Profit Allocations. For each Partnership Accounting Year, Profit from Partnership operations shall be allocated in the following order of priority:
Profit Allocations. After making any special allocations required under Appendix 1, Profits for each Fiscal Year (and each item of income and gain entering into the computation thereof) shall be allocated among the Members (and credited to their respective Capital Accounts) in the following order and priority:
Profit Allocations. For each Company Accounting Year, Profit from Company operations shall be allocated in the following order of priority:
Profit Allocations. Profits of the Company shall be determined by the Manager no less than quarterly. Profits and Losses with respect to any such calendar quarter or other accounting period shall be allocated among the Members and the Manager as follows, unless otherwise specifically provided in this Article IV:
Profit Allocations. Each Beneficial Owner shall be entitled to all profits, as they arise, of the Series in which such Beneficial Owner holds an Interest. Not less often than quarterly, or at such other times as determined by (i) the Regular Trustee with respect to any Series other than Series Two, or (ii) the Series Two Trustee with respect to Series Two, each Series shall distribute to the Beneficial Owner of such Series, in proportion to such Beneficial Owner’s respective Percentage Interest, so much of such Series’ profits as the Regular Trustee or Series Two Trustee, as applicable, in its sole discretion may determine are not required for the operation of such Series’ business; provided, however, the Trust and each Series shall not make any distributions to the extent such distribution is not permitted by the terms of any indenture or financing agreement of the Trust or any Series. The Regular Trustee or Series Two Trustee, as applicable, shall have the right to establish such reasonable reserves as such Person may from time to time determine are necessary or appropriate in connection with the conduct of the Trust’s or relevant Series’ business (including anticipated capital expenses).
Profit Allocations. After giving effect to the special allocations set forth in Sections 7.5, 7.6 and 7.7(b) hereof, Profits for any fiscal year shall be allocated in the following order and priority:
Profit Allocations. Profits calculated for each fiscal year shall be distributed to Shareholders PARI PASSU in accordance with the number of Shares issued of record at the end of the calculation period (quarterly or annually, as determined by the Board), however, if the Class A Shares reduce in number below 70% then the Class A Profits (as hereinafter defined) participation shall be allocated at the greater of either the PARI PASSU amount or the below Class A Profits for each sequential U.S. $2,500,000 of Profits. The Class A Shares Profit, which is considered a `FLOOR' to its Profit participation subject to the below variance, is described as follows:
Profit Allocations. After giving effect to the special allocations set forth in sections 9.2 and 9.3, but without duplication in respect of gross income allocated, profits for any Fiscal Year shall be allocated among all of the Members in accordance with each Member’s Percentage Interest in all of the Company’s membership Units and Economic Interest Units.
Profit Allocations. For each Venture Accounting Year, Profit from Venture operations shall be allocated in the following order of priority:
Profit Allocations. (a) All Profits of the Partnership (including each item of income, loss or deduction entering into the computation thereof), Exempt Income and Liquidation Gain shall be allocated to the Partners each Fiscal Year as follows:
