Common use of Allocation of Net Losses Clause in Contracts

Allocation of Net Losses. Subject to Section 7.4, the Net Loss of the Company shall be allocated among the Members ratably in accordance with their Percentage Interests.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (New England Power Co), Liability Company Agreement (New England Electric System)

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Allocation of Net Losses. (a) Subject to Section 7.47.2(b) below, the Net Loss Losses of the Company and the Nonrecourse Deductions shall be allocated among to the Members ratably prorata in accordance with their respective Percentage Interests.

Appears in 1 contract

Samples: Operating Agreement (New Gaming Capital Partnership)

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Allocation of Net Losses. Subject to Section 7.46.3, Net Losses of the Net Loss Company for any Fiscal Year of the Company shall be allocated among to the Members ratably in accordance with their Percentage Interests.as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Trump Entertainment Resorts Holdings Lp)

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