Transfer of Capital Account. Upon the transfer of all or part of an interest in the Company, as permitted herein, the capital account of the transferor that is attributable to the transferred interest shall carry over to the transferee Member.
Appears in 3 contracts
Samples: Operating Agreement (B&H Contracting, L.P.), Operating Agreement (B&H Contracting, L.P.), Operation and Maintenance Agreement (Far West Electric Energy Fund L P)
Transfer of Capital Account. Upon the transfer On a Transfer of all or part of an interest in the Company, as permitted hereinInterests, the capital account Capital Account of the transferor that is attributable shall become the Capital Account of the transferee to the transferred interest shall carry over extent that it relates to the transferee MemberTransferred Interest.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Exco Resources Inc), Limited Liability Company Agreement (Venus Exploration Inc)
Transfer of Capital Account. Upon the transfer On a Transfer of all or part of an interest in the Company, as permitted hereinAssets, the capital account Capital Account of the transferor that is attributable shall become the Capital Account of the transferee to the transferred interest shall carry over extent that it relates to the transferee MemberTransferred Interest.
Appears in 1 contract
Samples: Exco Resources Inc
Transfer of Capital Account. Upon In the event of a transfer of some or all or part of an interest a Member's Membership Interest in the Company, as permitted herein, the capital account Capital Account of the transferor that is attributable Member shall become the Capital Account of the Transferee, to the transferred interest shall carry over extent it relates to the transferee Memberportion of the Interest transferred.
Appears in 1 contract
