General Tax Allocations. As of the end of each Fiscal Year, Net Taxable Income and Net Tax Losses shall be allocated among the Members according to their respective Allocable Shares.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Piedmont Natural Gas Co Inc), Limited Liability Company Agreement (Agl Resources Inc)
General Tax Allocations. As of the end of each Fiscal Year, Net Taxable Income and Net Tax Taxable Losses shall be allocated among the Members according to their respective Allocable SharesShare.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Agl Resources Inc), Limited Liability Company Agreement (Piedmont Natural Gas Co Inc)
