 1 contract
Samples: Subscription Agreement (Thomas Properties Group Inc)
Capital Account Balance. Except as otherwise provided in this Agreement, whenever it is necessary to determine the Capital Account balance of any Member, the Capital Account balance of such Member shall be determined after giving effect to all allocations pursuant to Sections 6.01 5.1 and 6.02 5.2 and all contributions and distributions made prior to the time as of which such determination is to be made.
Appears in 1 contract
Samples: Operating Agreement
