Common use of Determination by Manager Clause in Contracts

Determination by Manager. All matters concerning the computation of Capital Accounts, the allocation of items of Company income, gain, loss, deduction and expense for all purposes of this Agreement and the adoption of any accounting procedures not expressly provided for by the terms of this Agreement shall be determined by the Manager.

Appears in 3 contracts

Samples: Operating Agreement (Sligo Partners LLC), Operating Agreement (Sligo Partners LLC), Operating Agreement (Pacific Partners LLC)

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Determination by Manager. All matters concerning the computation of Capital Accounts, the allocation of items of Company income, gain, loss, deduction deduction, and expense for all purposes of this Agreement and the adoption of any accounting procedures not expressly provided for by the terms of this Agreement shall be reasonably determined by the Manager.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (AAC Holdings, Inc.), Limited Liability Company Agreement (AAC Holdings, Inc.)

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