Profits Losses and Distributions. (a) All profits and losses arising from the normal course of business operations or otherwise and all cash available for distribution from whatever source, commencing with the date of this Agreement, shall be allocated or distributed to the Members according to their Membership Interests.
Appears in 6 contracts
Samples: Operating and Joint Venture Agreement (Afg Investment Trust D), Operating and Joint Venture Agreement (Afg Investment Trust C), Operating and Joint Venture Agreement (Semele Group Inc)
Profits Losses and Distributions. (a) All profits and losses arising from the normal course of business operations or otherwise and all cash available for distribution from whatever source, commencing with the date of this Agreement, shall be allocated or distributed to the Members according to their respective Membership Interests.
Appears in 1 contract
Profits Losses and Distributions. (a) A. All profits and losses arising from the normal course of business operations or otherwise and all cash available for distribution from whatever source, commencing with the date of this Agreement, shall be allocated or distributed to the Members according to their Membership Percentage Interests.
Appears in 1 contract
Samples: Operating Agreement
