Other Special Allocations. For any Fiscal Year or other taxable period, each Member that makes a contribution described in Section 2.2(b) or 2.3(c) shall be specially allocated items of book gain attributable to the increases in Gross Asset Value of the Company’s assets resulting from such contributions (as such increases are described in Section 2.3A) in an amount equal to the value of such contributions made by such Member.
Appears in 3 contracts
Samples: Assignment and Assumption Agreement, Limited Liability Company Agreement (HUGHES Telematics, Inc.), Limited Liability Company Agreement (HUGHES Telematics, Inc.)
Other Special Allocations. For any Fiscal Year or other taxable period, each Member that makes a contribution described in Section 2.2(b) or 2.3(c) shall be specially allocated items of book gain attributable to the increases in Gross Asset Value of the Company’s 's assets resulting from such contributions (as such increases are described in Section 2.3A) in an amount equal to the value of such contributions made by such Member.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (American Medical Alert Corp), Limited Liability Company Agreement (American Medical Alert Corp)
