Common use of Allocations of Losses Clause in Contracts

Allocations of Losses. After giving effect to the special allocations set forth in Section 5.3, Section 5.4 and Section 5.5, and subject to Section 5.6, Losses for any Allocation Year shall be allocated to the Members in proportion to their Sharing Ratios.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Williams Companies Inc), Limited Liability Company Agreement (Energy Transfer Equity, L.P.), Agreement and Plan of Merger

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Allocations of Losses. After giving effect to the special allocations set forth in Section 5.3, 5.3 and Section 5.4 and Section 5.5, and subject to Section 5.65.5, Losses for any Allocation Year shall be allocated to the Members in proportion to their Sharing Ratios.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Energy Transfer Equity, L.P.), Limited Liability Company Agreement (Enterprise GP Holdings L.P.)

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