Certain Accounting Matters. For purposes of determining the profit, loss or any other item allocable to any period, profit, loss and any such other items will be determined on a daily, monthly or other basis, as reasonably determined by the Manager.
Appears in 5 contracts
Samples: Operating Agreement (Fundrise eFund, LLC), Operating Agreement (Fundrise eFund, LLC), Operating Agreement (Fundrise National for-Sale Housing eFund, LLC)
Certain Accounting Matters. For purposes of determining the profitProfit, loss Loss or any other item items allocable to any period, profitProfit, loss Loss and any such other items will shall be determined on a daily, monthly or other basis, as reasonably determined by the ManagerManagers using any permissible method under Section 706 of the Code and the Treasury Regulations promulgated thereunder.
Appears in 2 contracts
Samples: American Tower Systems Corp, American Radio Systems Corp /Ma/
Certain Accounting Matters. For purposes of determining the profitProfit, loss Loss or any other item items allocable to any period, profitProfit, loss Loss and any such other items will shall be determined on a daily, monthly or other basis, as reasonably determined by the ManagerManager using any permissible method under Code Section 706 and the Regulations thereunder.
Appears in 2 contracts
Samples: Development Agreement (Ambase Corp), Limited Liability Company Agreement (Ambase Corp)