Common use of Target Allocations Clause in Contracts

Target Allocations. After application of Section B of this Schedule E, any remaining items of Profits and Losses shall be allocated among the Members and to their Capital Accounts so as to cause the balance of each Member’s Economic Capital Account to be as nearly equal to such Member’s Target Balance as possible.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Avalonbay Communities Inc), Limited Liability Company Agreement (Erp Operating LTD Partnership), Limited Liability Company Agreement (Erp Operating LTD Partnership)

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Target Allocations. After application of Section B of this Schedule ET, any remaining items of Profits and Losses shall be allocated among the Members and to their Capital Accounts so as to cause the balance of each Member’s Economic Capital Account to be as nearly equal to such Member’s Target Balance as possible.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Erp Operating LTD Partnership)

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