Net Profits from Operations. Except as otherwise provided in this Section 4.2 and subject to Article 7, 8 and 9 hereof, Net Profits from Operations shall be allocated in the following amounts and in the following priorities:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy v Fund LLC), Limited Liability Company Agreement (Ridgewood Energy S Fund LLC), Limited Liability Company Agreement (Ridgewood Energy T Fund LLC)
Net Profits from Operations. Except as otherwise provided in this Section 4.2 required by Sections 4.6, 4.7, and subject to Article 74.8, 8 and 9 hereof, all items of Net Profits from Operations Operations, if any, for each Accounting Period, shall be allocated in the following amounts and in the following priorities:
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)
Net Profits from Operations. Except as otherwise provided in this Section 4.2 and subject to Article 7, 8 and 9 7 hereof, Net Profits from Operations shall be allocated in the following amounts and in the following priorities:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ridgewood Energy U Fund LLC)
