Common use of Effect of Special Allocations on Subsequent Allocations Clause in Contracts

Effect of Special Allocations on Subsequent Allocations. Any special allocation of income or gain pursuant to Sections 8.1.3 or 8.1.4 hereof shall be taken into account in computing subsequent allocations of income and gain pursuant to this Section 9.1 so that the net amount of all such allocations to each Member shall, to the extent possible, be equal to the net amount that would have been allocated to each such Member pursuant to the provisions of this Section 9.1 if such special allocations of income or gain under Section 9.1.3 or 9.1.4 hereof had not occurred.

Appears in 5 contracts

Samples: Operating Agreement (Real Street Build-to-Rent Fund I, LLC), Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Brookwood Fenton Investments LLC)

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Effect of Special Allocations on Subsequent Allocations. Any special allocation of income or gain pursuant to Sections 8.1.3 subsections 7.1.3 or 8.1.4 7.1.4 hereof shall be taken into account in computing subsequent allocations of income and gain pursuant to this Section 9.1 7.1 so that the net amount of all such allocations to each Member shall, to the extent possible, be equal to the net amount that would have been allocated to each such Member pursuant to the provisions of this Section 9.1 7.1 if such special allocations of income or gain under Section 9.1.3 subsection 7.1.3 or 9.1.4 7.1.4 hereof had not occurred.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Effect of Special Allocations on Subsequent Allocations. Any special allocation of income or gain pursuant to Sections 8.1.3 subsection 1.1(c) or 8.1.4 (d) hereof shall be taken into account in computing subsequent allocations of income and gain pursuant to this Section 9.1 section 1.1 so that the net amount of all such allocations to each Member Partner shall, to the extent possible, be equal to the net amount that would have been allocated to each such Member Partner pursuant to the provisions of this Section 9.1 1.1 if such special allocations of income or gain under Section 9.1.3 subsection 1.1(c) or 9.1.4 (d) hereof had not occurred.

Appears in 1 contract

Samples: Joint Venture Agreement (Casino America Inc)

Effect of Special Allocations on Subsequent Allocations. Any special allocation of income or gain pursuant to Sections 8.1.3 Section 7.01(c) or 8.1.4 hereof Section 7.01(d) shall be taken into account in computing subsequent allocations of income and gain pursuant to this Section 9.1 so that the net amount of all such allocations to each Member shall, to the extent possible, be equal to the net amount that would have been allocated to each such Member pursuant to the provisions of this Section 9.1 if such special allocations of income or gain under Section 9.1.3 7.01(c) or 9.1.4 hereof Section 7.01(d) had not occurred.

Appears in 1 contract

Samples: Operating Agreement

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Effect of Special Allocations on Subsequent Allocations. Any special allocation of income or gain pursuant to Sections 8.1.3 or 8.1.4 8.1(b) and (e) hereof shall be taken into account in computing subsequent allocations of income and gain pursuant to this Section 9.1 8.1 so that the net amount of all such allocations to each Member shall, to the extent possible, be equal to the net amount that would have been allocated to each such Member pursuant to the provisions of this Section 9.1 8.1 if such special allocations of income or gain under Section 9.1.3 or 9.1.4 hereof had not occurred.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Diversa Corp)

Effect of Special Allocations on Subsequent Allocations. Any special allocation of income or gain pursuant to Sections 8.1.3 subsection 9.1.3 or 8.1.4 subsection 9.1.4 hereof shall be taken into account in computing subsequent allocations of income and gain pursuant to this Section 9.1 so that the net amount of all such allocations to each Member shall, to the extent possible, be equal to the net amount that would have been allocated to each such Member pursuant to the provisions of this Section 9.1 if such special allocations of income or gain under Section subsection 9.1.3 or subsection 9.1.4 hereof had not occurred.

Appears in 1 contract

Samples: Operating Agreement (Xiv-I Invest 1, LLC)

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