Allocation of Net Profit and Net Loss. (a) If the Company has a Net Profit for the Fiscal Year, such Net Profit shall be allocated among the Members for purposes of maintaining the Members’ capital accounts in the following manner:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Nuveen Investment Solutions, Inc.), Operating Agreement (Nuveen Investment Solutions, Inc.), Limited Liability Agreement (Nuveen Investment Solutions, Inc.)
Allocation of Net Profit and Net Loss. (a) If Subject to Section 3.3(c), for each Fiscal Year, if the Company has a Net Profit for the Fiscal Year, such Net Profit shall be allocated among the Members for purposes of maintaining the Members’ capital accounts in the following manner:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Nuveen Investment Solutions, Inc.)