Common use of Basic Allocations Clause in Contracts

Basic Allocations. (a) Except as provided in Section 5.03 below (which shall be applied first), Net Profits of the Company for any relevant period shall be allocated as follows:

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (SPIRE Corp)

AutoNDA by SimpleDocs

Basic Allocations. (a) Except as provided in Section 5.03 5.02 below (which shall be applied first), Net Profits and Net Losses of the Company for any relevant period shall be allocated to the Members as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Fintech Investor Holdings, LLC)

AutoNDA by SimpleDocs

Basic Allocations. (a) Except as provided in Section 5.03 5.02 below (which shall be applied first), Net Profits of the Company LLC for any relevant period shall be allocated as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cmgi Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.