Common use of Allocation of Net Profits Clause in Contracts

Allocation of Net Profits. 4.3.2.1. First, to the Members in an amount sufficient to reverse the cumulative amount of any Net Losses allocated to the Members in the current and all prior Fiscal Years and (in the inverse order of such allocation) which have not been previously offset, in proportion to the allocation of such Net Losses to such Members; and 4.3.2.2. The balance, to the Members pro-rata in accordance with their respective Interests.