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Common use of Allocation of Net Profits Clause in Contracts

Allocation of Net Profits. and Net Loss of the Company. Except as otherwise provided in this Article IV, Net Profits and Net Loss of the Company in each Fiscal Year shall be allocated among the Members as follows:

Appears in 3 contracts

Sources: Limited Liability Company Agreement (White Owl Investors LLC), Limited Liability Company Agreement (Ziegler William R), Limited Liability Company Agreement (Blackhawk Investors LLC)

Related Clauses

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

Parent Clauses

  • DEFINITIONS
  • Allocation of Profits and Losses
  • Allocations
  • Allocations of Net Profits Net Losses and Distributions
  • Allocation of Net Profits and Net Losses

Sub-Clauses

  • Net Profits
  • Allocation of Net Loss
  • Dissolution
  • Qualified Income Offset
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