Allocations of Profits Sample Clauses
Allocations of Profits. Except as may be required by Ohio law or by Section 1.704-1(b)(2)(iv)(f)(4) of the Regulations, all items of income and gain of the Company shall be allocated among the Members in accordance with and in proportion to Actual Unit Ownership.
Allocations of Profits. After giving effect to the special allocations set forth in Section 5.3, Section 5.4 and Section 5.5, Profits for any Allocation Year shall be allocated to the Members in proportion to their Sharing Ratios.
Allocations of Profits. Profits for any Fiscal Year shall be allocated to the Partners:
(a) first, in an amount equal to the aggregate excess of the Losses allocated to each Partner pursuant to Section 7.2(a) hereof over the aggregate amount of Profits allocated to such Partner under this Section 7.1(a) in proportion to such excesses until such excesses equal zero; and
(b) thereafter to the Partners, in proportion to their Percentage Interests which shall be determined based on the daily weighted average Percentage Interest held by each Partner during the applicable Fiscal Year.
Allocations of Profits. Except as otherwise provided in Sections 7(c) and 7(d) hereof, Profits shall be allocated among the Members in the following order and priority:
Allocations of Profits. After giving effect to the special and curative allocations set forth in Sections 13.5 through 13.12 and Section 13.15, any Profits of the Company for each Fiscal Year shall be allocated in the following priority:
(a) first, to Acadia Holdings to the extent of the amount by which (i) the cumulative Priority Amounts for the current Fiscal Year and all previous Fiscal Years exceeds (ii) the cumulative Profits allocated to Acadia Holdings pursuant to this Section 13.1(a) for all previous Fiscal Years; and
(b) second, to the Members Pro Rata.
Allocations of Profits. Except as provided in Section 9.4, all net profits and credits of the Company (for both accounting and tax purposes) for each Fiscal Year shall be allocated to the Members from time to time (but no less often than annually and before making any distribution to the Members) in proportion to their Percentage Interests.
Allocations of Profits. For bookkeeping and income tax purposes, in the event of the sale of all or substantially all of the Partnership Assets or upon dissolution of the Partnership:
(a) Profit shall be allocated first to ECP and FCA (in proportion to their respective Capital Accounts) until such time as each has been allocated Profits under this Paragraph 9.1(a) equal to the amount of interest earned on its Capital Contributions pursuant to Paragraphs 6.8 and 7.2;
(b) Profit shall then be allocated to ECP and FCA (in proportion to their respective Capital Accounts) until such time as each has received the excess, if any, of the Losses allocated previously to such Partner under Article VIII over all Profits allocated under Article VIII or this Paragraph 9.1(b);
(c) Profit shall next be allocated to Halcyon until such time as it has received the excess, if any, of the Losses allocated previously to Halcyon under Article VIII over all Profits allocated under Article VIII or this Paragraph 9.1(c); and
(d) Any remaining Profit or Loss shall be allocated seventy-five percent (75%) to ECP and FCA (in proportion to their respective Capital Accounts) and twenty-five percent (25%) to Halcyon."
Allocations of Profits. AND LOSSES
Allocations of Profits. After giving effect to the special allocations referred to in Section 4.3, Section 4.4 or Section 4.5, Profits for any Fiscal Year shall be allocated to the Members in the following order of priority:
(a) Chargeback to the Extent of Losses. First, Profits shall be allocated to each Member to the extent of, and in the reverse order of, the aggregate amount of Losses previously allocated to such Member from and after the Effective Date pursuant to Section 4.2, with respect to which Profits have not been previously allocated pursuant to this Section 4.1(a).
Allocations of Profits. After giving effect to the Regulatory and Curative Allocations (as those terms are defined in Article VI of this Agreement), Profits shall be allocated as follows: First, if the Member has a deficit balance in his Capital Account, then Profits shall be allocated in proportion to the deficit balances of the Capital Account until the Capital Account of the Member has been increased to zero. Second, Profits shall be allocated so that the Capital Account\s of the Member.