Common use of Transferee’s Capital Account Clause in Contracts

Transferee’s Capital Account. In the event of a permitted transfer of a Company Interest as provided in this Agreement, the capital account of the transferor shall become the capital account of the transferee to the extent it relates to the transferred Company Interest.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (First Wind Holdings Inc.), Limited Liability Company Agreement (First Wind Holdings Inc.), Limited Liability Company Agreement (Miller Petroleum Inc)

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Transferee’s Capital Account. In the event of a permitted transfer of a Company Interest interest as provided in this Agreement, the capital account of the transferor shall become the capital account of the transferee to the extent it relates to the transferred Company Interestinterest.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Fresh2 Group LTD), Limited Liability Company Agreement

Transferee’s Capital Account. In the event of a permitted transfer of a Company Interest as provided in this Agreement, the capital account of the transferor shall become the capital account of the transferee to the extent it ii relates to the transferred Company Interest.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (First Wind Holdings Inc.), Limited Liability Company Agreement (First Wind Holdings Inc.)

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Transferee’s Capital Account. In the event of a permitted transfer of a Company If any Interest as provided is transferred in compliance with this Agreement, the capital account Capital Account of the transferor Transferor shall become the capital account Capital Account of the transferee Transferee to the extent it relates to the transferred Company InterestInterest in accordance with Section 1.704-1(b)(2)(iv)of the Regulations.

Appears in 1 contract

Samples: Operating Agreement (National Wine & Spirits Corp)

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