Common use of Proration of Allocations Clause in Contracts

Proration of Allocations. All income, gains, losses, deductions and credits for a fiscal year allocable with respect to any Members whose Capital Units may have been transferred, forfeited, reduced or changed during such year should be allocated based upon the varying interests of the Members throughout the year. The precise manner in which such allocations are made shall be determined by the Board of Managers in its sole discretion and shall be a manner of allocation, including an interim closing of the books, permitted to be used for federal income tax purposes.

Proration of Allocations. All income, gains, losses, deductions and credits for a fiscal year allocable with respect to any Members whose Capital Units may have been transferred, forfeited, reduced or changed during such year should be allocated based upon the varying interests of the Members throughout the year. The precise manner in which such allocations are made shall be determined by the Board of Managers Directors in its sole discretion and shall be a manner of allocation, including an interim closing of the books, permitted to be used for federal income tax purposes.

Proration of Allocations. All incomeProfits, gainsLosses, lossesdeductions, deductions and credits for a fiscal year Fiscal Year allocable with respect to any Members Member whose Capital Units may have been transferredTransferred, forfeited, reduced reduced, or changed during such year should shall be allocated based upon the varying interests Units of the Members throughout the year. The precise manner in which such allocations are allocation shall be made shall be determined by the Board of Managers in its sole discretion Members and shall be a manner of allocation, including an interim closing of the books, allocation permitted to be used for federal income income-tax purposespurposes under the Code.

Proration of Allocations. All income, gains, losses, deductions and ------------------------ credits for a fiscal year allocable with respect to any Members whose Capital Units may have been transferred, forfeited, reduced or changed during such year should be allocated based upon the varying interests of the Members throughout the year. The precise manner in which such allocations are made shall be determined by the Board of Managers Directors in its sole discretion and shall be a manner of allocation, including an interim closing of the books, permitted to be used for federal income tax purposes.

Proration of Allocations. All income, gains, losses, deductions and credits for a fiscal year allocable with respect to any Members whose Capital Units may have been transferred, forfeited, reduced reduced, redeemed, or changed during such year should shall be allocated based upon the varying interests of the Members throughout the year. The precise manner in which such allocations are made shall be determined by the Board of Managers in its sole discretion in good faith and shall be a manner of allocation, including an interim closing of the books, permitted to be used for federal income tax purposes.

Proration of Allocations. All income, gains, losses, deductions deductions, and credits for a fiscal year allocable with respect to any Members Member whose Capital Units Interest may have been transferred, forfeited, reduced or changed during such year should shall be allocated based upon the varying interests of the Members throughout the year. The precise manner in which such allocations are allocation shall be made shall be determined by the Board of Managers in its sole discretion and shall be a manner of allocation, including an interim closing of the books, allocation permitted to be used for federal income tax purposes.

Proration of Allocations. All income, gains, losses, deductions and credits for a fiscal tax year allocable with respect to any Members whose Capital Units may have been transferred, forfeited, reduced or changed during such year should be allocated based upon the varying interests of the Members throughout the year. The precise manner in which such allocations are made shall be determined by the Board of Managers Directors in its sole discretion and shall be a manner of allocation, including an interim closing of the books, permitted to be used for federal income tax purposes.

Proration of Allocations. All income, gains, losses, deductions and credits for a fiscal year allocable with respect to any Members whose Capital Units may have been transferred, forfeited, reduced or changed during such year should be allocated based upon the varying interests of the Members throughout the year. The precise manner in which such allocations are made shall be determined by the Board of Managers in its sole discretion and shall be a manner of allocation, including an interim closing of the books, permitted to be used for federal income tax purposes.precise

Proration of Allocations. All incomeProfits, gains, lossesLosses, deductions and credits for a fiscal year Fiscal Year allocable with respect to any Members Member whose Capital Units Interest may have been transferredTransferred, forfeited, reduced or changed during such year should shall be allocated based upon the varying interests Interests of the Members throughout the year. The precise manner in which such allocations are allocation shall be made shall be determined by the Board of Managers in its sole discretion and shall be a manner of allocation, including an interim closing of the books, allocation permitted to be used for federal income tax purposespurposes under the Code.