Common use of Allocation of Net Profit and Net Loss Clause in Contracts

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.)

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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.)

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