Allocations upon Disposition of Interest. Profits or Losses attributable to any Interest which has been Disposed of shall be allocated (i) to the transferor for the days prior to and including the date of the Disposition; and (ii) to the transferee for the days subsequent to the date of the Disposition.
Appears in 2 contracts
Samples: Operating Agreement (Energy Conversion Devices Inc), Operating Agreement (Chevrontexaco Corp)
Allocations upon Disposition of Interest. Profits or Losses attributable to any Interest which has been Disposed disposed of shall be allocated (i) to the transferor for the days prior to and including the date of the Dispositiondisposition; and (ii) to the transferee for the days subsequent to the date of the Dispositiondisposition.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Energy Conversion Devices Inc), Limited Liability Company Agreement (Energy Conversion Devices Inc)
Allocations upon Disposition of Interest. Profits or Losses ---------------------------------------- attributable to any Interest which has been Disposed of shall be allocated (i) to the transferor for the days prior to and including the date of the Disposition; and (ii) to the transferee for the days subsequent to the date of the Disposition.
Appears in 1 contract
Samples: Operating Agreement (Energy Conversion Devices Inc)
