Allocations of Net Profit and Net Loss. All net profits and net -------------------------------------- losses of the Company and all other items of income, deduction, credit or other items having effect for tax purposes shall be allocated to Northeast as the sole Member of the Company.
Appears in 4 contracts
Sources: Limited Liability Company Agreement (National Earth Products Inc), Limited Liability Company Agreement (National Earth Products Inc), Limited Liability Company Agreement (National Earth Products Inc)