Common use of Profits and Losses Distributions Clause in Contracts

Profits and Losses Distributions. LBI Media, Inc. shall treat all of the profits and losses of the Company as its own. All distributions shall be made to the Member at times and in amounts determined by the Member or the Board of Managers.

Appears in 7 contracts

Sources: Operating Agreement (Lbi Media Inc), Limited Liability Company Agreement (Lbi Media Inc), Operating Agreement (Lbi Media Inc)