Common use of Transfer of Capital Account Clause in Contracts

Transfer of Capital Account. In the event of a permitted sale, exchange or other transfer of a Member’s Units or Economic Interest in the Company, the Capital Account of the transferor shall become the Capital Account of the transferee to the extent it relates to the transferred Units or Economic Interest in accordance with section 1.704-1(b)(2)(iv) of the Treasury Regulations.

Transfer of Capital Account. In the event of a permitted sale, sale or exchange or other transfer of a Member’s Units or Economic Partnership Interest in the CompanyPartnership, the Capital Account of the transferor shall become the Capital Account of the transferee to the extent it relates to the transferred Units or Economic Partnership Interest in accordance with section Section 1.704-1(b)(2)(iv) of the Treasury Regulations.

Transfer of Capital Account. In Subject to the terms and provisions of Article XIII, in the event of a permitted sale, sale or exchange or other transfer of a Member’s Units 's Membership Interest or Economic Interest in the Company, the Capital Account of the transferor shall become the Capital Account of the transferee to the extent it relates to the transferred Units Membership Interest or Economic Interest in accordance with section Section 1.704-1(b)(2)(ivl(b)(2)(iv) of the Treasury Regulations.

Transfer of Capital Account. In the event of If a permitted sale, sale or exchange or other transfer of a Member’s Units or Economic Interest 's interest in the CompanyCompany occurs, the Capital Account of the Member transferor shall become the Capital Account of the transferee to the extent it relates to the transferred Units or Economic Interest interest in accordance with Treasury Regulation section 1.704-1(b)(2)(iv) of the Treasury Regulations).

Transfer of Capital Account. In Subject to the terms and provisions of Article XIII, in the event of a permitted sale, sale or exchange or other transfer of a Member’s Units 's Membership Interest or Economic Interest in the Company, the Capital Account of the transferor Transferor shall become the Capital Account of the transferee to the extent it relates to the transferred Units Membership Interest or Economic Interest in accordance with section Section 1.704-1(b)(2)(iv) of the Treasury Regulations.