Allocation of Nonrecourse Deductions. Nonrecourse Deductionsfor any Fiscal Year shall be allocated to the Members in proportion to their Ownership Percentages.
Appears in 7 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement
Allocation of Nonrecourse Deductions. Nonrecourse Deductionsfor any Deductions for each Fiscal Year shall be allocated to the Members in proportion to accordance with their Ownership respective Participation Percentages.
Appears in 2 contracts
Sources: Limited Liability Company Operating Agreement (Bonn Edward J), Operating Agreement (Response Usa Inc)
Allocation of Nonrecourse Deductions. Nonrecourse Deductionsfor any Deductions for each Fiscal Year shall will be allocated to the Members in proportion to accordance with their Ownership Percentagesrespective Percentages of Membership Interest.
Appears in 1 contract