Common use of Net Income, Net Losses and Distribution Clause in Contracts

Net Income, Net Losses and Distribution. All Net Income and Net Losses shall be allocated to the Member. Cash and other assets shall be distributed at such times and in such amounts as determined by the Member in its sole discretion.

Appears in 13 contracts

Samples: Operating Agreement (FIS Healthcare Holdings, LLC), Operating Agreement (FIS Healthcare Holdings, LLC), Operating Agreement (FIS Healthcare Holdings, LLC)

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Net Income, Net Losses and Distribution. All Net Income and Net Losses shall be allocated to the Member. Cash and or other assets shall be distributed at such times and in such amounts as determined by the Member in its sole discretion.

Appears in 2 contracts

Samples: Operating Agreement (FIS Healthcare Holdings, LLC), Operating Agreement (Aptitude Solutions, Inc.)

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Net Income, Net Losses and Distribution. All Net Income and Net Losses shall be allocated to the MemberMembers in proportion to their Membership Interests. Cash and other assets shall be distributed at such times and in such amounts as determined by the Member Manager in its sole discretion.

Appears in 1 contract

Samples: Operating Agreement (FIS Healthcare Holdings, LLC)

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