Common use of Allocation of Net Income or Net Loss Clause in Contracts

Allocation of Net Income or Net Loss. The Net Income or Net Loss, other items of income, gains, losses, deductions and credits, and the taxable income, gains, losses, deductions and credits of the LLC, if any, for each Fiscal Year (or portion thereof) shall be allocated to the Members as provided in the Tax Allocations Addendum.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Hughes Communications, Inc.), Limited Liability Company Agreement (Encore Clean Energy Inc)

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Allocation of Net Income or Net Loss. The Net Income or Net Loss, other items of income, gains, losses, deductions and credits, and the taxable income, gains, losses, deductions deductions, and credits of the LLC, if any, for each Fiscal Year (or portion thereof) shall be allocated to the Members as provided in the Tax Allocations Addendum.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Boston Gear LLC)

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Allocation of Net Income or Net Loss. The Net Income or Net Loss, other items of income, gains, losses, deductions and credits, and the taxable income, gains, losses, deductions and credits of the LLC, if any, for each Fiscal Year (or portion thereof) shall be he allocated to the Members as provided in the Tax Allocations Addendum.

Appears in 1 contract

Samples: Limited Liability Company Agreement (HNS-India VSAT, Inc.)

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