Common use of Remaining Profit or Loss Clause in Contracts

Remaining Profit or Loss. After giving effect to the special allocations set forth in Sections 4.1(a) and 4.3, for any taxable year of the Company, Profit or Loss shall be allocated to the Interest Holders in proportion to their Units.

Appears in 5 contracts

Samples: Operating Agreement (Miller Lloyd I Iii), Operating Agreement (Miller Lloyd I Iii), Operating Agreement (Miller Lloyd I Iii)

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