Common use of Net Losses from Operations Clause in Contracts

Net Losses from Operations. Except as otherwise provided in this Section 4.2 and subject to Article 7, 8 and 9 hereof, Net Losses from Operations shall be allocated 85% to the Investors, pro rata, and 15% to the Manager.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Ridgewood Energy v Fund LLC), Limited Liability Company Agreement (Ridgewood Energy S Fund LLC), Limited Liability Company Agreement (Ridgewood Energy T Fund LLC)

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Net Losses from Operations. Except as otherwise provided in this Section 4.2 and subject to Article 7, 8 and 9 7 hereof, Net Losses from Operations shall be allocated 85% to the Investors, pro rata, and 15% to the Manager.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ridgewood Energy U Fund LLC)

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