Allocations of Profits and Losses from Operations. (a) Except as may be otherwise required by Section 704(c) of the Code, the Net Losses and the Net Profits of the Company for each Fiscal Year shall be allocated among the Members pro rata, based upon the respective number of Units held by the Members. Any credit available for income tax purposes shall also be allocated among the Members pro rata, based upon the respective number of Units held by the Members.
Allocations of Profits and Losses from Operations. The Net Profits and Net Losses of the Company for each fiscal year will be allocated in proportion to the Capital Accounts of the Members.
Allocations of Profits and Losses from Operations. (a) The Net Profits and Net Losses of the Company for each Fiscal Year shall be allocated between the Members in proportion to the Economic Interests held by Members.
Allocations of Profits and Losses from Operations. Except as provided in Sections 9.2 and 9.3, the Profits and Losses for each Fiscal Year shall be allocated as follows:
Allocations of Profits and Losses from Operations. Subject to Section 8.1(b) and 8.2 the Net Profits and Net Losses of the Company for each Fiscal Year shall be allocated to the Members in proportion to their respective Membership Interests.
Allocations of Profits and Losses from Operations. Except as provided in Sections 9.2, 9.3 and 9.4 of this Agreement, the Profits and Losses for each Fiscal Year shall be allocated among the Members in accordance with their respective Sharing Ratios.
Allocations of Profits and Losses from Operations. Net profits and net losses shall be allocated among the Members ratably in proportion to their respective Common Interest Percentages. Notwithstanding the foregoing, in the event that there are two or more Members of the Company, no item of loss or deduction of the Company shall be allocated to a Member if such allocation would result in a negative balance in such Member’s capital account. Such loss or deduction shall be allocated first among the Members with positive balances in their capital accounts in proportion to (and to the extent of) such positive balances and thereafter to Members in accordance with their Common Interest Percentage as determined under Section 1.704-1(b)(3) of the Treasury Regulations.
Allocations of Profits and Losses from Operations. The net profits (“Profits”) and net losses (“Losses”) of the Company for each fiscal year shall be first allocated entirely to a general profit account, with respect to Profits, and a general loss account, with respect to Losses. Upon the resolution of the Board of Directors, Profits and Losses shall be allocated, subject to the other provisions of this Article VIII, among the Stockholders in proportion to their respective stockholdings in the Company. Subject to the other provisions of this Article VIII, such allocations to a Stockholder of Profits or Losses shall be treated as an allocation of the same share of each item of income, gain, loss, deduction or credit that is taken into account in computing net profits or net losses.
Allocations of Profits and Losses from Operations. The Net Profits and Net Losses of the Company for each fiscal year will be allocated pro rata in accordance with the number of units of Common Units owned by each Member or Economic Interest Owner.
Allocations of Profits and Losses from Operations. (a) All profits and distributions shall be allocated or paid to the Members and Economic Interest Owners in the percentage proportions of each Membership Interest or Economic Interest, as the case may be. All losses shall be borne by the Members in the percentage proportion of the Capital Interest of each.
