Profits and Losses. The profits and losses and all other tax attributes of the LLC shall be allocated among the Members on the basis of the Members' percentage interests in the LLC.
Appears in 29 contracts
Samples: Sample LLC Operating Agreement, Operating Agreement, LLC Sample Operating Agreement
Profits and Losses. The On the basis of the Members’ percentage interest in the LLC, the profits and losses and all other tax attributes of the LLC shall be allocated among the Members on the basis of the Members' percentage interests in the LLC.
Appears in 13 contracts
Samples: Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Profits and Losses. The On the basis of the Members’ percentage interest in the LLC, the profits and losses and all other tax attributes of the LLC shall be allocated among to the Members on the basis of the Members' percentage interests in the LLCMember.
Appears in 2 contracts
Samples: Operating Agreement, Limited Liability Company Operating Agreement
Profits and Losses. The profits and losses and all other tax attributes of the LLC shall be allocated among the Members on the basis of the Members' ’ percentage interests in the LLC.
Appears in 1 contract
Samples: Operating Agreement
