Cumulative Net Income. “Cumulative Net Income” shall mean the excess of (i) the Net Income (other than Net Income of the Company allocated pursuant to Section 6.2.1(a)(i) and (ii)) previously allocated to the Members, over (ii) the Net Loss previously allocated to the Members. 1.31
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Winter Sports Inc /New), Limited Liability Company Agreement (Winter Sports Inc /New)
Cumulative Net Income. “Cumulative Net Income” shall mean the excess of (i) the Net Income (other than Net Income of the Company allocated pursuant to Section 6.2.1(a)(i) and (ii)) previously allocated to the Members, over (ii) the Net Loss previously allocated to the Members. 1.311.29
Appears in 1 contract
Samples: Limited Liability Company Agreement (Winter Sports Inc /New)
