Allocations of Net Profit and Net Loss. (a) Allocations of Net Profit and Net Loss. Except as provided in -------------------------------------- Section 4.2(b), Net Profit and Net Loss for each Fiscal Year (or portion thereof) shall be allocated between the Partners in proportion to their Percentage Interests.
Appears in 3 contracts
Samples: Contribution and Formation Agreement (Insight Capital Inc), Insight Capital Inc, Insight Communications Co Inc
Allocations of Net Profit and Net Loss. (a) Allocations of Net Profit and Net Loss. Except as provided in -------------------------------------- Section 4.2(b), Net Profit and Net Loss for each Fiscal Year (or portion thereof) shall be allocated between the Partners Members in proportion to their Percentage Interests.
Appears in 2 contracts
Samples: Operating Agreement (Insight Communications Co Inc), Operating Agreement (Insight Communications Co Inc)
