Common use of Miscellaneous Allocation Provisions Clause in Contracts

Miscellaneous Allocation Provisions. (a) For purposes of determining the Profits, Losses or any other items allocable to any period, Profits, Losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the Managers using any permissible method under Code § 706 and the Treasury Regulations promulgated thereunder.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Elk Horn Coal Co LLC)

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Miscellaneous Allocation Provisions. (a) For purposes of determining the Profits, Losses or any other items allocable to any period, Profits, Losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the Managers Special Member using any permissible method under Code § Section 706 and the Treasury Regulations promulgated thereunder.

Appears in 1 contract

Samples: Operating Agreement (Rodman & Renshaw Capital Group, Inc.)

Miscellaneous Allocation Provisions. (a1) For purposes of determining the Profits, Losses or any other items allocable to any period, Profits, Losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the Managers Manager using any permissible method under Code § Section 706 and the Treasury Regulations promulgated thereunder.

Appears in 1 contract

Samples: Operating Agreement (Noble Advisors, LLC)

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Miscellaneous Allocation Provisions. (a) For purposes of determining the Profits, Losses or any other items allocable to any period, Profits, Losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the Managers Board using any permissible method under Code § Section 706 and the Treasury Regulations promulgated thereunder.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.)

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