Capital Accounts; Allocations; Books of Record. All items of income, gain, loss and deduction shall be allocated to the Member. The Member or its designee will keep a record of the Member’s capital contributions to the Company, the Company’s income, gains, losses and deductions, and its distributions to the Member.
Appears in 10 contracts
Samples: Operating Agreement (West Customer Management Group, LLC), Operating Agreement (West Customer Management Group, LLC), Limited Liability Company Agreement (West Customer Management Group, LLC)
Capital Accounts; Allocations; Books of Record. All items of income, gain, loss and deduction shall will be allocated to the Member. The Member or its designee will keep a record of the Member’s capital contributions to the Company, the Company’s income, gains, losses and deductions, and its distributions to the Member.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Daramic, LLC), Limited Liability Company Agreement (Daramic, LLC)
