Reversal of Mandatory Allocations. In the event that any Income, Loss or Net Loss is allocated pursuant to Sections 4.2 through 4.7, subsequent Income, Loss or Net Loss (or items thereof) will first be allocated (subject to Sections 4.2 through 4.7) to the Members in a manner which will result in each Member having a Capital Account balance equal to that which would have resulted had the original allocation of Income, Loss, or Net Loss (or items thereof) pursuant to Sections 4.2 through 4.7 not occurred.
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Samples: Operating Agreement (Alaska Communications Systems Group Inc), Operating Agreement (Gci Inc), Asset Purchase and Contribution Agreement (Alaska Communications Systems Group Inc)
Reversal of Mandatory Allocations. In the event that any Income, Loss Income or Net Loss is allocated pursuant to Sections 4.2 through 4.74.5, subsequent Income, Loss Income or Net Loss (or items thereof) will first be allocated (subject to Sections 4.2 through 4.74.5) to the Members in a manner which will result in each Member having a Capital Account balance equal to that which would have resulted had the original allocation of Income, Loss, Income or Net Loss (or items thereof) pursuant to Sections 4.2 through 4.7 4.5 not occurred.
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