Change in Percentage Interests. In the event that the Members’ Percentage Interests change during a Taxable Year, Profits and Losses shall be allocated taking into account the Members’ varying Percentage Interests for such Taxable Year, determined on a daily, monthly or other basis as determined by the Board, using any permissible method under Code Section 706 and the Regulations thereunder.
Change in Percentage Interests. In the event any Partner's Percentage Interest changes during a fiscal year for any reason, including without limitation, the Transfer of any interest in the Partnership, the tax allocations contained in this Exhibit B shall be applied as necessary to reflect the varying interests of the Partners during such year.
Change in Percentage Interests. Except as otherwise required by law, if the Percentage Interests of the Members of the Company are changed during any taxable year, all items to be allocated to the Members for such entire taxable year shall be prorated on the basis of the portion of such taxable year which precedes each such change and the portion of such taxable year on and after each such change according to the number of days in each such portion, and the items so allocated for each such portion shall be allocated to the Members in the manner in which such items are allocated as provided in Section 9.1(a) during each such portion of the taxable year in question.
Change in Percentage Interests. Notwithstanding the foregoing, in the event any Partner's Residual Percentage changes during a fiscal year for any reason, the allocations of taxable income or loss under this Article 3, and distributions, shall be adjusted as necessary to reflect the varying interests of the Partners during such year using an interim closing of the books method as of the date of such change, or such other method as is reasonably Approved by the General Partner.
Change in Percentage Interests. Notwithstanding the foregoing, in the event any Member's Residual Percentage changes during a fiscal year for any reason, the allocations of taxable income or loss under this Article 3, and distributions, shall be adjusted as necessary to reflect the varying interests of the Members during such year using an interim closing of the books method as of the date of such change, or such other method as is reasonably Approved by the Members.
Change in Percentage Interests. In the event any Member’s Percentage Interest changes during a Fiscal Year for any reason, including without limitation, the transfer of any Interest in the Company, aforementioned allocations of taxable income or loss shall be adjusted as necessary to reflect the varying interests of the Members during such year.
Change in Percentage Interests. Except as necessary for the implementation of Section 5.8 or the reallocation of income as provided in Section 3.2(b)(ii), allocations pursuant to this Article V shall be made using a pro rata allocation based on the number of months such LLC Interest is held by such Member during the taxable year. For purposes of Section 3.2(b)(ii) the reallocation shall be effective only during the suspension period and shall be made using a pro rata allocation based on the number of days from the date the suspension starts until the date the suspension ends over 365.
Change in Percentage Interests. Notwithstanding the foregoing, in the event any Member's Percentage Interest changes during a fiscal year for any reason, including the transfer of any interest in the Company or an adjustment of the Members' Percentage Interests hereunder, the allocations of taxable income or loss under this paragraph 9, and Distributions, will be adjusted as necessary to reflect the varying interests of the Members during such year using an interim closing of the books method as of the date of such change or such other method as is approved by the Manager.
Change in Percentage Interests. If any Member’s Interim Membership Percentage Interest or share of distributions changes during a fiscal year for any reason, including, without limitation, the Transfer of any interest in the Company, the tax allocations contained in this Article X shall be applied as necessary to reflect the varying interests of the Members during such year.
Change in Percentage Interests. In the event any Partner’s Percentage Interest changes during a fiscal year for any reason, including without limitation, the Transfer of any interest in the Partnership, the tax allocations contained in this Appendix III shall be applied as necessary to reflect the varying interests of the Partners during such year.
