Allocation of Profits and Losses. The profits and losses of the Company shall be allocated entirely to the Member or, if additional member(s) are admitted, the member(s) in proportion to their respective capital accounts.
Appears in 29 contracts
Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)
Allocation of Profits and Losses. The profits and losses of the Company shall be allocated entirely to the Member or, if additional member(s) are admitted, the member(s) in proportion to their respective capital accountsPercentage Interests.
Appears in 15 contracts
Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)
Allocation of Profits and Losses. The Company’s profits and losses of the Company shall be allocated entirely to the Member orMember. In the event that there is more than one (1) Member, if additional member(s) are admitted, profits and losses shall be allocated to the member(s) Members in proportion to their respective the capital accountscontributions of the Members.
Appears in 6 contracts
Samples: Limited Liability (Global Engine Manufacturing Alliance LLC), Limited Liability Company Agreement (Benefit Holding, Inc.), Limited Liability Company Agreement (Global Engine Manufacturing Alliance LLC)
Allocation of Profits and Losses. The profits and losses of the Company shall be allocated entirely to the Member or, if additional member(s) members are admitted, the member(s) members in proportion to their respective capital accounts.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)
Allocation of Profits and Losses. The For so long as the Member is the sole member of the Company, the Company’s profits and losses of the Company shall be allocated entirely solely to the Member or, if Member. Upon the admission of one or more additional member(s) are admittedMembers to the Company, the member(s) Company’s profits and losses shall be allocated among the Members in proportion to accordance with their respective capital accountsPercentage Interests.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Allocation of Profits and Losses. The profits and losses of the Company shall be allocated entirely to the Member or, if additional member(s) members are admitted, the member(s) members in proportion to their respective capital accounts.. --------------------------------
Appears in 1 contract
Allocation of Profits and Losses. The Company’s profits and losses shall be allocated in proportion to the capital contribution(s) of the Sole Member and any additional members of the Company shall be allocated entirely to the Member or, if additional member(s) are admitted, the member(s) appointed in proportion to their respective capital accountsaccordance with Section 20 below (“Additional Members”).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Listerhill Total Maintenance Center LLC)
