Common use of Timing of Allocations Clause in Contracts

Timing of Allocations. The Manager Member, in its sole discretion, may cause the Company to make the allocations described in this Article VII (other than allocations for tax purposes pursuant to Section 7.6) as of a time other than the end of a fiscal year on the basis of an interim closing of the Company's books at such time, but only if the Fund makes such interim allocations. In such event, each short fiscal period attributable to any such interim closing shall constitute a fiscal year for purposes of this Article VII.

Timing of Allocations. The Manager Member, in its sole discretion, may cause the Company to make the allocations described in this Article VII (other than allocations for tax purposes pursuant to Section 7.6) as of a time other than the end of a fiscal year on the basis of an interim closing of the Company's books at such time, but only if the Fund makes such Funds make interim allocations. In such event, each short fiscal period attributable to any such interim closing shall constitute a fiscal year for purposes of this Article VII.