Common use of PROFITS/LOSSES Clause in Contracts

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule Exhibit 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 Company, and as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members Member(s) in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1interest.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's ’s net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's ’s relative capital interest in the Company as set forth in Schedule 2 as amended from time to time Company, in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses shall will be determined on an annual basis basis. Profits and shall losses will be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 Company, and as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's ’s net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's ’s relative capital interest in the Company as set forth in Schedule Exhibit 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's ’s net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's ’s relative capital interest in the Company as set forth in Schedule 2 Company, and as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For the purposes of financial accounting and tax purposestaxation, the Company's ’s net profits or net losses profit/loss shall be determined on an annual basis annually and shall be allocated proportionately among members according to the Members in proportion to each Member's relative their respective capital interest in the Company Company, as set forth in Schedule 2 2, as amended from time to time in accordance with U.S. pursuant to the Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's ’s relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall will be determined on an annual basis basis. These profits and shall losses will be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule Exhibit 2 as amended from time to time and in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest what is listed in the Company Private Placement Memorandum dated or as set forth in Schedule 2 the company’s books and records as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital ’s ownership interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1time.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's ’s net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's ’s relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-11.704­1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes of the Company's ’s net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's ’s relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of or the Treasury Regulation 1.704-1individual series.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's ’s net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's ’s relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 Company, and as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-11.704-­‐1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's ’s net profits or net losses shall be determined on an annual basis and shall be allocated to the Managing Members and Authorized Members in proportion to each Member's Shareholder’s relative capital interest participation in the Company as set forth in Schedule Exhibit 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall will be determined on an annual basis basis. These profits and shall losses will be allocated to the Members members in proportion to each Membermember's relative capital interest in the Company as set forth in Schedule 2 this agreement below, as amended from time to time amended, and in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members Member(s) in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's ’s net profits or net losses shall be determined on an annual basis and shall be allocated to the Members as approved by the Manager in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 writing and as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-11.7041.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall will be determined on an annual basis basis. These profits and shall losses will be allocated to the Members members in proportion to each Membermember's relative capital interest in the Company as set forth in Schedule Exhibit 2 as amended from time to time and in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in Company, accordance with U.S. Department of the applicable Treasury Regulation 1.704-1Regulations.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's ’s net profits or net losses shall be determined on an annual basis and shall be allocated to the Members Member in proportion to each the Member's ’s relative capital interest in the Company as set forth in Schedule 2 as amended from time Company, subject to time in accordance with U.S. Department the requirements of the Treasury Regulation 1.704-1Act.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital ownership interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 Exhibit 3 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-11.704­1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits profits, or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-11.704­1.