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GIS » Topics » 13.8 Allocations and Distributions During Period of Liquidation.

This excerpt taken from the GIS 10-Q filed Jan 6, 2005.

        13.8     Allocations and Distributions During Period of Liquidation.

        During the period commencing on the first day of the Fiscal Quarter during which a Liquidating Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Members pursuant to Section 13.2, the Members shall continue to share Profits, Losses, gain, loss, and other items of Company income, gain, loss, or deduction in the manner provided in Section 3 (other than pursuant to Sections 3.1(a) and 3.1(c)) but no distributions shall be made pursuant to Section 4.

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