Allocation of Profit and Loss. After giving effect to special allocations, if any, the Company's Profit or Loss for a Taxable Year, including the Taxable Year in which the Company is dissolved, will be allocated among the Members in proportion to their Capital Account Balances during the applicable tax reporting period.
Appears in 8 contracts
Samples: Operating Agreement (Efund City Metro Income Fund LLC), Limited Liability Company Operating Agreement (LK Secured Lending Reg a Fund, LLC), Limited Liability Company Operating Agreement (LK Secured Lending Reg a Fund, LLC)
Allocation of Profit and Loss. After giving effect to special allocations, if any, the Company's ’s Profit or Loss for a Taxable Year, including the Taxable Year in which the Company is dissolved, will be allocated among the Members in proportion to their Capital Account Balances Membership Interests (as a percentage of all outstanding Membership Interests) during the applicable tax reporting period.
Appears in 6 contracts
Samples: Limited Liability Company Operating Agreement (PFG Fund V, LLC), Limited Liability Company Operating Agreement (PFG Fund V, LLC), Limited Liability Company Operating Agreement (PFG Fund V, LLC)
Allocation of Profit and Loss. After giving effect to special allocations, if any, the Company's LLC’s Profit or Loss for a Taxable Year, including the Taxable Year in which the Company LLC is dissolved, will be allocated among the Members in proportion to their Capital Account Balances Units (as a percentage of all outstanding Units) during the applicable tax reporting period.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (Cf Fund Ii, LLC), Operating Agreement (Cf Fund Ii, LLC), Operating Agreement (Cf Fund Ii, LLC)
Allocation of Profit and Loss. After giving effect to special allocations, if any, the Company's ’s Profit or Loss for a Taxable Year, including the Taxable Year in which the Company is dissolved, will be allocated among the Members in proportion to their Capital Account Balances during the applicable tax reporting period.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Circle of Wealth Fund III LLC), Limited Liability Company Operating Agreement (Circle of Wealth Fund III LLC)
Allocation of Profit and Loss. After giving effect to special allocations, if any, the Company's LLC’s Profit or Loss for a Taxable Year, including the Taxable Year in which the Company LLC is dissolved, will be allocated among the Members in proportion to their Capital Account Balances during the applicable tax reporting period.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
