Allocation of Net Profits and Net Losses. Except as otherwise provided in this Article IV, Net Profits and Net Losses in each fiscal year of the LLC shall be allocated among the Members as follows:
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (Euroweb International Corp), Limited Liability Company Operating Agreement (Euroweb International Corp), Limited Liability Company Operating Agreement (Emvelco Corp.)
Allocation of Net Profits and Net Losses. Except as otherwise provided in this Article IVV, Net Profits and Net Losses in each fiscal year of the LLC shall be allocated among the Members as follows:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Imx Pharmaceuticals Inc)