📄 Extracted Text (290 words)
DEUTSCHE BANC Fax 4108955135 94a 20 2013 06:07Am P016/037
(e) Thu =own of Company liabilities that ato agguned by them:embers
2. litatases taAcconnt. The Capital Awing otthe taernbers•shail be
deratased,by:
(a) The amount of. Oioney, dishiMed to the ocabert by the Company putsnatit
to enyprovisioo of thisAgteatiept.
(0 The fair :mantel Aft of Pron distdbuled to the members 'by the
• Company (riet.ofilabilities secated.by such disdibutedprOPeztj thret such members
---- apecensida ultteetioitathaleseetietr752),
(c) AllciattiOns tp Themeitbers of cool,
(d) Allocations to the roentras of Witold* expenses,. Nonrepourse
bechastions and net tosses allocated to portant to this Agreanerg; al -the
thernbaishare ottompany ex-peoditurea tyhichacp aeithtt deductible no/property
chargeable to Capital. Aceountninder Code Seaton 70g 1X2)(3) or are ttateti as
such expeocipmes under TreaslOy Reglation 5e4tion1.764-OX2)(iva,
"NouzeocurseDedUctions"! Shall have the oleo:ding sot forth in Treasury Itegulafion•
Sian 1.704-2.
{e) The amain of ony liabilities of the *members that are .asstuiatil by die
Company.
SKIIION IV •
WCATIONSAND•DISTRIBURONS.
A. Allocariga. For purposes ofsahttalting the Sole MC:006V Capita( Account, et of the
Company's net profits; net lessee., expenses and.other hens-4001c, gain, loss, todetAitshal1be
allocated to the Sole Member. An item of emp-any taitable income, gain, - loss, dahittion. and
nognize4 ar allowable for Yedat'ai Iacono tax prpeev 04 be alfroaged and credited or
charged to the Sole.Member.
B. Digirilptipl. Net casliflow shall be distributed in the following priority,
t 'Fink to the %smother in 'repayrifeitni any &bonen &tin& kV)? rstnpan,
as a lender, tO•the extent of ath in proportion to tuchadv.arices, inaltufing later:et thereon, if
any;
2. Aciditiolnal distributions, if any *Abe made to. the Sole. Member, ill such
amounts and at such ihim as datennioed by tbeloteldember,
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CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0066609
CONFIDENTIAL SDNY GM_00212793
EFTA01372750
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