Ordinary Profits and Losses. All dividends and other items of ordinary income from the TMC Common and all related items of deduction or expense shall be allocated 20% to the Trusts and 80% to the TMC Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Times Mirror Co /New/)
Ordinary Profits and Losses. All dividends and other items of ordinary income from the TMC Common Preferred and all related items of deduction or expense shall be allocated 20% to the Trusts and 80% to the TMC Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Times Mirror Co /New/)
Ordinary Profits and Losses. All dividends and other items of ordinary income from the TMC Common Preferred and all related items of deduction or expense shall be allocated 20% to the Trusts Trusts, 78% to TMC and 802% to the Other TMC Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Times Mirror Co /New/)
Ordinary Profits and Losses. All dividends and other items of ordinary income from the TMC Common and all related items of deduction or expense shall be allocated 20% to the Trusts Trusts, 78% to TMC and 802% to the Other TMC Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Times Mirror Co /New/)