Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement (the “Liquidation Period”), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement.
Appears in 39 contracts
Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (Highwater Ethanol LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement hereof (the “Liquidation Period”), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof.
Appears in 33 contracts
Samples: Operating Agreement, Operating Agreement (Siouxland Renewable Holdings, LLC), Operating Agreement
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement 12.2 hereof (the “Liquidation Period”), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof.
Appears in 11 contracts
Samples: Operating Agreement, Operating Agreement (Comstock Mining Inc.), Member Control Agreement (Granite Falls Energy, LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement hereof (the “"Liquidation Period”"), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof.
Appears in 7 contracts
Samples: Operating Agreement (Advanced BioEnergy, LLC), Operating Agreement (Golden Grain Energy), Operating Agreement (United Wisconsin Grain Producers LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 14.2 (the “Liquidation Period”), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement4.
Appears in 6 contracts
Samples: Operating Agreement (Compass Group Diversified Holdings LLC), Operating Agreement (Compass Group Diversified Holdings LLC), Operating Agreement (Compass Diversified Holdings)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Unitholders pursuant to Section 10.2 of this Agreement 7.2 (the “Liquidation Period”), the Unit Holders Unitholders shall continue to share Profits, Losses, gain, loss loss, and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement.3 and Appendix E.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (U. S. Premium Beef, LLC), Limited Liability Company Agreement, Limited Liability Company Agreement (U. S. Premium Beef, LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement 11.3 hereof (the “"Liquidation Period”"), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementV hereof.
Appears in 4 contracts
Samples: Operating Agreement (Minnesota Corn Processors LLC), Operating Agreement (Minnesota Corn Processors LLC), Operating Agreement (Minnesota Corn Processors LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement (the “"Liquidation Period”"), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement.
Appears in 4 contracts
Samples: Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement hereof (the “"Liquidation Period”"), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof and Appendix B hereto.
Appears in 3 contracts
Samples: Operating Agreement (Finova Group Inc), Operating Agreement (Leucadia National Corp), Operating Agreement (Leucadia National Corp)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Company Year during which a Dissolution Event an event of dissolution occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement (the “Liquidation Period”)10.4 hereof, the Unit Holders Members shall continue to share Net Profits, Net Losses, gain, loss loss, and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementARTICLE V and Exhibit C hereof.
Appears in 3 contracts
Samples: Operating Agreement (GreenSky, Inc.), Operating Agreement (GreenSky, Inc.), Operating Agreement (GreenSky, Inc.)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Allocation Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 12.2 (the “Liquidation Period”), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreementhereof but no distributions shall be made to the Members during such Liquidation Period other than in accordance with Section 12.2.
Appears in 3 contracts
Samples: Admission of Substituted Member (Environtech Inc.), Admission of Substituted Member (Environtech Inc.), Admission of Substituted Member (Environtech Inc.)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement (the “Liquidation Period”), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement.Section
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 11.2 (the “"Liquidation Period”"), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Norfolk Southern Corp), Limited Liability Company Agreement (Norfolk Southern Corp)
Allocations During Period of Liquidation. During Except as otherwise provided in Section 9.2, during the period commencing on the first day of the Fiscal Year year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 9.2 (the “Liquidation Period”), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection IV.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (MCI Income Fund VII, LLC), Limited Liability Company Agreement (MCI Income Fund VII, LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 14.2 hereof (the “Liquidation Period”"LIQUIDATION PERIOD"), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement4 hereof.
Appears in 2 contracts
Samples: Operating Agreement (Macquarie Infrastructure CO Trust), Operating Agreement (Macquarie Infrastructure CO Trust)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement hereof (the “"Liquidation Period”"), the Unit Holders Members shall continue to share ------------------ Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof and Appendix B hereto.
Appears in 2 contracts
Samples: Operating Agreement (Finova Group Inc), Operating Agreement (Finova Group Inc)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement (the “Liquidation Period”), the Unit Holders shall continue to share Profits, Profits and Losses, gain, loss and other items of Company income, gain, loss or loss, deduction and credit in the manner provided in Article III of this AgreementSection 3.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 14.2 hereof (the “Liquidation Period”), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement4 hereof.
Appears in 2 contracts
Samples: Operating Agreement (Macquarie Infrastructure CO LLC), Operating Agreement (Macquarie Infrastructure CO LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement (the “Liquidation Period”)14.2, the Unit Holders Members shall continue to share be allocated Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementIV.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (1847 Holdings LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement hereof (the “"Liquidation Period”"), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof. 10.
Appears in 2 contracts
Samples: Operating Agreement (Cardinal Ethanol LLC), Operating Agreement (Cardinal Ethanol LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement 12.2 hereof (the “"Liquidation Period”"), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof.
Appears in 1 contract
Samples: Operating Agreement
Allocations During Period of Liquidation. During the period commencing on the first (1st) day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 12.2 hereof (the “"Liquidation Period”"), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss loss, or deduction in the manner provided in Article III of this Agreementhereof.
Appears in 1 contract
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Allocation Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 12.2 (the “Liquidation Period”), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement.in
Appears in 1 contract
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement (the “Liquidation Period”6.1), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementIII.
Appears in 1 contract
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 14.2 (the “Liquidation Period”), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementIV.
Appears in 1 contract
Samples: Operating Agreement (Atlas Industries Holdings LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Unitholders pursuant to Section 10.2 of this Agreement 7.2 (the “Liquidation Period”), the Unit Holders Unitholders shall continue to share Profits, C-19 Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement.3 and Appendix E.
Appears in 1 contract
Allocations During Period of Liquidation. During Except as otherwise provided in Section 11.2, during the period commencing on the first day of the Fiscal Year year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 11.2 (the “Liquidation Period”), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection IV.
Appears in 1 contract
Samples: Limited Liability Company Agreement (MCI Income Fund V, LLC)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 14.2 hereof (the “"Liquidation Period”"), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 9 hereof.
Appears in 1 contract
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement (the “Liquidation Period”)hereof, the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof.
Appears in 1 contract
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 11.2 (the “Liquidation Period”), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Kansas City Southern)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 13.2 hereof (the “Liquidation Period”"LIQUIDATION PERIOD"), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement4 hereof.
Appears in 1 contract
Samples: Operating Agreement (Macquarie Infrastructure Assets Trust)
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the Company’s assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 12.2 (the “Liquidation Period”), the Unit Holders shall Members will continue to share Profits, Losses, gain, loss loss, and other items of Company income, gain, loss loss, or deduction in the manner provided in Article III of this AgreementIII.
Appears in 1 contract
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 11.2 hereof (the “Liquidation Period”), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof.
Appears in 1 contract
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement 12.2 hereof (the “Liquidation Period”), the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof.
Appears in 1 contract
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event dissolution occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement (the “Liquidation Period”)11.2 hereof, the Unit Holders Members shall continue to share Profits, Losses, gain, loss and other items of Company Company’ income, gain, loss or deduction in the manner provided in Article III of this AgreementVI hereof.
Appears in 1 contract
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement 12.2 hereof (the “Liquidation Period”), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementSection 3 hereof.
Appears in 1 contract
Samples: Operating Agreement
Allocations During Period of Liquidation. During the period commencing on the first day of the Fiscal Company Year during which a Dissolution Event an event of dissolution occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders Members pursuant to Section 10.2 of this Agreement (the “Liquidation Period”)9.4 hereof, the Unit Holders Members shall continue to share Net Profits, Net Losses, gain, loss loss, and other items of Company income, gain, loss or deduction in the manner provided in Article III of this AgreementARTICLE V hereof.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Caliburn International Corp)