Common use of Allocations of Profits and Losses from Operations Clause in Contracts

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.

Appears in 3 contracts

Samples: Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Badlands Power Fuels, LLC)

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Allocations of Profits and Losses from Operations. The Net Profits and Net Losses of the Company for each fiscal year Fiscal Year will be allocated among the Members in proportion to the Capital Accounts of the Membersaccordance with their relative Sharing Ratios.

Appears in 1 contract

Samples: Operating Agreement (JFC LLC)

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 capital accounts of the Members.

Appears in 1 contract

Samples: Operating Agreement (Nelnet Inc)

Allocations of Profits and Losses from Operations. The Net Profits company's profits and Net Losses of the Company losses (as determined for each fiscal year will federal income tax purposes) shall be allocated in proportion to the Capital Accounts capital account balances of the MembersMembers of the Company.

Appears in 1 contract

Samples: Series Operating Agreement

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Allocations of Profits and Losses from Operations. The Net Profits and Net Losses of the Company for each fiscal year Fiscal Year will be allocated among the Members in proportion to the Capital Accounts Units of the Members.

Appears in 1 contract

Samples: Operating Agreement (New England Electric System)

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 Members according to the proportion such Member’s Membership Units bears to the aggregate number of issued and outstanding Membership Units in the MembersCompany.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (New Gaming Capital Partnership)

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