Common use of Losses Clause in Contracts

Losses. After giving effect to the special allocations in Section 3.3 and 3.4 hereof, Losses for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held.

Appears in 34 contracts

Samples: Operating Agreement (Advanced BioEnergy, LLC), Operating Agreement, Operating Agreement (Advanced BioEnergy, LLC)

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Losses. After giving effect to the special allocations in Section Sections 3.3 and 3.4 hereofof this Agreement, Losses for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held.

Appears in 33 contracts

Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement (Highwater Ethanol LLC), Operating Agreement

Losses. After giving effect to the special allocations in Section 3.3 and 3.4 hereof, and except as otherwise provided in Section 3.5 hereof, Losses for any Fiscal Year shall be allocated among the Unit Holders ratably in proportion to Units held.

Appears in 9 contracts

Samples: Member Control Agreement (Granite Falls Energy, LLC), Member Control Agreement, Member Control Agreement (Heron Lake BioEnergy, LLC)

Losses. After giving effect to the special allocations in Section 3.3 Sections 3.3, 3.4 and 3.4 hereof3.5 of this Agreement, Losses for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held.

Appears in 7 contracts

Samples: Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC)

Losses. After giving effect to the special allocations in Section 3.3 and Section 3.4 hereof, Losses for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held.

Appears in 6 contracts

Samples: Operating Agreement (Iowa Renewable Energy, LLC), Operating Agreement (Central Iowa Energy, LLC), Operating Agreement (Western Dubuque Biodiesel, LLC)

Losses. After giving effect to the special allocations in Section 3.3 and 3.4 hereof, Losses for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Siouxland Renewable Holdings, LLC), Operating Agreement

Losses. After giving effect to the special allocations in Section Sections 3.3 and 3.4 hereof, Losses for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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Losses. After giving effect to the special allocations in Section 3.3 and 3.4 hereof, Losses for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held., regardless of class. 3.3

Appears in 1 contract

Samples: Operating Agreement (Cardinal Ethanol LLC)

Losses. After giving effect to the special allocations set forth in ------- Section 3.3 7.2 and 3.4 Section 7.3 hereof, Losses for any Fiscal Year shall be allocated among to the Unit Holders in proportion to Units heldtheir respective Percentage Interests.

Appears in 1 contract

Samples: Limited Liability Company (Kent Financial Services Inc)

Losses. After giving effect to the special allocations in Section 3.3 and 3.4 hereof, Losses for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held., regardless of class. 3.3

Appears in 1 contract

Samples: Operating Agreement (Cardinal Ethanol LLC)

Losses. β€Œ After giving effect to the special allocations in Section 3.3 and Section 3.4 hereof, Losses for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held. In addition, all allocations of Losses to Unit Holders shall be made based upon the number of days each Unit was held by such Unit Holder during the period for which such Losses are being calculated.

Appears in 1 contract

Samples: Operating Agreement

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