General Application. The rules set forth below in this Article VI shall apply for the purposes of determining each Member’s allocable share of the items of income, gain, loss and expense of the Company comprising Net Income or Net Loss for each Fiscal Year, determining special allocations of other items of income, gain, loss and expense, and adjusting the balance of each Member’s Capital Account to reflect the aforementioned general and special allocations. For each Fiscal Year, the special allocations in Section 6.03 hereof shall be made immediately prior to the general allocations of Section 6.02 hereof.
Appears in 6 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
General Application. The rules set forth below in this Article VI shall apply for the purposes purpose of determining each Member’s allocable share of the items of income, gain, loss and expense of the Company comprising Net Income or Net Loss of the Company for each Fiscal Year, determining special allocations of other items of income, gain, loss and expense, and adjusting the balance of each Member’s Capital Account to reflect the aforementioned general and special allocations. For each Fiscal Year, the special allocations in Section 6.03 hereof 6.3 shall be made immediately prior to the general allocations of Section 6.02 hereof6.2.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (J. Alexander's Holdings, Inc.), Limited Liability Company Agreement (J. Alexander's Holdings, Inc.), Limited Liability Company Agreement (Black Knight Financial Services, Inc.)
General Application. The rules set forth below in this Article VI VII shall apply for the purposes of determining each Member’s 's general allocable share of the items of income, gain, loss and or expense of the Company comprising Net Income or Net Loss of the Company for each Fiscal Year, determining special allocations of other items of income, gain, loss and expense, expense and adjusting the balance of each Member’s 's Capital Account to reflect the aforementioned general and special allocations. For each Fiscal Year, the special allocations in Section 6.03 hereof 7.03 shall be made immediately prior to the general allocations of Section 6.02 hereof7.02.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (NextWave Wireless LLC), Limited Liability Company Agreement (NextWave Wireless LLC)
General Application. The rules set forth below in this Article VI VIII shall apply for the purposes of determining each Member’s general allocable share of the items of income, gain, loss and or expense of the Company comprising Net Income or Net Loss of the Company for each Fiscal Yearfiscal year, determining special allocations of other items of income, gain, loss and expense, and adjusting the balance of each Member’s Capital Account to reflect the aforementioned general and special allocations. For each Fiscal Yearfiscal year, the special allocations in Section 6.03 hereof 8.3 shall be made immediately prior to the general allocations of Section 6.02 hereof8.2.
Appears in 2 contracts
Samples: Subscription Agreement (Blockchain Industries, Inc.), Subscription Agreement (Blockchain Industries, Inc.)
General Application. The rules set forth below in this Article VI VII shall apply for the purposes of determining be applied to determine each Member’s 's allocable share of the items of income, gain, loss and expense deduction of the Company comprising Net Income or Net Loss for each Fiscal Year, determining special allocations of other items of income, gain, loss and expense, and for the purpose of adjusting the balance of each Member’s 's Capital Account to reflect the aforementioned general and special allocationsAccount. For each Fiscal Year, the special allocations in Section 6.03 7.3 hereof shall be made immediately prior to the general allocations of Section 6.02 7.2 hereof.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Leucadia National Corp)
General Application. The rules set forth below in this Article VI VII shall apply for the purposes of determining each Member’s general allocable share of the items of income, gain, loss and or expense of the Company comprising Net Income or Net Loss for each Fiscal Yearfiscal year, determining special allocations of other items of income, gain, loss and expense, and adjusting the balance of each Member’s Capital Account to reflect the aforementioned general and special allocations. For each Fiscal Yearfiscal year, the special allocations in Section 6.03 hereof 7.3 shall be made immediately prior to the general allocations of Section 6.02 hereof7.2.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Solid Biosciences, LLC)
General Application. The rules set forth below in this Article VI VII shall apply for the purposes of determining each Member’s general allocable share of the items of income, gain, loss and or expense of the Company comprising Net Income or Net Loss of the Company for each Fiscal Year, determining special allocations of other items of income, gain, loss and expense, expense and adjusting the balance of each Member’s Capital Account to reflect the aforementioned general and special allocations. For each Fiscal Year, the special allocations in Section 6.03 hereof 7.03 shall be made immediately prior to the general allocations of Section 6.02 hereof7.02.
Appears in 1 contract
Samples: Limited Liability Company Agreement (NextWave Wireless LLC)