Common use of Determination of Profits and Losses Clause in Contracts

Determination of Profits and Losses. 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 using any permissible method under Code Section 706 and the Regulations thereunder.

Determination of Profits and Losses. 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 Managing Partner using any permissible method under Code Section 706 and the Regulations thereunder.

Determination of Profits and Losses. For purposes Items of determining the Profits, Losses, Profit or any other items Loss allocable to any period, Profits, Losses, and any such other items period shall be determined on a daily, monthly, quarterly, or other basis, as determined by the Members Manager using any permissible method under Code Section section 706 and the Regulations thereunderrelated Treasury Regulations.

Determination of Profits and Losses. For purposes Items of determining the Profits, Losses, Profit or any other items Loss allocable to any period, Profits, Losses, and any such other items period shall be determined on a daily, monthly, or other basis, as determined by the Members Manager using any permissible method under Code Section 706 and the Regulations thereunderrelated Treasury Regulations.