Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income or Net Loss for a Allocation Year shall be allocated among the Persons who were Members during such Allocation Year in a manner that shall, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Year to equal the excess (which may be negative) of:
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Mid-Con Energy Partners, LP), Limited Liability Company Agreement, Limited Liability Company Agreement
Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income or Net Loss for a Allocation Year Fiscal Year, shall be allocated among the Persons who were Members during such Allocation Fiscal Year in a manner that shallwill, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Fiscal Year to equal the excess (which may be negative) of:
Appears in 6 contracts
Samples: Limited Liability Company, Limited Liability Company Agreement, Limited Liability Company Agreement
Hypothetical Liquidation. The items of income, expensegain, gain loss and loss expense of the Company comprising Net Income or Net Loss for a Allocation Year fiscal year shall be allocated among the Persons who were Members during such Allocation Year fiscal year in a manner that shallwill, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Year fiscal year to equal the excess (which may be negative) of:
Appears in 5 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Vantiv, Inc.), Limited Liability Company Agreement (Vantiv, Inc.)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income Profit or Net Loss for a Allocation Fiscal Year shall be allocated among the Persons who Members that were Members during such Allocation Fiscal Year in a manner that shallwill, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Fiscal Year to equal the excess (which may be negative) of:
Appears in 5 contracts
Samples: Limited Liability Company Agreement (U. S. Premium Beef, LLC), Limited Liability Company Agreement (Jefferies Financial Group Inc.), Purchase and Sale Agreement (Leucadia National Corp)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income Profits or Net Loss Losses for a an Allocation Year Period shall be allocated among the Persons who were Members during such Allocation Year Period in a manner that shall, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Year fiscal year to equal the excess (which may be negative) of:
Appears in 4 contracts
Samples: Limited Liability Company Agreement (EIG BBTS Holdings, LLC), Limited Liability Company Agreement (TW Southcross Aggregator LP), Limited Liability Company Agreement (EIG BlackBrush Holdings, LLC)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income or Net Loss for a Allocation Fiscal Year shall be allocated among the Persons who were Members during such Allocation Fiscal Year in a manner that shallwill, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Fiscal Year to equal the excess (which may be negative) ofpositive or negative difference between:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (NextWave Wireless LLC), Limited Liability Company Agreement (NextWave Wireless LLC), Limited Liability Company Agreement (NextWave Wireless LLC)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income or Net Loss for a Allocation Fiscal Year shall be allocated among the Persons who were Members during such Allocation Fiscal Year in a manner that shallwill, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Fiscal Year to equal the excess (which may be negativenegative ) of:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Darling Ingredients Inc.), Limited Liability Company Agreement (Darling Ingredients Inc.), Limited Liability Company Agreement (Darling International Inc)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income or Net Loss for a Allocation Fiscal Year shall be allocated among the Persons who were Members during such Allocation Fiscal Year in a manner that shall, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Fiscal Year to equal the excess (which may be negative) of:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (QR Energy, LP), Limited Liability Company Agreement (QR Energy, LP)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income or Net Loss for a Allocation Fiscal Year shall be allocated among the Persons who which were Members during such Allocation Fiscal Year in a manner that shallwill, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Fiscal Year to equal the excess (which may be negative) of:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Hughes Electronics Corp)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income or Net Loss for a an Allocation Year shall be allocated among the Persons who were Members during such Allocation Year in a manner that shall, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Year to equal the excess (which may be negative) of:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Central Energy Partners Lp)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income or Net Loss for a Allocation Fiscal Year shall be allocated among the Persons persons who were Members during such Allocation Fiscal Year in a manner that shall, as nearly as possible, cause the Capital Account balance of each Member at the end of such Allocation Fiscal Year to equal the excess (which may be negative) of:
Appears in 1 contract
Samples: Limited Liability Company Agreement (GMX Resources Inc)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Company comprising Net Income or Net Loss for a Allocation Year fiscal year shall be allocated among the Persons who Unitholders which were Members Unitholders during such Allocation Year fiscal year in a manner that shallwill, as nearly as possible, cause the Capital Account balance of each Member Unitholder at the end of such Allocation Year fiscal year to equal the excess (which may be negative) of:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Hawkeye Holdings, Inc.)
