Allocation of Net Profits. After application of Sections 4.03 and 4.04, Net Profits for each Fiscal Year shall be allocated among the Members in the following order and priority:
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Paladin Realty Income Properties Inc), Limited Liability Company Agreement (Paladin Realty Income Properties Inc)
Allocation of Net Profits. After application of Sections 4.03 giving effect to the special and 4.04curative allocations set forth in Section 4.3, Section 4.4 and Section 4.5, Net Profits Profit for each Fiscal Year or part thereof shall be allocated among to the Members in the following manner and order and of priority:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (American Retirement Corp), Limited Liability Company Agreement (American Retirement Corp)
Allocation of Net Profits. After application of Sections 4.03 giving effect to the special and 4.04curative allocations set forth in Section 4.3 and Section 4.4, Net Profits Profit for each Fiscal Year or part thereof shall be allocated among to the Members in the following manner and order and of priority:
Appears in 1 contract
Samples: Limited Liability Company Agreement (American Retirement Corp)
