Loss Allocation Limitation. No allocation of Net Loss (or items thereof) shall be made to any Holder to the extent that such allocation would create or increase an Adjusted Capital Account Deficit with respect to such Holder.
Appears in 49 contracts
Samples: Trust Agreement, Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACROshares Oil Up Holding Trust)
Loss Allocation Limitation. No allocation of Net Loss (or items thereof) shall be made to any Holder Member to the extent that such allocation would create or increase an Adjusted Capital Account Deficit with respect to such HolderMember.
Appears in 8 contracts
Samples: Operating Agreement (Excelsior Buyout Investors LLC), Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC), Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC)
Loss Allocation Limitation. No allocation of Net Loss (or items thereof) shall be made to any Holder Unitholder to the extent that such allocation would create or increase an Adjusted Capital Account Deficit with respect to such HolderUnitholder.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Cushing MLP Infrastructure Fund II), Agreement and Declaration of Trust (Cushing MLP Infrastructure Master Fund), Agreement and Declaration (Cushing MLP Infrastructure Fund)
Loss Allocation Limitation. No allocation of Net Loss Losses (or items thereof) shall be made to any Holder Member to the extent that such allocation would create or increase an Adjusted Capital Account Deficit with respect to such HolderMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Genesis Energy Lp)
