Common use of Allocation and Distribution of Profits, Losses, Income and Deductions Clause in Contracts

Allocation and Distribution of Profits, Losses, Income and Deductions. One hundred percent (100%) of the profits, losses, income and deductions of the Company shall be allocated to the Member. The Manager may make distributions to the Member from time to time in its discretion, and shall make a distribution to the Member upon any written request therefor from the Member. Notwithstanding any provision to the contrary contained in this Agreement, the Company, and the Manager on behalf of 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 or Section 18-804 of the Act or any other applicable law or any Loan Document.

Allocation and Distribution of Profits, Losses, Income and Deductions. One hundred percent (100%) of the The profits, losses, income and deductions of the Company shall be allocated to the MemberMembers in proportion to their limited liability company interests in the Company. The Manager may make distributions to the Member Members from time to time in its discretion, and shall make a distribution to the Member Members upon any written request therefor from the Memberall Members. Notwithstanding any provision to the contrary contained in this Agreement, the Company, and the Manager on behalf of the Company, shall not be required to make a distribution to the Member Members on account of its interest their interests in the Company if such distribution would violate Section 18-607 4A-606.1 or Section 18-804 4A-906 of the Act or any other applicable law or any Loan Document.

Allocation and Distribution of Profits, Losses, Income and Deductions. One hundred percent (100%) of the The profits, losses, income and deductions of the Company shall be allocated to the MemberMembers in proportion to their limited liability company interests in the Company. The Manager may make distributions to the Member Members from time to time in its discretion, and shall make a distribution to the Member Members upon any written request therefor from the Memberall Members. Notwithstanding any provision to the contrary contained in this Agreement, the Company, and the Manager on behalf of the Company, shall not be required to make a distribution to the Member Members on account of its interest their interests in the Company if such distribution would violate Section 18-607 or Section 18-804 of the Act or any other applicable law or any Loan Document.