Allocations of Net Profits and Net Losses. Subject to Section 6.04, Net Profits or Net Losses for any Fiscal Year or other period shall be allocated to the Members in proportion to their respective Percentage Interests.
Appears in 5 contracts
Samples: Operating Agreement (Evolent Health, Inc.), Operating Agreement (Evolent Health, Inc.), Limited Liability Company Agreement (Health Insurance Innovations, Inc.)
Allocations of Net Profits and Net Losses. Subject to Section 6.04, Net Profits or Net Losses for any Fiscal Year or other period shall be allocated to the Members pro rata in proportion to accordance with their respective Percentage Interests.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (MediaAlpha, Inc.), Limited Liability Company Agreement (MediaAlpha, Inc.)
Allocations of Net Profits and Net Losses. Subject to Section 6.047.04, Net Profits or Net Losses for any Fiscal Year or other period shall be allocated to the Members in proportion to their respective Percentage Interests.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (First Wind Holdings Inc.), Limited Liability Company Agreement (First Wind Holdings Inc.)
Allocations of Net Profits and Net Losses. Subject to Section 6.04, Net Profits or Net Losses for any Fiscal Year or other period shall be allocated to the Members in proportion to their respective Percentage Interests, provided, however, that Net Losses and individual items of loss or deduction may not be allocated to a Member to the extent the allocation would result in (or increase) a deficit balance in the Member’s Adjusted Capital Account at the end of any Fiscal Year.
Appears in 1 contract
Samples: Operating Agreement (OTG EXP, Inc.)
