the Company or its designee shall have the first right and the other Members shall have the second right to purchase all, but not less than all, of the Transferred Interest for the purchase price determined pursuant to Section 9.11(b) and upon the payment terms set forth in Section 9.5. The Company shall exercise its r

and a redeemed Interest. A Transferee of an Interest shall succeed to the Capital Account of the Transferor Member to the extent that it relates to the Transferred Interest. 6.11. Tax Allocations. (a) Except as otherwise provided in this Section 6.11, for each Period, items of the Fund's income, gains, losses, deducti