Allocation of Net Income and Net Loss. (a) Except as otherwise provided in Sections 4.2(b) through (h), Net Income and Net Loss shall be allocated to the Members as follows:
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Helix Biomedix Inc)
Allocation of Net Income and Net Loss. (a) Except as otherwise provided in 5.2.1. Subject to Sections 4.2(b) through (h)5.3 and 5.7, Net Income and Net Loss shall be allocated to the Members as follows:
Appears in 2 contracts
Samples: Operating Agreement (Cornerstone Realty Fund LLC), Operating Agreement (Cornerstone Realty Fund LLC)
Allocation of Net Income and Net Loss. (a) Except as otherwise provided After giving effect to the special allocations set forth in Sections 4.2(b) through (h)Section 5.3 and the Regulatory Allocations in Section 5.4, Net Income and Net Loss shall be allocated to the Members as follows:
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Terra Investment Fund LLC)
Allocation of Net Income and Net Loss. (a) Except as otherwise provided in Sections 4.2(b) through (h), Net Income and Net Loss shall be allocated to the Members as follows:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Winter Sports Inc /New), Limited Liability Company Agreement (Winter Sports Inc /New)
