Subsequent Allocations. Any special allocation of items of income or ---------------------- gain pursuant to Section 5.02(a), (b), (c) or (d) shall be taken into account in computing subsequent allocations pursuant to this Article V, so that the net amount of any items allocated to each Member shall, to the extent practicable, be equal to the net amount that would have been allocated to each such Member pursuant to the provisions of this Article V if such special allocations under this Section 5.02 had not occurred.
Appears in 1 contract
Sources: Operating Agreement (First American Financial Corp)
Subsequent Allocations. Any special allocation of items of income or ---------------------- gain pursuant to Section 5.02(a), (b), (c) or (d) shall be taken into account in computing subsequent allocations pursuant to this Article V, so that the net amount of any items allocated to each Member shall, to the extent practicable, be equal to the net amount that would have been allocated to each such Member pursuant to the provisions of this Article V if such special allocations under this Section 5.02 had not occurred.
Appears in 1 contract
Sources: Operating Agreement (First American Financial Corp)