Allocations and Distributions. Except as may be required by section 704 (b) and (c) of the Code and the applicable Treasury Regulations, all items of income, gain, loss, deduction, and credit of the Company shall be allocated among the Members, and distributions shall be made, in accordance with this Article 6.
Appears in 14 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement (Western Plains Energy LLC)
Allocations and Distributions. Except as may be required by section 704 (b) and (c) of the Code and the applicable Treasury Regulations, all items of income, gain, loss, deduction, and credit of the Company shall be allocated among the Members, and distributions shall be made, in accordance with Section 5.5 and this Article 66 of this Operating Agreement.
Appears in 7 contracts
Samples: Operating Agreement, Operating Agreement (South Dakota Soybean Processors LLC), Operating Agreement (South Dakota Soybean Processors LLC)
Allocations and Distributions. Except as may be required by section 704 (b) and (c) of the Code and the applicable Treasury RegulationsRegulations or under Section 5.5 below, all items of income, gain, loss, deduction, and credit of the Company shall be allocated among the Members, and distributions shall be made, in accordance with this Article 6.V.
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Allocations and Distributions. Except as may be required by section 704 (b) and (c) of the Code and the applicable Treasury RegulationsRegulations or under Section 5.5 below, all items of income, gain, loss, deduction, and credit of the Company shall be allocated among the Members, and distributions shall be made, in accordance with this Article 65.
Appears in 3 contracts
Samples: Operating Agreement (Husker Ag LLC), Operating Agreement (Husker Ag LLC), Operating Agreement (Husker Ag Processing LLC)
Allocations and Distributions. Except as may be required by section ----------------------------- 704 (b) and (c) of the Code and the applicable Treasury RegulationsRegulations or under Section 5.5 below, all items of income, gain, loss, deduction, and credit of the Company shall be allocated among the Members, and distributions shall be made, in accordance with this Article 65.
Appears in 1 contract
Samples: Husker Ag Processing LLC
