Common use of Book Allocations Clause in Contracts

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Book Allocations. The net income and net loss of the Company shall be allocated entirely to the Capital Account of the Sole Member.

Appears in 14 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)

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Book Allocations. The net income and net loss of the Company shall be allocated entirely to the Capital Account of the Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (PSNH Funding LLC 3), Limited Liability Company Agreement (PSNH Funding LLC 3)

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