Common use of Profit Allocations Clause in Contracts

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:

Appears in 5 contracts

Samples: Operating Agreement (World Tree Usa, LLC), Operating Agreement (World Tree Usa, LLC), Operating Agreement (MGM Mirage)

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Profit Allocations. After making any special allocations required under Appendix 1, Profits for each Fiscal Year (and including 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:

Appears in 1 contract

Samples: Operating Agreement (MGM Mirage)

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