Related Clauses

Other Allocation Rules
Special Allocation Rules
Arbitration Rules
Allocation Procedures
Place of Arbitration; Rules
Margin Rules
Special Rules for New Accounts
Order of Benefit Determination Rules
Basic Rules
Compliance with State and Federal Laws

Parent Clauses

DEFINITIONS
Allocations
Shareholder Service
Allocation of Tax Liabilities and Tax Benefits
Allocation of Tax Liabilities Tax Benefits and Certain Losses
Definition of Terms
Allocations and Distributions
Allocations of Net Income and Net Loss
Expenses and Allocation Rules
Certain Defined Terms

Sub-Clauses

Exchange Shares
Redeemed Shares
Reinvested Shares
General Rule
General
Omnibus Shares
Commission Shares
Acquired Subsidiaries
Carryovers or Carrybacks of Tax Benefits
Alternative Minimum Tax Credit

Allocation Rules. (a) In the event there is a change in the respective Percentage Interests of Members during the year, the Profits (or Losses) allocated to the Members for each Fiscal Year during which there is a change in the respective Percentage Interests of Members during the year shall be allocated among the Members in proportion to the Percentage Interests during such Fiscal Year in accordance with Code Section 706, using any convention permitted by law and selected by the Board.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Petro River Oil Corp.), Subscription Agreement (Petro River Oil Corp.), Limited Liability Company Agreement (Bitzumi, Inc.)

Allocation Rules. (a) In the event there is a change in the respective Economic Percentage Interests of Members during the year, the Profits (or Losses) allocated to the Members for each Fiscal Year during which there is a change in the respective Economic Percentage Interests of Members during the year shall be allocated among the Members in proportion to the Economic Percentage Interests during such Fiscal Year in accordance with ~~Code Section 706~~ss.706 of the Code, using any convention permitted by law and selected by the Company Board.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Usa Networks Inc), Limited Liability Company Agreement (Tele Communications Inc /Co/)

Allocation Rules. (a) ~~In the event there is a change in the respective Percentage Interests of Members during the year, the~~ The Profits (or Losses) allocated to the Members for each Fiscal Year or portion thereof during which there is a change in the respective ~~Percentage~~ Interests of Members ~~during the year~~ shall be allocated among the Members in proportion to the ~~Percentage~~ Interests during such Fiscal Year or portion thereof in accordance with ~~Code Section 706~~SECTION 706 of the Code, using any convention permitted by law and selected by the ~~Board~~Board pursuant to Section 5.3(b).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Norfolk Southern Corp), Limited Liability Company Agreement (Norfolk Southern Corp)

Common use of Allocation Rules Clause in Contracts