Profit Loss and Distributions Sample Clauses

Profit Loss and Distributions. Cash Flow for each taxable year of the Company shall be distributed to the Interest holders, at such time as determined by the Board, in proportion to the Interest holders' respective Percentage Interest. All Profit or Loss shall be allocated to the Interest holders in proportion to their respective Percentage Interest. If the Company is dissolved, the assets of the Company shall be distributed as provided in Article 9.2.
Profit Loss and Distributions. 4.1 [Purposely Omitted.]
Profit Loss and Distributions. 4.1. Allocations of Profit or Loss other than from Capital Transactions, Distributions of Cash Flow, and Distribution for Repayment of Working Capital Loans and Emergency Loans.
Profit Loss and Distributions. All Profit and Loss shall ------------------------------ be allocated to the Member. Distributions shall be made to the Member at the times and in the aggregate amounts determined by the Board. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not be required to make a distribution to the Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or any other applicable law.
Profit Loss and Distributions. All Cash Flow, Profit and Loss shall be distributed or allocated to the Sole Shareholder.
Profit Loss and Distributions. All Cash Flow, Profit and Loss shall be distributed or allocated to the Member.
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Profit Loss and Distributions. All Cash Flow, Profit and Loss shall be distributed or allocated to the Member. Table of Contents ARTICLE VI MANAGEMENT: RIGHTS, POWERS, AND DUTIES
Profit Loss and Distributions 

Related to Profit Loss and Distributions

  • Profits Losses and Distributions A. Each Member shall share all profits and losses, pro rata, in proportion to the Member's Interest in the Company. A Member's Interest shall be defined as a Member's pro rata share of ownership in the Company.

  • In-Kind Distributions Subject to Section 00-00-000 of the Act, the Company may make in-kind distributions of the Company assets, provided the Members unanimously agree and such agreement is in writing. The fair market value of the property must be determined and agreed upon by the Members before the distribution is made. The receiving Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.

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