Allocation of Net Losses. After giving effect to any special or other overriding allocations set forth in this Article IV, Net Losses shall be allocated among the Members as follows: (i) first, in proportion and to the extent of the Members’ positive adjusted Capital Accounts; and (ii) thereafter, to the Members in accordance with their respective Percentage Interests.
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Sources: Operating Agreement (Euroweb International Corp), Operating Agreement (Euroweb International Corp), Operating Agreement (Emvelco Corp.)
Allocation of Net Losses. After giving effect to any special or other overriding allocations set forth in this Article IVV, Net Losses shall be allocated among the Members as follows:
(i) first, in proportion and to the extent of the Members’ ' positive adjusted Capital Accounts; and
(ii) thereafter, to the Members in accordance with their respective Percentage Interests.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Imx Pharmaceuticals Inc)
Allocation of Net Losses. After giving effect to any special or other overriding allocations set forth in this Article IV, Net Losses shall be allocated among the Members as follows:
(i) first, in proportion and to the extent of the Members’ ' positive adjusted Capital Accounts; and
(ii) thereafter, to the Members in accordance with their respective Percentage Interests.
Appears in 1 contract