Common use of Subsequent Allocations Clause in Contracts

Subsequent Allocations. If any allocations are made under Sections 4.3(b) through (d) (the “Regulatory Allocations”), the Board shall take such Regulatory Allocations into account in making subsequent allocations of income, gain, loss, deduction or expense, and shall make such further special allocations to the extent possible to prevent the Regulatory Allocations from distorting the manner in which Company distributions, including liquidating distributions, will be divided among the Members pursuant to this Agreement.

Appears in 2 contracts

Sources: Operating Agreement (Palmsource Inc), Operating Agreement (Palm Inc)