ALLOCATIONS OF PROFITS AND LOSSES AND ALLOCATIONS OF DISTRIBUTIONS. Only the Member shall be entitled to allocations of Company profits and losses, to allocations of distributions of Company profits and other Company assets and to distributions of Company profits and other assets. No other person shall have any right to any such allocations or distributions.
Appears in 8 contracts
Samples: Operating Agreement (Roanoke Electric Steel Corp), Operating Agreement (Jackson Iron & Metal Co., Inc.), Operating Agreement (Roanoke Electric Steel Corp)