Common use of Allocations of Profits and Losses Clause in Contracts

Allocations of Profits and Losses. The Members shall share Company Net Profits and Net Losses and all related items of income, gain, loss, deduction and credit for federal income tax purposes as follows:

Appears in 6 contracts

Samples: Limited Liability Company Agreement (RSP Permian, Inc.), Limited Liability Company Agreement (Rice Energy Inc.), Limited Liability Company Agreement (RSP Permian, Inc.)

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Allocations of Profits and Losses. The After giving effect to the allocations under Section 4.2, the Members shall share Company Net Profits and Net Losses and all related items of income, gain, loss, deduction and credit for federal income tax purposes as follows:

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Rice Energy Inc.), Limited Liability Company Agreement (Rice Energy Inc.), Limited Liability Company Agreement (Rice Energy Inc.)

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