Common use of Allocations of Income and Loss Clause in Contracts

Allocations of Income and Loss. The Company's net taxable income and loss shall be allocated among the Members as set forth in Schedule 4 hereto.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (New Valley Corp), Limited Liability Company Agreement (New Valley Corp), Limited Liability Company Agreement (New Valley Corp)

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Allocations of Income and Loss. The Company's net taxable income and loss shall be allocated among the Members as set forth in Schedule 4 annexed hereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (New Valley Corp)

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