Allocations of Profits and Losses. The Company’s profits and losses shall be allocated to the Members in proportion to their respective Sharing Ratios.
Appears in 31 contracts
Samples: Limited Liability Company Agreement (Summit Midstream Partners, LP), Limited Liability Company Agreement (Tesoro Logistics Lp), Limited Liability Company Agreement (Atlas Resource Partners, L.P.)
Allocations of Profits and Losses. The Company’s profits and losses shall be allocated to the Members in proportion to their respective Sharing Ratios. The Company will keep a record of the Members’ Capital Contributions, the Company’s income, gains, losses and deductions, and its distributions to the Members.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Emerge Energy Services LP), Limited Liability Company Agreement (Emerge Energy Services LP), Limited Liability Company Agreement
Allocations of Profits and Losses. The Company’s profits and losses shall be allocated to the Members in proportion to their respective Sharing Ratios.. Section 6.3
Appears in 1 contract
Samples: Limited Liability Company Agreement
