Net Losses from Capital Transactions. Except as otherwise required by Sections 4.6, 4.7, and 4.8, all items of Net Losses from Capital Transactions, if any, for each Accounting Period, shall be allocated one percent (1%) to the Manager and ninety-nine percent (99%) to the Investors in proportion to their respective Ownership Percentages.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy a-1 Fund LLC), Limited Liability Company Agreement (Ridgewood Energy Y Fund LLC), Limited Liability Company Agreement (Ridgewood Energy a-1 Fund LLC)
Net Losses from Capital Transactions. Except as otherwise required by Sections 4.6, 4.7, and 4.8, all items of Net Losses from Capital Transactions, if any, for each Accounting Period, shall be allocated one percent (1%) to the Manager and ninety-nine percent (99%) to the Investors in proportion to their respective Ownership PercentagesPercentage.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy W Fund LLC), Limited Liability Company Agreement (Ridgewood Energy X Fund, LLC), Limited Liability Company Agreement (Ridgewood Energy X Fund, LLC)
