Net Income and Net Loss. (a) Except as otherwise provided herein, the net income and net loss of the Company for each Fiscal Year, computed without regard to net gains resulting from the sale or other disposition of any hospital owned by the Company, shall be allocated to the Interest Holders in accordance with their respective Percentage Interests. For purposes of this Agreement, the term “
Appears in 10 contracts
Samples: Limited Liability Company Agreement (Hospital of Fulton, Inc.), Limited Liability Company Agreement (Hospital of Fulton, Inc.), Limited Liability Company Agreement (Triad of Oregon, LLC)
Net Income and Net Loss. (a) Except as otherwise provided hereinin this Agreement, the net income and net loss of the Company for each Fiscal Year, computed without regard to net gains resulting from the sale or other disposition of any hospital owned by the Company, Year shall be allocated to the Interest Holders in accordance with their respective each Member’s Percentage Interests. For purposes of this Agreement, the term “Interest.
Appears in 1 contract
Samples: Operating Agreement (Pacific Export Resources, LLC)
