Common use of Profits Clause in Contracts

Profits. After giving effect to the special allocations in Section 3.3 and Section 3.4 hereof, Profits for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held.

Appears in 43 contracts

Samples: Operating Agreement, Operating Agreement (Siouxland Renewable Holdings, LLC), Operating Agreement

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Profits. After giving effect to the special allocations in Section Sections 3.3 and Section 3.4 hereofof this Agreement, Profits for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held.

Appears in 33 contracts

Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement (Highwater Ethanol LLC), Operating Agreement

Profits. After giving effect to the special allocations in Section 3.3 and Section 3.4 hereof, and except as otherwise provided in Section 3.5 hereof, Profits for any Fiscal Year shall be allocated among the Unit Holders ratably in proportion to Units held.

Appears in 9 contracts

Samples: Member Control Agreement (Granite Falls Energy, LLC), Member Control Agreement, Member Control Agreement (Heron Lake BioEnergy, LLC)

Profits. After giving effect to the special allocations in Section 3.3 Sections 3.3, 3.4 and Section 3.4 hereof3.5 of this Agreement, Profits for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held.

Appears in 7 contracts

Samples: Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC)

Profits. After giving effect to the special allocations in Section 3.3 and Section 3.4 hereof, Profits for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held, regardless of class.

Appears in 2 contracts

Samples: Operating Agreement (Cardinal Ethanol LLC), Operating Agreement (Cardinal Ethanol LLC)

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Profits. After giving effect to the special allocations set forth in -------- Section 3.3 7.2 and Section 3.4 7.3 hereof, Profits for any Fiscal Year shall be allocated among to the Unit Holders in proportion to Units heldtheir respective Percentage Interests.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Kent Financial Services Inc)

Profits. After giving effect to the special allocations in Section 3.3 and Section 3.4 hereof, Profits for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held.. BADGER STATE ETHANOL, LLC OPERATING AGREEMENT

Appears in 1 contract

Samples: Operating Agreement (Badger State Ethanol LLC)

Profits. β€Œ After giving effect to the special allocations in Section 3.3 and Section 3.4 hereof, Profits for any Fiscal Year shall be allocated among the Unit Holders in proportion to Units held. In addition, all allocations of Profits to Unit Holders shall be made based upon the number of days each Unit was held by such Unit Holder during the period for which such Profits are being calculated.

Appears in 1 contract

Samples: Operating Agreement

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