Common use of Establishment of Capital Accounts Clause in Contracts

Establishment of Capital Accounts. A separate capital account (each, a “Capital Account”) shall be maintained for each Member. For book purposes, each Member's Capital Account will be separated into a contribution account and an income (loss) account and will be maintained according to generally accepted accounting principles consistently applied. Sections 3.5 and 3.6 below describe the appropriate accounting treatment for tax purposes of the Capital Accounts.

Establishment of Capital Accounts. A separate capital account (each, a “Capital Account”) shall be maintained for each MemberPartner. For book purposes, each Member's Partner’s Capital Account will be separated into a contribution account and an income (loss) account and will be maintained according to generally accepted accounting principles consistently appliedin accordance with GAAP. Sections 3.5 and 3.6 below describe the appropriate accounting treatment for tax purposes of the Capital Accounts.

Establishment of Capital Accounts. A separate capital account (each, a “"Capital Account”") shall be maintained for each Member. For book purposes, each Member's Capital Account will be separated into a contribution account and an income (loss) account and will be maintained according to generally accepted accounting principles consistently applied. Sections 3.5 4.5 and 3.6 4.6 below describe the appropriate accounting treatment for tax purposes of the Capital Accounts.

Establishment of Capital Accounts. A separate capital account (each, a “"Capital Account”") shall be maintained for each Member. For book purposes, each Member's Capital Account will be separated into a contribution account and an income (loss) account and will be maintained according to generally accepted accounting principles consistently applied. Sections 3.5 and 3.6 below describe the appropriate accounting treatment for tax purposes of the Capital Accounts.

Establishment of Capital Accounts. A separate capital account (each, a “"Capital Account”") shall be maintained for each MemberPartner. For book purposes, each MemberPartner's Capital Account will be separated into a contribution account and an income (loss) account and will be maintained according to generally accepted accounting principles consistently appliedin accordance with GAAP. Sections 3.5 and 3.6 below describe the appropriate accounting treatment for tax purposes of the Capital Accounts.

Establishment of Capital Accounts. A separate capital account (each, a “"Capital Account”") shall be maintained for each Member. For book purposes, each Member's Capital Account will be separated into a contribution account and an income (loss) account and will be maintained according to generally accepted accounting principles consistently appliedprinciples. Sections 3.5 36 and 3.6 37 below describe the appropriate accounting treatment for tax purposes of the Capital Accounts.

Establishment of Capital Accounts. A separate capital account (each, a “"Capital Account”") shall be maintained for each Member. For book purposes, each Member's Members Capital Account will be separated into a contribution account and an income (loss) account and will be maintained according to generally accepted accounting principles consistently appliedprinciples. Sections 3.5 3.6 and 3.6 3.7 below describe the appropriate accounting treatment for tax purposes of the Capital Accounts.

Establishment of Capital Accounts. A separate capital account --------------------------------- (each, a “"Capital Account”") shall be maintained for each Member. For book purposes, each Member's Capital Account will be separated into a contribution account and an income (loss) account and will be maintained according to generally accepted accounting principles consistently appliedprinciples. Sections 3.5 3.6 and 3.6 3.7 below describe the appropriate accounting treatment for tax purposes of the Capital Accounts.

Establishment of Capital Accounts. A separate capital account (each, a “"Capital Account”") shall be maintained for each Member. For book purposes, each Member's Capital Account will be separated into a contribution account and an income (loss) account and will be maintained according to generally accepted accounting principles consistently appliedprinciples. Sections 3.5 3.6 and 3.6 3.7 below describe the appropriate accounting treatment for tax purposes of the Capital Accounts.