Effective Date of Withdrawal. The Capital Account of a withdrawing Member shall be determined as of the effective date of its withdrawal. For purposes of this Section 6.03, the effective date of a Member's withdrawal shall mean (as the case may be) (i) the Redemption Date pursuant Section 6.01(a) or (ii) the date determined by the Managing Member if such Member shall be required to withdraw from the Company pursuant to Section 6.02. In the event the effective date of a Member's withdrawal shall be a date other than the last day of a fiscal year of the Company, the Capital Account of the withdrawing Member shall be adjusted pursuant to Section 4.05(c).
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners Ii LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners Ii LLC)
Effective Date of Withdrawal. The Capital Account of a withdrawing Member shall be determined as of the effective date of its withdrawal. For purposes of this Section 6.03, the effective date of a Member's ’s withdrawal shall mean (as the case may be) (i) the Redemption Date pursuant Section 6.01(a) or (ii) the date determined by the Managing Member if such Member shall be required to withdraw from the Company pursuant to Section 6.02. In the event the effective date of a Member's ’s withdrawal shall be a date other than the last day of a fiscal year of the Company, the Capital Account of the withdrawing Member shall be adjusted pursuant to Section 4.05(c).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC)
