Common use of Allocation of Net Income or Net Loss Clause in Contracts

Allocation of Net Income or Net Loss. For each Accounting Period, Net Income or Net Loss of the Company, upon approval of the Members, shall be allocated to the Members’ capital accounts in proportion to their ownership of Units.

Appears in 4 contracts

Sources: Operating Agreement (Ivt Software Inc), Operating Agreement (Ivt Software Inc), Operating Agreement (Ivt Software Inc)

Allocation of Net Income or Net Loss. For each Accounting Period, Net Income or Net Loss of the Company, upon approval of the Members, LLC shall be allocated to the Members’ capital accounts Members in proportion to their ownership of UnitsShares.

Appears in 1 contract

Sources: Operating Agreement (Bikers Dream Inc)

Allocation of Net Income or Net Loss. For each Accounting PeriodPeriod , Net Income or Net Loss of the Company, upon approval of the Membersor items thereof, shall be allocated to the Members’ capital accounts Members in proportion to their ownership the number of UnitsUnits held by each.

Appears in 1 contract

Sources: Operating Agreement (Combichem Inc)

Allocation of Net Income or Net Loss. For each Accounting PeriodPeriod , Net Income or Net Loss of the Company, upon approval of the Membersor items thereof, shall be allocated to the Members’ capital accounts Members in proportion to their ownership of Unitseach Member's Allocation Percentage.

Appears in 1 contract

Sources: Operating Agreement (Combichem Inc)