Allocation of Profits and Losses Distributions Sample Clauses

Allocation of Profits and Losses Distributions. The Company’s profits and losses shall be allocated to the Managing Member. Distributions shall be made to the Managing Member at the times and in the aggregate amounts determined by the Managing Member. Notwithstanding anything to the contrary in this Agreement, the Company shall not be required to make a distribution to any Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or any other applicable law. If the Company is intended to be classified as a partnership for federal and state income tax purposes, then prior to the admission of additional members who will be considered partners for federal and state income tax purposes, the Members shall provide (through amendment to this Agreement or otherwise) for the allocation of the Company’s net income and net loss for any taxable year among the Members in proportion to their Membership Interests; provided that such allocation shall be in accordance with the Code and Regulations thereunder (including, without limitation, Section 704(c) of the Code and the Regulations thereunder).
Allocation of Profits and Losses Distributions. 6.1. Allocation of Net Income or Net Loss The Net Income or Net Loss, other items of income, gains, losses, deductions and credits, and the taxable income, gains, losses, deductions and credits of the LLC, if any, for each Fiscal Year (or portion thereof) shall be allocated to the Members as provided in the Tax Allocations Addendum.
Allocation of Profits and Losses Distributions. ........10 6.1. Allocation of Net Profit or Net Loss.......................10 6.2. Distributions..............................................10
Allocation of Profits and Losses Distributions. 32 9.1 Allocation of Profits and Losses...............................32 9.2 Allocation of Taxable Income and Loss..........................35 9.3 Distribution of Assets by the Company..........................35
Allocation of Profits and Losses Distributions. The Company’s profits and losses shall be allocated to the Member. Distributions shall be made to the Member at the times and in the aggregate amounts determined by the Member.
Allocation of Profits and Losses Distributions. 10 6.1. Allocation of Net Income or Net Loss...........10 6.2. Allocation of Income and Loss With Respect to LLC Interests Transferred.....................10 6.3. Distributions..................................11
Allocation of Profits and Losses Distributions. The profits and losses from operations of the Company for any fiscal year or other period or from the sale or other disposition of all or any part of the Company's Property, whether or not they result in a dissolution and liquidation of the Company, shall be allocated to the Members in accordance with their Percentage Interests in the Company. Distributions of Property of the Company shall be made at such times, in such manner and in such amounts as the Managing Member may determine; provided, however, that each such distribution shall be made to the Members in accordance with their respective Percentage Interests in the Company.
Allocation of Profits and Losses Distributions. All deductions, credits, income, gains, losses of the Company shall be allocated to Parent and all distributions will be made to Parent.