ALLOCATION OF NET PROFITS AND LOSSES. (a) Except as otherwise provided in this Article III, Net Profits and Net Loss of the Joint Venture in each Fiscal Year will be allocated among the JV Partners in accordance with their respective Ordinary JV Interests.
Appears in 4 contracts
Samples: Joint Venture Agreement (Clorox Co /De/), Joint Venture Agreement (Clorox Co /De/), Joint Venture Agreement (Clorox Co /De/)