Common use of Subtractions From Capital Accounts Clause in Contracts

Subtractions From Capital Accounts. From each Member’s Capital Account there shall be subtracted the amount of money and the Book Value of any Company property distributed to the Member (net of any liabilities to which the property is subject or that are assumed by the Member in connection with the distribution), and the Member’s distributive share of Losses and any items of expenses or losses which are allocated separately from Losses under Section 4.02.

Subtractions From Capital Accounts. From each Member’s 's Capital Account there shall be subtracted the amount of money and the Book Value of any Company property distributed to the Member (net of any liabilities to which the property is subject or that are assumed by the Member in connection with the distribution), and the Member’s 's distributive share of Losses and any items of expenses or losses which are allocated separately from Losses under Section 4.024.2.

Subtractions From Capital Accounts. From each Member’s 's ---------------------------------- Capital Account there shall be subtracted the amount of money and the Book Value of any Company property distributed to the Member (net of any liabilities to which the property is subject or that are assumed by the Member in connection with the distribution), and the Member’s 's distributive share of Losses and any items of expenses or losses which are allocated separately from Losses under Section 4.024.2.

Subtractions From Capital Accounts. From each Member’s 's Capital ---------------------------------- Account there shall be subtracted the amount of money and the Book Value of any Company property distributed to the Member (net of any liabilities to which the property is subject or that are assumed by the Member in connection with the distribution), and the Member’s 's distributive share of Losses and any items of expenses or losses which are allocated separately from Losses under Section 4.024.2.