Allocations of Net Losses. After giving effect to the special allocations set forth in Sections 6.3 and 6.5 herein, Net Losses for any Allocation Period shall be allocated to the Members as follows:
6.2.1 For any Allocation Period ending prior to the Class B Common Change Date:
(a) to each of the Common Members (including the Class A Common Members) other than the Class B Common Members, in an amount equal to (i) the amount of Net Losses, multiplied by (ii) such Common Member's Percentage Interest; and
(b) in addition to the amount allocated to the Class A Common Members pursuant to Section 6.2.1(a), to the Class A Common Members, to be allocated among them in proportion to their Percentage Interests, in an amount equal to (i) the amount of Net Losses, multiplied by (ii) the Class B Common Members' aggregate Percentage Interests.
6.2.2 For any Allocation Period ending after the Class B Common Change Date, to each of the Common Members in accordance with such Common Member's Percentage Interest.
Allocations of Net Losses. After giving effect to the special allocations set forth in Sections 6.3 and 6.5 herein (and any allocations required by Section 3.6.6 herein), Net Losses for any Allocation Period shall be allocated to the Members as follows:
6.2.1 For any Allocation Period ending prior to the Class B Common Change Date:
(a) to each of the Common Members (including the Class A Common Members) other than the Class B Common Members, in an amount equal to (i) the amount of Net Losses, multiplied by (ii) such Common Member’s Percentage Interest; and
(b) in addition to the amount allocated to the Class A Common Members pursuant to Section 6.2.1(a), to the Class A Common Members, to be allocated among them in proportion to their Percentage Interests, in an amount equal to (i) the amount of Net Losses, multiplied by (ii) the Class B Common Members’ aggregate Percentage Interests.
6.2.2 For any Allocation Period ending after the Class B Common Change Date, to each of the Common Members in accordance with such Common Member’s Percentage Interest.
6.2.3 Notwithstanding Sections 6.2.1 and 6.2.2, an allocation of Net Losses under Section 6.2.1 or 6.2.2 hereof shall not be made to the extent it would create or increase an Adjusted Capital Account Deficit for a Member or Members at the end of any Allocation Period. Any Net Losses not allocated because of the preceding sentence shall be allocated to the other Member or Members in proportion to such Member’s or Members’ respective Percentage Interests; provided, however, that to the extent such allocation would create or increase an Adjusted Capital Account Deficit for another Member or Members at the end of any Allocation Period, such allocation shall be made to the remaining Member or Members in proportion to the respective Percentage Interests of such Member or Members.
Allocations of Net Losses. Notwithstanding anything to the contrary in Section 6.1(b), a Class D Unit shall not receive any allocation of Net Loss pursuant to Section 6.1(b).
Allocations of Net Losses. After giving effect to the special ------------------------- allocations set forth in Sections 3.3 and 3.4 hereof, Net Losses shall be allocated to the Members as follows:
Allocations of Net Losses. After giving effect to the special allocations set forth in Sections 6.3 and 6.4 herein, Net Losses for any Fiscal Year shall be allocated to the Members as follows:
6.2.1 Chargeback to the Extent of Net Profits. First, except as provided in Section 6.2.3, Net Losses shall be allocated to each Member to the extent of the aggregate amount of Net Profits previously allocated to such Member pursuant to Section 6.1.2, with respect to which Net Losses have not been previously allocated pursuant to this subsection.
Allocations of Net Losses. Except as may be required by § 704(c) of the Code, and Section 5.3 of this Article 5, Net Losses and other items of deduction and loss shall be allocated among the Members as follows:
(a) First, among all Members with positive Capital Accounts until the amount of the Capital Accounts shall equal the amount of their Capital Contributions provided in Section 5.1 (reduced by any amounts distributed in accordance with that section),
(b) Second, in the ratio of Capital Accounts, so as to decrease the Capital Account of all Members until they equal zero;58
(c) Thereafter, in accordance with the Members’ Percentage Interests in the Company.
Allocations of Net Losses. After giving effect to the special allocations set forth in Section 6.3, all Net Losses for any Fiscal Year (or other period) shall be allocated to the Unitholders in proportion to their respective Percentage Interests.
Allocations of Net Losses. Except as provided in Section 3.3(a), Section 4.6 and Section 4.7 below (which shall be applied first), Net Losses of the Company for any relevant period shall be allocated the Members to cause, to the extent possible, their respective Modified Capital Account balances to equal their respective Target Balances.
Allocations of Net Losses. Except as provided in Sections 4.5, 4.6 and 4.7 below (which shall be applied first), Net Losses of the Company for any relevant period shall be allocated as follows:
(a) First, to each Member with a positive Modified Capital Account balance, in the amount of such positive balance; provided, however, that if the amount of Net Losses to be allocated is less than the sum of the Modified Capital Account balances of all Members having positive Modified Capital Account balances, then the Net Losses shall be allocated to the Members in such proportions and in such amounts as would result in the Modified Capital Account balance of each Member equaling, as nearly as possible, such Member's share of the then Company Capital determined as set forth in Section 4.2(b) above; and
(b) The balance, if any, to the Members in accordance with their respective Proportionate Shares.
Allocations of Net Losses. Net Losses of the Company shall be allocated among the Members as follows:
(a) First, in proportion to their positive Capital Accounts and
(b) Second, to each Member in accordance with such Member’s Membership Interest; provided that any Company deduction attributable to the acquisition by a Member of such Member’s Membership Interest will be allocated entirely to such Member.
