Allocation of Net Income and Net Loss. 5.2.1. Subject to Sections 5.3 and 5.7, Net Income shall be allocated to the Members as follows:
Appears in 2 contracts
Samples: Operating Agreement (Cornerstone Realty Fund LLC), Operating Agreement (Cornerstone Realty Fund LLC)
Allocation of Net Income and Net Loss. 5.2.1. Subject After giving effect to Sections the special allocations set forth in Section 5.3 and 5.7the Regulatory Allocations in Section 5.4, Net Income and Net Loss shall be allocated to the Members as follows:
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Terra Investment Fund LLC)
Allocation of Net Income and Net Loss. 5.2.1. Subject to Sections 5.3 and 5.7, (a) Net Income shall be allocated to the Members as follows:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Winter Sports Inc /New), Limited Liability Company Agreement (Winter Sports Inc /New)
Allocation of Net Income and Net Loss. 5.2.1. Subject to (a) Except as otherwise provided in Sections 5.3 and 5.74.2(b) through (h), Net Income and Net Loss shall be allocated to the Members as follows:
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Helix Biomedix Inc)
