Common use of Allocation of Profits Clause in Contracts

Allocation of Profits. After giving effect to the allocations set forth in Section 5.2 and Section 5.3, Profits for any Taxable Year (or other period) shall be allocated to the Members pro rata (based upon the number of Common Units) in accordance with their ownership of Common Units.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Sealy Texas Holdings LLC), Limited Liability Company Agreement (Tempur Pedic International Inc), Limited Liability Company Agreement (Convergence, LLC)

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Allocation of Profits. After giving effect to the --------------------- allocations set forth in Section 5.2 and Section 5.3, Profits for any Taxable Year (or other period) shall be allocated to the Members pro rata (based upon the number of Common Units) in accordance with their ownership of Common Units.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Bi Acquisition LLC)

Allocation of Profits. After giving effect to the allocations set --------------------- forth in Section 5.2 and Section 5.3, Profits for any Taxable Year (or other period) shall be allocated to the Members pro rata (based upon the number of Common Units) in accordance with their ownership of Common Units.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Muzak Finance Corp)

Allocation of Profits. After giving effect to the allocations set forth in Section 5.2 and Section 5.3, Profits for any Taxable Year (or other period) shall be allocated to the Members holders of Common Units pro rata (based upon the number of Common Units) in accordance with according to their ownership of Common UnitsPro Rata Percentages.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sealy Corp)

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Allocation of Profits. After giving effect to the allocations --------------------- set forth in Section 5.2 and Section 5.3, Profits for any Taxable Year (or other period) shall be allocated to the Members holders of Common Units pro rata (based upon the number of Common Units) in accordance with according to their ownership of Common UnitsPro Rata Percentages.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sealy Corp)

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