Common use of Profits Losses and Distributions Clause in Contracts

Profits Losses and Distributions. A. Each Member shall share all profits and losses, pro rata, in proportion to the Member's Interest in the Company. A Member's Interest shall be defined as a Member's pro rata share of ownership in the Company. B. Any distribution of cash or any other property of the company shall be distributed in the following order: (1) payment of taxes; (2) payment of any indebtedness including debts owing to any Member and any other expenses; and (3) to the Members in accordance with each Member's Interest in the Company.

Profits Losses and Distributions. A. Each Member shall share all profits and losses, pro rata, in proportion to the Member's ’s Interest in the Company. A Member's ’s Interest shall be defined as a Member's ’s pro rata share of ownership in the Company. B. Any distribution of cash or any other property of the company shall be distributed in the following order: (1) payment of taxes; (2) payment of any indebtedness including debts owing to any Member and any other expenses; and (3) to the Members in accordance with each Member's ’s Interest in the Company.

Profits Losses and Distributions. A. Each Member shall share all profits and losses, pro rata, in proportion to the Member's Interest in the Company. A "Member's Interest Interest" shall be defined as a Member's pro rata share of ownership interests in the Company. B. Any distribution of cash or any other property of the company shall be distributed in the following order: (1) payment of taxes; (2) payment of any indebtedness including debts owing to any Member and any other expenses; and (3) to the Members in accordance with each Member's Interest in the Company.

Profits Losses and Distributions. A. Each Member shall share all profits and losses, pro rata, in proportion to the Member's Interest in the Company. A Member's Interest shall be defined as a Member's pro rata share of ownership in the Company. B. Any distribution of cash or any other property of the company shall be distributed in the following order: (1) payment of taxes, easements, etc.; (2) payment of any indebtedness including debts owing to any Member and any other expenses; and (3) to the Members in accordance with each Member's Interest in the Company.

Profits Losses and Distributions. A. Each The Member or Members shall share all profits and losses, pro rata, in proportion to the Member's ’s Interest in the Company. A The Member's ’s Interest shall be defined as a the Member's ’s pro rata share of ownership in the Company. B. Any distribution of cash or any other property of the company Company shall be distributed in the following order: (1) payment of taxes, easements, etc.; (2) payment of any indebtedness including debts owing to any the Member and any other expenses; and (3) to the Members Member in accordance with each the Member's ’s Interest in the Company.

Profits Losses and Distributions. A. Each Member shall share all profits and losses, pro rata, in proportion to the Member's Interest in the Company. A Member's Interest shall be defined as a Member's pro rata share of ownership in the Company. B. Any distribution of cash or any other property of the company shall be distributed in the following order: (1) payment of taxes; (2) payment of any indebtedness including debts owing to any Member and any other expenses; and (3) to the Members in accordance with each Member's Interest in the Company.

Profits Losses and Distributions. A. Each Member shall share all profits and losses, pro rata, in proportion to the Member's Interest in the Company. A Member's Interest shall be defined as a Member's pro rata share of ownership in the Company. B. Any distribution of cash or any other property of the company shall be he distributed in the following order: (1) payment of taxes; (2) payment of any indebtedness including debts owing to any Member and any other expenses; and (3) to the Members in accordance with each Member's Interest in the Company.

Profits Losses and Distributions. A. Each Member shall share all profits and losses, pro rata, in proportion to the Member's Interest in the Company. A Member's Interest shall be defined as a Member's pro rata share of ownership in the Company. B. Any distribution of cash or any other property of the company Company shall be distributed in the following order: (1) payment of taxes; (2) payment of any indebtedness including debts owing to any Member and any other expenses; and (3) to the Members in accordance with each Member's Interest in the Company.