Common use of Allocations of Net Profits and Losses Clause in Contracts

Allocations of Net Profits and Losses. Subject to the provisions of this Article, the Net Profits and losses of the Venture (including any net "book" gains of the Venture resulting from a Capital Event) shall be allocated to the Venturers in the following priority:

Allocations of Net Profits and Losses. Subject to the provisions of this Articlesection, the Net Profits and losses of the Venture (including any net "book" gains of the Venture resulting from a Capital Event) shall be allocated to the Venturers in the following priority:

Allocations of Net Profits and Losses. Subject to the provisions of this Article, the Net Profits and losses of the Venture (including any net "book" gains of the Venture resulting from a Capital Event) shall be allocated to the Venturers Parties in the following priority: