Common use of Transferor-Transferee Allocations Clause in Contracts

Transferor-Transferee Allocations. If a Unit is transferred in compliance with the provisions of this Article 9, the income, gains, losses, deductions, and credits allocable in respect of that Unit shall be allocated between the transferor and transferee in accordance with Section 5.7.

Appears in 2 contracts

Samples: Operating Agreement (Oxbow Fund LLC), Operating Agreement (Oxbow Fund LLC)

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Transferor-Transferee Allocations. If a Unit is transferred in compliance with the provisions of this Article 9, the income, gains, losses, deductions, and credits allocable in respect of that Unit shall be allocated between the transferor and transferee in accordance with Section 5.75.6.

Appears in 2 contracts

Samples: Operating Agreement (Oxbow Fund LLC), Operating Agreement (Oxbow Fund LLC)

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Transferor-Transferee Allocations. If a Unit is transferred in compliance with the provisions of this Article 9, the income, gains, losses, deductions, and credits allocable in respect of that Unit shall be allocated between the transferor and transferee in accordance with Section 5.75.6.

Appears in 1 contract

Samples: Operating Agreement (Oxbow Fund LLC)

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