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: Merger Agreement (Energy Transfer Equity, L.P.), Merger Agreement (Williams Companies Inc), Merger Agreement

AutoNDA by SimpleDocs

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

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!