Common use of Allocation of Indebtedness Clause in Contracts

Allocation of Indebtedness. The Capital Account of the Contributing Investing Members shall include an initial allocation of Company indebtedness in the amounts for each Contributing Investing Member in accordance with the provisions otherwise set forth in this Agreement.

Appears in 1 contract

Sources: Operating Agreement

Allocation of Indebtedness. The Capital Account of the Contributing Investing Members shall include an initial allocation of Company indebtedness in the amounts amount for each Contributing Investing Member in accordance with the provisions otherwise set forth in this Agreement.

Appears in 1 contract

Sources: Operating Agreement