Membership Interest. The rights of a Member or, in the case of an Assignee, the rights of the assigning Member in Distributions (liquidating or otherwise) and allocations of the profits, losses, gains, deductions, and credits of the Company.
Appears in 13 contracts
Samples: Operating Agreement, Operating Agreement (PHC Hospitals, LLC), Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC)
Membership Interest. The rights of a Member or, in the case of an Assignee, the rights of the assigning Member in Distributions (liquidating or otherwise) and allocations of the profits, losses, gains, deductions, and credits of the Company.
Appears in 1 contract
Membership Interest. The rights of a Member or, in the case of an Assignee, the rights of the assigning Member Member, in Distributions (liquidating or otherwise) and allocations of the profits, losses, gains, deductions, Net Profits and credits of the CompanyNet Losses.
Appears in 1 contract
Samples: Operating Agreement (Sentex Sensing Technology Inc)