Common use of Allocation of Net Income, Net Loss or Capital Gains Clause in Contracts

Allocation of Net Income, Net Loss or Capital Gains. The net income, net loss, or capital gains of the Company for each fiscal year of the Company shall be allocated 100% to the Member.

Appears in 42 contracts

Samples: Operating Agreement (Gregg Appliances Inc), Operating Agreement (Insurance Auto Auctions Tennessee LLC), Operating Agreement (Insurance Auto Auctions Tennessee LLC)

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