Net Profits. After application of Sections 4.02 and 4.03, Net Profits for each Fiscal Year shall be allocated among the Members in the following order and priority:
Appears in 7 contracts
Samples: Operating Agreement (Paladin Realty Income Properties Inc), Operating Agreement (Paladin Realty Income Properties Inc), Operating Agreement (Paladin Realty Income Properties Inc)
Net Profits. After application of Sections 4.02 and 4.03giving effect to the special allocations set forth in Section 4.03 hereof, Net Profits Profit for each Fiscal Year any fiscal year, or other period, shall be allocated among the Members in the following order and priority:
Appears in 2 contracts
Samples: Resound Corp, Resound Corp