Allocations of Income and Loss. (a) BOOK ALLOCATIONS. The net income and net loss of the Company shall be allocated entirely to the Capital Account of the Sole Member.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (PSNH Funding LLC), Limited Liability Company Agreement (B E C Energy), Limited Liability Company Agreement (Bec Funding LLC)
Allocations of Income and Loss. (a) BOOK ALLOCATIONS. The net income and net loss of the Company shall be allocated entirely to the Capital Account of the Sole Member.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Comed Funding LLC), Limited Liability Company Agreement (Illinois Power Securitization Limited Liability Co), Limited Liability Company Agreement (Illinois Power Securitization Limited Liability Co)
