Common use of Allocations of Items Not Otherwise Allocated Clause in Contracts

Allocations of Items Not Otherwise Allocated. Except as otherwise provided in this Agreement, all items of Company income, gain, credit, loss, deduction, and any other allocations not otherwise provided for shall be divided among the Members in the same proportions as they share Profits or Losses, as the case may be, for such fiscal year or other shorter period.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Longview Clinic Operations Company, LLC), Limited Liability Company Agreement (Quorum Health Group Inc), Limited Liability Company Agreement (Quorum Health Group Inc)

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Allocations of Items Not Otherwise Allocated. Except as otherwise provided in this Agreement, all items of Company income, gain, credit, loss, deduction, and any other allocations not otherwise provided for shall be divided among the Members holders of Financial Rights in the same proportions as they share Profits or Losses, as the case may be, for such fiscal year or other shorter period.

Appears in 2 contracts

Samples: Operating Agreement (Dynamic Associates Inc), Operating Agreement (Dynamic Associates Inc)

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