Common use of Net Loss Allocations Clause in Contracts

Net Loss Allocations. After giving effect to the special allocations set forth in Sections 4.3 and 4.4, Net Loss for any fiscal year shall be allocated as follows: (1) First, among the Members in proportion to and to the extent of Net Income allocated to the Members under Section 4.2.1(d) until the aggregate Net Loss allocated pursuant to this Section 4.2.2 (a) for such fiscal year and all previous fiscal years equals the aggregate Net Income allocated to the Members pursuant to Section 4.2.1(d) for all previous fiscal years; provided that Net Loss shall not be allocated to any Member to the extent such allocation would cause such Member to have an Adjusted Capital Account Deficit at the end of a fiscal year; (2) Second, among the Members in proportion to and to the extent of Net Income allocated to the Members under Section 4.2.1(c) until the aggregate Net Loss allocated pursuant to this Section 4.2.2

Net Loss Allocations. After giving effect to the special allocations set forth in Sections 4.3 and 4.4, Net Loss for any fiscal year shall be allocated as follows: (1) First, among the Members in proportion to and to the extent of Net Income allocated to the Members under Section 4.2.1(d4.1.1(d) until the aggregate Net Loss allocated pursuant to this Section 4.2.24.1.2 (a) for such fiscal year and all previous fiscal years equals the aggregate Net Income allocated to the Members pursuant to Section 4.2.1(d4.1.1(d) for all previous fiscal years; provided that Net Loss shall not be allocated to any Member to the extent such allocation would cause such Member to have an Adjusted Capital Account Deficit at the end of a fiscal year; (2) Second, among the Members in proportion to and to the extent of Net Income allocated to the Members under Section 4.2.1(c4.1.1(c) until the aggregate Net Loss allocated pursuant to this Section 4.2.24.1.2

Net Loss Allocations. After giving effect to the special allocations set forth in Sections 4.3 4.2 and 4.44.3, Net Loss for any fiscal year shall be allocated as follows: (1a) First, among the Members in proportion to and to the extent of Net Income allocated to the Members under Section 4.2.1(d4.1.1(b) until the aggregate Net Loss allocated pursuant to this Section 4.2.24.1.2 (a) for such fiscal year and all previous fiscal years equals the aggregate Net Income allocated to the Members pursuant to Section 4.2.1(d4.1.1(b) for all previous fiscal years; provided that Net Loss shall not be allocated to any Member to the extent such allocation would cause such Member to have an Adjusted Capital Account Deficit at the end of a fiscal year; (2b) Second, among the Members in proportion to and 50% to the extent of Net Income allocated Member Units and 50% to the Members under Section 4.2.1(c) until the aggregate Net Loss allocated pursuant to this Section 4.2.2Manager.

Net Loss Allocations. After giving effect to the special allocations set forth in Sections 4.3 4.2 and 4.44.3, Net Loss for any fiscal year shall be allocated as follows: (1) First, among the Members in proportion to and to the extent of Net Income allocated to the Members under Section 4.2.1(d4.1.1(b) until the aggregate Net Loss allocated pursuant to this Section 4.2.24.1.2 (a) for such fiscal year and all previous fiscal years equals the aggregate Net Income allocated to the Members pursuant to Section 4.2.1(d4.1.1(b) for all previous fiscal years; provided that Net Loss shall not be allocated to any Member to the extent such allocation would cause such Member to have an Adjusted Capital Account Deficit at the end of a fiscal year; (2) SecondThereafter, among the Members in proportion 1% to Hurstbourne and 99% to the extent of Net Income allocated to the Members under Section 4.2.1(c) until the aggregate Net Loss allocated pursuant to this Section 4.2.2Investors.

Net Loss Allocations. After giving effect to the special allocations set forth in Sections 4.3 6.2(a)(ii) and 4.4(iii), Net Loss for any fiscal year shall be allocated as follows: (1i) First, among the Members in proportion to and to the extent of Net Income allocated to the Members under Section 4.2.1(d6.1(a)(ii) until the aggregate Net Loss allocated pursuant to this Section 4.2.26.1(b) (ai) for such fiscal year and all previous fiscal years equals the aggregate Net Income allocated to the Members pursuant to Section 4.2.1(d6.1(a)(ii) for all previous fiscal years; provided that Net Loss taxable loss shall not be allocated to any Member to the extent such allocation would cause such any Member to have an Adjusted Capital Account Deficit at the end of a fiscal year;; and (2ii) Second, among the Members in proportion to and to the extent of Net Income allocated to the Members under Section 4.2.1(c) until the aggregate Net Loss allocated pursuant to this Section 4.2.2their Units.