Allocations of Net Profits and Net Losses from Operations. (a) After giving effect to the special allocations set forth in Section 10.2, the Net Profits of the Company for each Fiscal Year will be allocated in the following order and priority:
Allocations of Net Profits and Net Losses from Operations. All Net Profits, Net Losses and other items of income, gain, loss, deduction and credit of the Company shall be allocated annually to the Members pursuant to each Member's Sharing Percentage.
Allocations of Net Profits and Net Losses from Operations. Except as may be required by Section 704(c) of the Code, and Sections 5.06, 5.07 and 5.08 of this Article V, Net Profits, Net Losses, and other items of income, gain, loss, deduction and credit shall be apportioned among the Members in proportion to their Capital Accounts.
Allocations of Net Profits and Net Losses from Operations. Except as may be required by Section 704(c) of the Code and this Article, net profits, net losses, and other items of income, gain, loss, deduction and credit shall be apportioned in accordance with the attached Exhibit 9.2.
Allocations of Net Profits and Net Losses from Operations. Except as may be required by Section 704 of the Code net profits, net losses, and other items of income, gain, loss, deduction and credit shall be apportioned among the Members in proportion to their Membership Interest.
Allocations of Net Profits and Net Losses from Operations. After giving effect to the special allocations in Sections 6.2 and 6.3, Net Profits and Net Losses shall be allocated among Members ratably in proportion to their respective Membership Interests.
Allocations of Net Profits and Net Losses from Operations. Net profits and net losses shall be allocated among the Members in accordance with the provisions of Article 4 and 5 herein.
Allocations of Net Profits and Net Losses from Operations. After giving effect to the special allocations set forth in paragraph 10.2 herein, Net Profits, Net Losses, and other items of income, gain, loss, deduction and credit shall be apportioned among the Members and Assignees in proportion to their Percentage Interests.
Allocations of Net Profits and Net Losses from Operations. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis in accordance with GAAP and the manner determined by the Managing Member. Net profits and net losses shall be allocated among the Members ratably in proportion to their respective Common Interest Percentages and in compliance with the Act.
Allocations of Net Profits and Net Losses from Operations. Net Profits and Net Losses shall be allocated among the Members ratably in proportion to their respective number of Units. Notwithstanding the foregoing, no item of loss or deduction of the Company shall be allocated to a Member if such allocation would result in a negative balance in such member’s Adjusted Capital Account. Such loss or deduction shall be allocated first among the Members with positive balances in their Capital Accounts in proportion to (and to the extent of) such positive balances and thereafter in accordance with their respective number of Units in the Company as determined under Section 1.704-1(b)(3) of the Treasury Regulations.
