Common use of Profits and Losses Clause in Contracts

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.

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 BoardMember. In each year, profits and losses shall be allocated entirely to the Member.

Profits and Losses. For financial accounting and tax purposes, the Company’s 's net profits or net losses shall be determined on an annual basis in accordance with the manner in which profit or loss is determined by the Boardfor Federal income tax purposes. In each year, profits and losses shall be allocated entirely to the Member.

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

Profits and Losses. For financial accounting and tax purposes, the Company’s '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.

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

Profits and Losses. For financial accounting and tax purposes, the Company’s 's net profits or net losses shall be determined on an annual basis in accordance with the manner in which profit or loss is determined by the Boardfor federal income tax purposes. In each year, profits and losses shall be allocated entirely to the Member.

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

Profits and Losses. For financial accounting and tax purposes, the Company’s '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.

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

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 BoardMember. In each year, profits and losses shall be allocated entirely to the Member.

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

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 BoardControl Group. In each year, profits and losses shall be allocated entirely to the MemberMembers in proportion to the number of Common Units owned by such Members.

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 in which profit or loss is determined by the Boardfor Federal income tax purposes. In each year, profits and losses shall be allocated entirely to the Member.

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

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

Profits and Losses. For financial accounting and any relevant 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.

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

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 MemberMembers.

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 BoardBoard of Managers. In each year, profits and losses shall be allocated entirely to the Member.

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 in which profit or loss is determined by the Boardfor federal income tax purposes. In each year, profits and losses shall be allocated entirely to the Member.

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

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 Membera Majority of Members.

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

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 a manner determined by the Board. In each year, profits and losses shall be allocated entirely to the Member.

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. Notwithstanding the foregoing, allocation of net profits and net losses shall comply with the provisions of section 704 of the Internal Revenue Code of 1986, as amended (the “Code”), and the treasury regulations promulgated thereunder.

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

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