Common use of Member Allocations Clause in Contracts

Member Allocations. Except as provided in this Agreement, all Net Profit (and items thereof) and all Net Loss (and items thereof) remaining after the allocation set forth in Section 7.4(a) has been made to the Special Member shall be allocated to the Members (other than the Special Member) in proportion to their Capital Investments.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC), Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC), Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC)

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Member Allocations. Except as provided in this Agreement, all Net Profit (and items thereof) and all Net Loss (and items thereof) remaining after the allocation set forth in Section 7.4(a) has been made to the Special Member shall be allocated to among the Members (other than in accordance with this Section 8.6. Net Profit shall be allocated among the Special Member) in proportion to their Capital Investments.Members as follows:

Appears in 1 contract

Samples: Operating Agreement (Excelsior Buyout Investors LLC)

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Member Allocations. Except as provided in this Agreement, all Net Profit (and items thereof) and all Net Loss (and items thereof) remaining after the allocation set forth in Section 7.4(a) has been made to the Special Member shall be allocated to the Members (other than the Special Member) in proportion to their Capital Investments.”

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC)

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