Common use of Member's Capital Accounts Clause in Contracts

Member's Capital Accounts. No Member shall have any right to withdraw any portion of its Capital Account, except as otherwise provided herein. For purposes hereof, "Capital Account" shall mean the separate capital account maintained for each Member in accordance with Treasury Regulations (as hereinafter defined) Section 1.704-1(b), as of any particular date. Each Member's initial Capital Account (as determined immediately after all of the events described in Section 5.1 hereof) is set forth on Schedule I, which initial Capital Accounts apply the principles of Treasury Regulation Section 1.704-1(b)(2)(iv)(d) and thereafter such Capital Accounts shall be adjusted as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Barnesandnoble Com Inc)

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Member's Capital Accounts. No Member shall have any right to withdraw any portion of its Capital Account, except as otherwise provided herein. For purposes hereof, "Capital Account" shall mean the separate capital account maintained for each Member in accordance with Treasury Regulations (as hereinafter defined) Section 1.704-1(b), as of any particular date. Each Member's initial Capital Account (initially shall be equal to such Member's initial capital contribution, as determined immediately after all of the events described in Section 5.1 hereof) is set forth on Schedule I, which initial Capital Accounts apply the principles of Treasury Regulation Section 1.704-1(b)(2)(iv)(dI attached hereto (except as otherwise set forth therein) and thereafter such Capital Accounts shall be adjusted as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nexstar Pharmaceuticals Inc)

Member's Capital Accounts. No Member shall have any right to withdraw any portion of its Capital Account, except as otherwise provided herein. For purposes hereof, "Capital Account" shall mean the separate capital account maintained for each Member in accordance with Treasury Regulations (as hereinafter defined) Section 1.704-1(b), as of any particular date. Each Member's initial Capital Account (as determined immediately after all of the events described in Section 5.1 hereof) is set forth on Schedule I, which initial Capital Accounts apply the principles of Treasury Regulation Section 1.704-1(b)(2)(iv)(d) and thereafter such Capital Accounts shall be adjusted as follows:: -15-

Appears in 1 contract

Samples: Limited Liability Company Agreement (Barnesandnoble Com Inc)

Member's Capital Accounts. No Member shall have any right to withdraw any portion of its Capital Account, except as otherwise provided herein. For purposes hereof, "Capital Account" shall mean means the separate capital account maintained for each Member in accordance with Treasury Regulations (as hereinafter defined) Section 1.704-1(b), as of any particular date. Each Member's initial Capital Account (as determined immediately after all of giving effect to the events contributions described in Section 5.1 hereofthe Contribution Agreement) is set forth on Schedule I, which initial Capital Accounts apply the principles of Treasury Regulation Section 1.704-1(b)(2)(iv)(d) and thereafter such Capital Accounts shall be adjusted as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Paramount Acquisition Corp)

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Member's Capital Accounts. No Member shall have any right to withdraw any portion of its Capital Account, except as otherwise provided herein. For purposes hereof, "Capital Account" shall mean the separate capital account maintained for each Member in accordance with Treasury Regulations (as hereinafter defined) Section 1.704-1(b), as of any particular date. Each Member's initial Capital Account (as determined immediately after all of the events described in Section 5.1 hereof) is set forth on Schedule I, which initial Capital Accounts apply the principles of Treasury Regulation Section 1.704-1(b)(2)(iv)(d) (except as otherwise set forth therein) and thereafter such Capital Accounts shall be adjusted as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Barnes & Noble Inc)

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