Common use of PROFITS/LOSSES Clause in Contracts

PROFITS/LOSSES. For accounting and tax purposes, the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 2 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, profits Profits and losses will be allocated to the Members in proportion to each Member's economic relative capital interest in the Company as set forth in Exhibit 1 2 as amended and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 2 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses will be determined annuallyon an annual basis. As provided in Section 6.03, below, These profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company member as set forth in Exhibit 1 this agreement below, as amended, and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annuallyon an annual basis. As provided in Section 6.03, below, profits Profits and losses will be allocated to the Members in proportion to each Member's economic relative capital interest in the Company Company, and as set forth in Exhibit 1 and amended in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For accounting and tax purposes, the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, and Section 00-00-000 of the Act, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 and Member in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For Pursuant to Section 1706.08 of the Act, for accounting and tax purposes, the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 and Member in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For accounting and tax purposes, the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, and Section 25-1 of the Act, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 and Member in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.036.3, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 1, as amended, and in accordance with Section 48-3a-404 of the Act and Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses will be determined annuallyon an annual basis. As provided in Section 6.03, below, These profits and losses will be allocated to the Members members in proportion to each Membermember's economic capital interest in the Company as set forth in Exhibit 1 this agreement below, as amended, and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, and Section 25-1 of the Act, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 2 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For accounting and tax purposes, the Company's net profits or net losses of the Company will be determined annually. As Pursuant to Section 10-00-000 of the Supplement, and as provided in Section 6.03, (8)12.3 below, profits and losses will be allocated to the Members in proportion to each Member's economic interest aggregate Distribution Points in the Company as set forth in Exhibit 1 and in accordance with Treasury Regulation 1.704-1.. Table of Contents

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, profits Profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 1, as may be amended from time-to-time, and in accordance with Section 4A-503 of the Act and Treasury Regulation 1.704-1.

PROFITS/LOSSES. For accounting and tax purposes, the Company's net profits or net losses will be determined annually. As Pursuant to Section 00-00-000 of the Supplement, and as provided in Section 6.03, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.036.3, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 2, as amended, and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.036.3, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 1, as amended, and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For accounting and tax purposes, the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, and Section 00-00-000 of the Act, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For Pursuant to Section 503 of the Law, for accounting and tax purposes, the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses will be determined annuallyon an annual basis. As provided in Section 6.03, below, These profits and losses will be allocated to the Members in proportion to each Member's economic capital interest in the Company as set forth in Exhibit 1 2 as amended and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, and Section 14-11- 403 of the Act, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 2 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For accounting and tax purposes, the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, and Section 23-18-5-3 of the Act, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For accounting and tax purposes, the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, and Section 25-1 of the Act, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, and Section 23-18- 5-3 of the Act, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 2 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For Pursuant to Section 503 of the Law, for financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.03, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 2 and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses will be determined annuallyon an annual basis. As provided in Section 6.03, below, These profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company member as set forth in Exhibit 1 this agreement below, as amended, and in accordance with Treasury Regulation 1.704-1, unless and until the Company files a Form 8832 with the Internal Revenue Service electing to be taxed as a corporation.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.036.3, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 2, as amended, and in accordance with Section 48-3a-404 of the Act and Treasury Regulation 1.704-1.

PROFITS/LOSSES. For accounting and tax purposes, the Company's ’s net profits or net losses will be determined annually. As provided in Section 6.03, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 and Member in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, the Company's net profits or net losses will be determined annuallyon an annual basis. As provided in Section 6.03, below, These profits and losses will be allocated to the Members members in proportion to each Membermember's economic capital interest in the Company as set forth in Exhibit 1 2 as amended and in accordance with Treasury Regulation 1.704-1.

PROFITS/LOSSES. For financial accounting and tax purposes, purposes the Company's net profits or net losses will be determined annually. As provided in Section 6.036.2, below, profits and losses will be allocated to the Members in proportion to each Member's economic interest in the Company as set forth in Exhibit 1 2, as amended, and in accordance with Section 4A-503 of the Act and Treasury Regulation 1.704-1.