Common use of CHANGE IN INTEREST Clause in Contracts

CHANGE IN INTEREST. 4.2.1. Subject to Article VI, a change in any Member’s LLC Interest may be effected at any time pursuant to the mutual agreement of all Members. 4.2.2. For purposes of determining the Profits, Losses or any other items allocable to any period, Profits, Losses and any such other items shall be determined on a daily, monthly, or other basis, as determined by the Members.

CHANGE IN INTEREST. 4.2.1. (a) Subject to Article VI, a change in any Member’s LLC Interest may be effected at any time pursuant to the mutual agreement of all Members. 4.2.2. (b) For purposes of determining the Profits, Losses or any other items allocable to any period, Profits, Losses and any such other items shall be determined on a daily, monthly, or other basis, as determined by the Members.