Examples of Net Profits in a sentence
As of the last day of each Fiscal Period, any Net Profits or Net Losses for the Fiscal Period shall be allocated among and credited to or debited against the Capital Accounts of the Members in accordance with their respective Investment Percentages for such Fiscal Period.
Net Profits and Net Losses during the period of liquidation shall be allocated pursuant to Section 5.4 hereof.
Except as otherwise provided in Section 5.03 and Section 5.04, Net Profits and Net Losses for any Fiscal Year or Fiscal Period shall be allocated among the Capital Accounts of the Members pro rata in accordance with their respective Percentage Interests.
The Employer: (Choose (f) or (g)) [X] (f) Need not have Net Profits to make its annual contribution under this Plan.
No Member shall have priority over any other Member, either as to the return of Capital Contributions or as to Net Profits, Net Losses or Distributions.