Profits and Losses and Distributions Sample Clauses

Profits and Losses and Distributions. Unless and until any new Members are admitted to the Company, all profits and losses of the Company shall be allocated to the Sole Member and all cash which the Sole Member, in its sole and absolute discretion, determines is available for distribution shall be distributed to the Sole Member. Without in any way limiting the foregoing, for each fiscal year, the Company shall distribute cash to the Sole Member at such times and in such amounts as are necessary to enable the Sole Member to make distributions to Coffeyville Crude Transportation, Inc. pursuant to Section 5.2(b) of the Amended and Restated Limited Liability Company Agreement of the Sole Member.
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Profits and Losses and Distributions. 5 3.1 Allocation of Profits and Losses Among the Partners . . . . . . . . . . . . . . . . . . . . . . . . . 5 3.2 Distributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 3.3
Profits and Losses and Distributions. A. Profits, Losses and Distributive Shares of Tax Items. ----------------------------------------------------
Profits and Losses and Distributions. 6.1 The capital percentage interest of each Member (the "Capital Percentage Interest") shall be as follows: DTHY 31.94% Xxxxxx 8.07% NV 41.93% New Valley Mortgage 8.07% Prefsa 9.99%
Profits and Losses and Distributions 

Related to Profits and Losses and Distributions

  • Profits and Losses For financial accounting and tax purposes, the Company’s net profits or net losses shall be determined on an annual basis in accordance with the manner determined by the Board. In each year, profits and losses shall be allocated entirely to the Member.

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