📄 Extracted Text (440 words)
DEUTSCHE BANK Fax 4108955135 Sep 20 2013 08:07pa P015/037
set forth opposite the Sole' Member's name on the Schedule of Capital Contributions attached
hereto. Die Company shall thereupon issue to the Sole Member that number and class of Units so
subsaibed and contributed for. The Sole Member may make additional capital uonhibutions at any
time and in any amoutthat Rineydesire.
B. *Tram& of Membership Wits. The Sole Member may Surer any or all of its
Mentbership, Units W any.ltrson tirpersans, at any tittle and from dine to. time. Subject to the.
previsions of this SetliOn, the$oleMember may assign its Mentership Interest inthe COmpany in
whole or is part.. The assignment of a Membership Interest does maitself erode the assiguee to
participate iii the Trianagenterit and afrairs• of the Company or to become a Mother. Such assignee
is onlyentided to teethe, to the extent assigned, the distrilnuirais the assistingSole Member would
otherwise he entitled to, and such assignee shall only become etesSignee of a Membership Interest
end not a substituted member, An asaignee of a membership 'Melts: shall be admitted as 8
substitute member and shall be entitled to all the rights endpower3 of the assignor mat if all the
members oonSent. If admitted, the ant:et:note member, has to, the extent assigned, all of tit rights •
and powers, end is.subjett to allot the restrictions and liabilities of the members,
C. No Interest: Ni Return of Capitall. Capital contributions to the Company shell not earn
irltet!A except. es otherwise expressly• provided for lit this Agrequclit. Except as otherwise
provided In this Agreenient, the :Sole: Member shell not be entitled. to withdraw, or 10 receive a 1
retina of, a capital emigration or any portion thereof.
SECTION
CAPITAL ACCOUNT
A. gani_q_AgeS.I. A capital account ("Capital Account) shall be maintained for the Sole
Member;and any additional member accordance with theprovision of this Article.
I. hanascrin Caplial Account. The Capital Account of the members shall be
increased by:.
(a) The fair market valtie of the niembers! Initial capital contribution and any
additi0nal capital contributions by * members 10 the C0mPany: 16,1.1 PmittY,
other than cash, is contributeito or distributed by the Company, the adjustments to
Capital Amounts required by Treasury Regulation Section 1.764-.1(bX2Xi.V)(d),.(e),
(f) and (grand 'Section 1:7O4.1(bX4)(1).shill be made,
(b) The members' share of die increase in.the tats baste of Company •preperty, it'
.airy, arisiug.out of elt:capture of any tai credit.
(e) • Alienations to themembers of Profit
(4) Company income or gain (including incont and .gain,exempt from income
tension) as provided under this.4panical, or Otherwise by .4tplation Section
1.704-1(b)(2)(iv),
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0052297
CONFIDENTIAL SDNY_GM_00198481
EFTA01362723
ℹ️ Document Details
SHA-256
66761274ed00cb65b0a8268f9cd0e61a70b3906943e732f8e0e4b8c3d893b4ff
Bates Number
EFTA01362723
Dataset
DataSet-10
Document Type
document
Pages
1
Comments 0