Taxable Income or Taxable Loss. For any taxable year of the Company, Profit or Loss (other than Profit or Loss resulting from a Capital Transaction, which Profit or Loss shall be allocated in accordance with the provisions of Sections 8.3(a) and 8.3(b)) shall be allocated to the Members in proportion to their respective Percentages of Interest.
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Samples: Operating Agreement (Delphi Corp), Operating Agreement (Delphi Properties Inc)
Taxable Income or Taxable Loss. For any taxable fiscal year of the Company, Profit or Loss (other than Profit or Loss resulting from a Capital Transaction, which Profit or Loss shall be allocated in accordance with the provisions of Sections 8.3(a4.03(a) and 8.3(b4.03(b)) shall be allocated to the Members in proportion to accordance with their respective Percentages of Interest.Profit and Loss Allocations. (c)
Appears in 1 contract
Samples: Operating Agreement
Taxable Income or Taxable Loss. For any taxable fiscal year of the Company, Profit or Loss (other than Profit or Loss resulting from a Capital Transaction, which Profit or Loss shall be allocated in accordance with the provisions of Sections 8.3(a4.03(a) and 8.3(b4.03(b)) shall be allocated to the Members in proportion to accordance with their respective Percentages of InterestProfit and Loss Allocations.
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