From each Member definition
From each Member s Capital Account there shall be subtracted (a) the amount of (i) cash and (ii) the Gross Asset Value of any Company Assets (other than cash) distributed to such Member (other than any payment of principal and/or interest to such Member pursuant to the terms of a loan made by the Member to the Company) pursuant to any provision of this Agreement, (b) such Member's allocable share of Net Losses and any other items in the nature of expenses or losses that are specially allocated to such Member pursuant to Article 5 or other provisions of this Agreement, and (c) liabilities of such Member assumed by the Company or which are secured by any property contributed by such Member to the Company.
From each Member s Capital Account there shall be subtracted (a) the amount of (i) cash and (ii) the Gross Asset Value of any Company Assets (other than cash) distributed to such Member (other than any payment of principal and/or interest to such Member pursuant to the terms of a loan made by the Member to the Company) pursuant to any provision of this Agreement, (b) such Member's allocable share of Net Losses and any other items in the nature of expenses or losses that are specially allocated to such Member pursuant to Article 5 or other provisions of this Agreement.
Examples of From each Member in a sentence
From each Member treated as a "U.S. Person" within the meaning of Section 7701(a)(30) of the Code, (1) a duly executed certificate in the form reasonably acceptable to Acquiror and signed under penalties of perjury that confirms that such Member is not a foreign person and that satisfies the requirements of Treasury Regulations Section 1.1445-2(b)(2), Section 1446(f) of the Code and Proposed Treasury Regulations Section 1.1446(f)-2(b)(2), and (2) a duly executed IRS Form W-9.