Common use of Debits Clause in Contracts

Debits. To each Member’s Capital Account there shall be debited (1) the amount of cash and the value of any property distributed to the Member, (2) the Member’s allocable share of losses pursuant to Article 4.3 below and any items in the nature of deductions or losses specially allocated pursuant to Sections 4.4 and 4.5 below, and (3) the amount of any debt of the Member that is assumed by the Company or secured by any property contributed by the Member to the Company

Debits. To each Member’s 's Capital Account there shall be debiteddebited ------ (1) the amount of cash and the value Value of any property distributed Distributed to the Member, (2) the Member’s 's allocable share of losses pursuant to Article 4.3 below and any items in the nature of deductions or losses specially allocated pursuant to Sections 4.4 and 4.5 Section 2.07 below, and (3) the amount of any debt of the Member that is assumed by the Company or secured by any property contributed by the Member to the Company. ------------

Debits. To each Member’s 's Capital Account there shall be debited debited (1i) the amount of cash and the value Value of any property distributed to the Member, (2ii) the Member’s 's allocable share of losses Losses pursuant to Article 4.3 below Section 6.1 and any items in the nature of deductions or losses specially allocated pursuant to Sections 4.4 Section 6.2 and 4.5 below, and (3) the amount of any debt of the Member that is assumed by the Company or secured by any property contributed by the Member to the CompanySection 6.3.

Debits. To each A Member’s Capital Account there shall be debited debited with: (1i) the amount of cash money and the fair market value of any property Property of the Company distributed to the such Member, ; (2) the Member’s allocable share of losses pursuant to Article 4.3 below and any items in the nature of deductions or losses specially allocated pursuant to Sections 4.4 and 4.5 below, and (3ii) the amount of any debt liabilities of the such Member that is assumed by the Company or which are secured by any property Property contributed by the such Member to the Company; (iii) such Member’s distributive share of Loss; and (iv) any item in the nature of expenses or losses specially allocated to such Member pursuant to the provisions of ARTICLE 4 of this Agreement.

Debits. To each Member’s 's Capital Account there shall be debited (1) debited the amount of cash and the value Asset Value of any property distributed to the such Member and such Member, (2) the Member’s 's allocable share of losses Losses pursuant to Article 4.3 below and any items in the nature of deductions or losses specially allocated pursuant to Sections 4.4 and 4.5 V, below, and (3) the amount of any debt of the Member that is assumed by the Company or secured by any property contributed by the Member to the Company.