Allocation of Profits and Losses Distributions. 6.1. Allocation of Net Income or Net Loss The Net Income or Net Loss, other items of income, gains, losses, deductions and credits, and the taxable income, gains, losses, deductions and credits of the LLC, if any, for each Fiscal Year (or portion thereof) shall be allocated to the Members as provided in the Tax Allocations Addendum.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Directv Group Inc), Limited Liability Company Agreement (Ct Communications Inc /Nc), Limited Liability Company Agreement (Skyterra Communications Inc)