Tracking Progress. The Managing Member will cause the Manager to calculate at least annually whether the Calculated Amount has equaled zero, and will send the Class B Members, within 120 days after the end of each Tax Year in which the Calculated Amount did not equal zero, a report in the form of the Tracking Model showing where it believes the Class B Members are in relation to the Calculated Amount.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (First Wind Holdings Inc.), Limited Liability Company Agreement (First Wind Holdings Inc.)