Common use of Allocations of Profit and Loss Clause in Contracts

Allocations of Profit and Loss. As of the end of each fiscal year of the Company, or at the time any allocation is determined to be necessary by the Members, Net Profits or Net Losses shall be allocated as follows:

Appears in 5 contracts

Samples: Operating Agreement (Geltex Pharmaceuticals Inc), Collaboration Agreement (Dyax Corp), Operating Agreement (Genzyme Transgenics Corp)

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Allocations of Profit and Loss. As of the end of each fiscal year of the Company, or at the time of any allocation is determined to be necessary by the Members, Net Profits or Net Losses shall be allocated as follows:

Appears in 1 contract

Samples: Operating Agreement (Diacrin Inc /De/)

Allocations of Profit and Loss. As of the end of each fiscal year ------------------------------ of the Company, or at the time any allocation is determined to be necessary by the Members, Net Profits or Net Losses shall be allocated as follows:

Appears in 1 contract

Samples: Operating Agreement (Biomarin Pharmaceutical Inc)

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Allocations of Profit and Loss. As of the end of each fiscal year of the Company, or at the time any allocation is determined to be necessary by the MembersBoard of Directors, Net Profits or Net Losses shall be allocated as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cyberkinetics Neurotechnology Systems, Inc.)

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