Common use of Increases in Capital Accounts Clause in Contracts

Increases in Capital Accounts. The Capital Account of each Member shall be increased by: (i) the amount of money contributed by such Member to the Company and the fair market value of any property contributed by such Member to the Company (net of any liabilities secured by such contributed property that the Company is considered to assume or take subject to under Section 752 of the Internal Revenue Code of 1986, as amended (“Code”)); and (ii) the Profits allocated to such Member and allocations to such Member of other items of book income and gain, including income and gain exempt from tax and income and gain described in Treasury Regulations Section 1.704-l(b)(2)(iv)(g), but excluding income and gain described in Treasury Regulations Section 1.704-l(b)(4)(i).

Increases in Capital Accounts. The Capital Account of each Member Partner shall be increased by: (ia) the amount of money contributed by such Member Partner to the Company Partnership and the fair market value of any property contributed by such Member Partner to the Company Partnership (net of any liabilities secured by such contributed property that the Company Partnership is considered to assume or to take subject to under Section 752 of the Internal Revenue Code of 1986, as amended (“Code”)); and (iib) the Profits allocated to such Member Partner and allocations to such Member Partner of other items of book income and gain, including income and gain exempt from tax and income and gain described in Treasury Regulations Section Sections 1.704-l(b)(2)(iv)(g1(b)(2)(iv)(g), but excluding income and gain described describing in Treasury Regulations Section 1.704-l(b)(4)(i1(b)(4)(i).

Increases in Capital Accounts. The Capital Account of each Member Partner shall be increased by: (ia) the amount of money contributed by such Member Partner to the Company Partnership and the fair market value of any property contributed by such Member Partner to the Company Partnership (net of any liabilities secured by such contributed property that the Company Partnership is considered to assume or take subject to under Section 752 of the Internal Revenue Code of 1986, as amended (“Code”)); and (iib) the Profits allocated to such Member Partner and allocations to such Member Partner of other items of book income and gain, including income and gain exempt from tax and income and gain described in Treasury Regulations Section 1.704-l(b)(2)(iv)(g1(b)(2)(iv)(g), but excluding income and gain described in Treasury Regulations Section 1.704-l(b)(4)(i1(b)(4)(i).

Increases in Capital Accounts. The Capital Account of each Member shall be increased by: (i) the amount of money contributed by such Member to the Company and the fair market value of any property contributed by such Member to the Company (net of any liabilities secured by such contributed property that the Company is considered to assume or take subject to under Section 752 of the Internal Revenue Code of 1986, as amended (“Code”)); and (ii) the Profits allocated to such Member and allocations to such Member of other items of book income and gain, including income and gain exempt from tax and income and gain described in Treasury Regulations Section 1.704-l(b)(2)(iv)(g1(b)(2)(iv)(g), but excluding income and gain described in Treasury Regulations Section 1.704-l(b)(4)(i1(b)(4)(i).