Related Clauses

Allocations of Net Profits and Net Losses
Allocation of Net Income and Net Loss
Timing and Amount of Allocations of Net Income and Net Loss
Allocation of Net Profits and Net Losses
Allocations of Profits and Losses
Allocations of Income and Loss
Net Income and Net Loss
Distributions of Net Cash Flow
Allocation of Profits and Losses
Determination of Net Asset Value, Net Income and Distributions

Parent Clauses

Allocations
General Allocations
Profits Interests
General Provisions
Class B Units
No Rights as Stockholders
Capital Contributions Allocations Distributions
Xxxxxxx Xxxxxxxxx
Net Income and Net Loss Distributions
Miscellaneous

Sub-Clauses

Net Income
Net Loss
Additional Allocation Provisions
Required Tax Allocations
General Allocations
Withholding
Timing and Amount of Allocations of Net Income and Net Loss
Qualified Income Offset
Net Income and Net Loss
Unitholders' Tax Reporting

Allocations of Net Income and Net Loss. (a) Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Company shall be determined and allocated with respect to each fiscal year of the Company as of the end of each such year or as circumstances otherwise require or allow. Subject to the other provisions of this Section 4.3, an allocation to a Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Birds Eye Foods, Inc.), Limited Liability Company Agreement (Michael Foods Inc/New), Limited Liability Company Agreement (Mg Waldbaum Co)

Allocations of Net Income and Net Loss. (a) ~~Timing and Amount of Allocations of Net Income and Net Loss~~TIMING AND AMOUNT OF ALLOCATIONS OF NET INCOME AND NET LOSS. Net Income and Net Loss of the Company shall be determined and allocated with respect to each fiscal year of the Company as of the end of each such year or as circumstances otherwise require or allow. Subject to the other provisions of this ~~Section~~ SECTION 4.3, an allocation to a Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Mg Waldbaum Co), Limited Liability Company Agreement (Mg Waldbaum Co)

Allocations of Net Income and Net Loss. ~~(a)~~ Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Company shall be determined and allocated with respect to each fiscal year of the Company as of the end of each such year or as circumstances otherwise require or allow. Subject to the other provisions of this Section 4.3, an allocation to a Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NTK Holdings, Inc.)

Common use of Allocations of Net Income and Net Loss Clause in Contracts