Common use of Profits and Losses Distributions Clause in Contracts

Profits and Losses Distributions. Until the admission of additional Members, the Original Member shall be entitled to all allocations of LLC profits and losses and to allocations of distributions.

Appears in 73 contracts

Samples: Single Member LLC Operating Agreement, Single Member LLC Operating Agreement, Single Member LLC Operating Agreement

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Profits and Losses Distributions. Until the admission of additional Members, the Original Member Member(s) shall be entitled to all allocations of LLC profits and losses and to allocations of distributionsdistributions in accordance with Percent Interest.

Appears in 1 contract

Samples: LLC Operating Agreement

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