Allocation Procedures. The Company shall make allocations of Profit and Loss and items thereof annually as of the end of the Fiscal Year within ninety (90) days after the end of the year. Items of income and deduction shall be allocated among the Members before Profit or Loss is allocated.
Appears in 4 contracts
Samples: Operating Agreement (JCM Partners LLC), Operating Agreement (JCM Partners LLC), Operating Agreement (JCM Partners LLC)