Related Clauses

Allocations of Net Profits and Net Losses
Allocation of Net Income and Net Loss
Timing and Amount of Allocations of Net Income and Net Loss
Allocation of Net Profits and Net Losses
Allocations of Profits and Losses
Allocations of Income and Loss
Net Income and Net Loss
Distributions of Net Cash Flow
Allocations of Profit and Loss
Allocation of Profits and Losses

Parent Clauses

Allocations
General Allocations
General Provisions
Profits Interests
Definitions
DEFINED TERMS
Class B Units
No Rights as Stockholders
Capital Contributions Allocations Distributions
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Sub-Clauses

Net Income
Net Loss
Special Allocations
General Partner Gross Income Allocation
Special Allocations Regarding Class B Units
Special Allocations Regarding the Special Limited Partner Interest
Allocations of Net Property Gain and Net Property Loss
Additional Allocation Provisions
Required Tax Allocations
Qualified Income Offset

Allocations of Net Income and Net Loss. (a) Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Company shall be determined and allocated with respect to each fiscal year of the Company as of the end of each such year or as circumstances otherwise require or allow. Subject to the other provisions of this Section 4.3, an allocation to a Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Birds Eye Foods, Inc.), Limited Liability Company Agreement (Mg Waldbaum Co), Limited Liability Company Agreement (Michael Foods Inc/New)

Allocations of Net Income and Net Loss. (a) ~~Timing and Amount of Allocations of Net Income and Net Loss~~TIMING AND AMOUNT OF ALLOCATIONS OF NET INCOME AND NET LOSS. Net Income and Net Loss of the Company shall be determined and allocated with respect to each fiscal year of the Company as of the end of each such year or as circumstances otherwise require or allow. Subject to the other provisions of this ~~Section~~ SECTION 4.3, an allocation to a Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Mg Waldbaum Co), Limited Liability Company Agreement (Mg Waldbaum Co)

Allocations of Net Income and Net Loss. (a( ) Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Company shall be determined and allocated with respect to each fiscal year of the Company as of the end of each such year or as circumstances otherwise require or allow. Subject to the other provisions of this Section 4.3, an allocation to a Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NTK Holdings, Inc.)

Common use of Allocations of Net Income and Net Loss Clause in Contracts