Allocation of Net Losses. Subject to the provisions of Sections 6.4 and 6.5, Net Losses for any Fiscal Year or other period shall be allocated to the Members according to their Percentage Interests.
Appears in 4 contracts
Samples: Operating Agreement (Patriot Scientific Corp), Commercialization Agreement (Patriot Scientific Corp), Operating Agreement (Patriot Scientific Corp)
Allocation of Net Losses. Subject to the provisions of Sections 6.4 and 6.54.4 through 4.8, Net Losses for any Fiscal Year fiscal year or other period portion thereof shall be allocated to among the Members according to in accordance with their Percentage InterestsProportionate Shares.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Sunrise Assisted Living Inc)