Changes of Interest. To determine possible varying interests of Shareholders during a taxable year, the Trust may use any method allowable under the Code and deemed advisable by the Trustees.
Changes of Interest. In the event of (a) a Transfer of all or part of a Member's Interests (in accordance with the provisions of this Agreement) or (b) the admission of an additional Member or any increase in the number of Interests of an existing Member at any time other than the end of a Fiscal Year, the shares of items of Company Net Income or Net Loss and specially allocated items allocable to the Interests Transferred or acquired shall be allocated between the transferor and the transferee (or to the additional or existing Member in the event of an admission or increase) in a manner determined by a majority of the Board of Managers in its sole discretion that is not inconsistent with the applicable provisions of the Code and the Regulations.
Changes of Interest. To determine possible varying interests of Partners during a taxable year, the Partnership may use any method allowable under the Code and deemed advisable by the General Partner. In the event of any transfer of any Unit in the Partnership in accordance with the terms of this Partnership Agreement, the transferee shall succeed to the Capital Account of the transferor to the extent it relates to the transferred Unit.
Changes of Interest. To determine possible varying interests of Members during a taxable year, the Company may use any method allowable under the Code and deemed advisable by the Managing Member.
Changes of Interest. To reflect the varying interests of the Partners during each taxable year, the Fund may use any method allowable under the Code selected by the General Partner.
