Common use of Capital Accounts Not Affected Clause in Contracts

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, any Member’s Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 16 contracts

Samples: Limited Liability Company Operating Agreement, Private Owner Interest Sale and Assignment Agreement, Limited Liability Company Operating Agreement

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Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 are solely for federal, state and local tax purposes and shall will not affect, or in any way be taken into account in computing, any Member’s Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 8 contracts

Samples: Limited Liability Company Operating Agreement, Interest Sale and Assignment Agreement, Limited Liability Company Operating Agreement

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 5.3 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, any MemberPartner’s Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 4 contracts

Samples: Limited Partnership Agreement (Equisource Hotel Fund I, LLP), Limited Partnership Agreement (CapSource Fund I, LP), Bridge Private Lending, LP

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 5.3 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, any Member’s Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Iron Bridge Mortgage Fund LLC), Operating Agreement (Iron Bridge Mortgage Fund LLC)

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 5.3 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account account, in computing, computing any MemberPartner’s Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 3 contracts

Samples: Limited Partnership Agreement (Alta Mesa Holdings, LP), Limited Partnership Agreement (Alta Mesa Holdings, LP), Limited Partnership Agreement (Alta Mesa Holdings, LP)

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 5.3 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, any Member’s 's Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 1 contract

Samples: Operating Agreement (Iron Bridge Mortgage Fund LLC)

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 3.3 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, affect any Member’s Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lexaria Bioscience Corp.)

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 7.5 are solely for federal, state state, and local tax purposes and shall not affect, or in any way be taken into account in computing, any Member’s Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 1 contract

Samples: Limited Liability Company (Ignis Petroleum Group, Inc.)

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 5.3 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, any Member’s Partner's Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 1 contract

Samples: Limited Liability Partnership Agreement (Equisource Hotel Fund I, LLP)

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Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 5.2 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, any Member’s Capital Account or allocable share of Net Income (or items thereofthereto) or Net Loss (or items thereofthereat).

Appears in 1 contract

Samples: Operating Agreement

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 7.2 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, any Member’s Capital Account or allocable share of Net Income Profit (or items thereof) or Net Loss (or items thereof).

Appears in 1 contract

Samples: Operating Agreement (Torvec Inc)

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 5.3 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, any Member’s Capital Account or allocable share of Net Income (or items thereofof income and gain not included therein) or Net Loss (or items thereofof deduction and loss not included therein).

Appears in 1 contract

Samples: Limited Liability Company Agreement (HPS Corporate Lending Fund)

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 are solely for U.S. federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, any MemberPartner’s Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 1 contract

Samples: Agreement

Capital Accounts Not Affected. Allocations pursuant to this Section 6.3 5.3 are solely for federal, state and local tax purposes and shall not affect, or in any way be taken into account in computing, . any MemberPartner’s Capital Account or allocable share of Net Income (or items thereof) or Net Loss (or items thereof).

Appears in 1 contract

Samples: www.luzernassoc.com

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