Allocations of Profits and Losses/Distributions. All profits and losses of the Company shall be allocated to the Members pro rata in accordance with their percentage interests in the Company, if any. Initially, the Managing Member shall have a 100% limited liability company interest in the Company. All distributions by the Company shall be allocated in the same proportion as profits and losses.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (DF Insurance Agency LLC), Limited Liability Company Agreement (DF Insurance Agency LLC), Operating Agreement (Green Tree SerVertis Acquisition LLC)
Allocations of Profits and Losses/Distributions. All profits and losses of the Company shall be allocated to the Members pro rata in accordance with their percentage interests in the Company, if any. Initially, the The Managing Member shall have a 100% limited liability company interest in the Company. All distributions by the Company shall be allocated in the same proportion as profits and losses.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (DF Insurance Agency LLC), Limited Liability Company Agreement (Green Tree SerVertis Acquisition LLC), Limited Liability Company Agreement (Green Tree SerVertis Acquisition LLC)
Allocations of Profits and Losses/Distributions. All profits and losses of the Company shall be allocated to the Members pro rata in accordance with their percentage interests in the Company, if any. InitiallyAs of the Effective Date, the Managing Member shall have has a 100% limited liability company interest in the Company. All distributions by the Company shall be allocated in the same proportion as profits and losses.
Appears in 1 contract
Samples: Limited Liability Company Agreement (DF Insurance Agency LLC)
Allocations of Profits and Losses/Distributions. All profits and losses of the Company shall be allocated to the Members pro rata in accordance with their percentage interests in the Company, if any. Initially, the Managing Member shall have a 100% limited liability company interest in the Company. All distributions by the Company shall be allocated made in the same proportion as profits and losseslosses are allocated.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Allocations of Profits and Losses/Distributions. All profits and losses of the Company shall be allocated to the Members pro rata in accordance with their percentage interests in the Company, if any. , Initially, the Managing Member shall have a 100% limited liability company interest in the Company. All distributions by the Company shall be allocated in the same proportion as profits and losses.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Green Tree SerVertis Acquisition LLC)
