Allocation of Net Profits and Net Losses. Except as otherwise required by law, all Company net profits and net losses available for allocation shall be allocated to the Sole Member.
Appears in 30 contracts
Samples: Operating Agreement (Sabra Phoenix TRS Venture, LLC), Limited Liability Company Agreement (Sabra Phoenix TRS Venture, LLC), Limited Liability Company Agreement (Sabra Phoenix TRS Venture, LLC)
Allocation of Net Profits and Net Losses. Except as otherwise required by law, all The Net Profits and Net Losses of the Company net profits and net losses available for allocation shall be allocated exclusively to the Sole Member.
Appears in 5 contracts
Samples: Operating Agreement, Operating Agreement (FD Spinco II, Inc.), Operating Agreement (FD Spinco II, Inc.)
Allocation of Net Profits and Net Losses. Except as otherwise required by lawAll of the Company’s net profits, all Company net profits gains and net losses available for allocation shall be allocated to the Sole Member.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (WestRock Co), Limited Liability Company Agreement (NewPage Energy Services LLC)
Allocation of Net Profits and Net Losses. Except as otherwise required by law, all The Net Profits and Net Losses of the Company net profits and net losses available for allocation shall be allocated exclusively to the Sole sole Member.
Appears in 1 contract
