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Common use of Allocation of Net Losses Clause in Contracts

Allocation of Net Losses. Net Losses for each fiscal period of the Company shall be allocated to the Members in proportion to their Percentage Interests.

Appears in 5 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (Kennedy-Wilson Properties (IL)), Limited Liability Company Agreement (Kennedy-Wilson Properties (IL))

Related Clauses

  • Allocation of Net Profits and Net Losses
  • Allocations of Net Profits and Net Losses
  • Allocation of Net Income and Net Loss
  • Allocation of Profits and Losses
  • Limitation on Allocation of Net Loss

Parent Clauses

  • Allocation of Profits and Losses
  • ALLOCATION OF NET PROFITS AND NET LOSSES
  • Allocations of Net Profits Net Losses and Distributions
  • Miscellaneous
  • Allocations

Sub-Clauses

  • Qualified Income Offset
  • Curative Allocations
  • Gross Income Allocation
  • Section 754 Adjustments
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