Operational Rules. (a) For purposes of Section 8.3, the Capital Account balances of the Members shall be adjusted, prior to determining the amount of any distribution provided for therein, to reflect all prior Company distributions and all distributions made contemporaneously with the distributions provided for in Section 8.3, as well as all Company Net Gain or Net Loss attributable to any distributions previously or contemporaneously made in kind.
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Samples: Limited Liability Company Agreement (Conning Corp), Limited Liability Company Agreement (Conning Corp), Limited Liability Company Agreement (Conning Corp)
Operational Rules. (a) For purposes of Section 8.39.3, the Capital Account balances of the Members Partners shall be adjusted, prior to determining the amount of any distribution provided for therein, to reflect all prior Company Partnership distributions and all distributions made contemporaneously with the distributions provided for in Section 8.39.3, as well as all Company Partnership Net Gain or Net Loss attributable to any distributions previously or contemporaneously made in kind.
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