Common use of Allocation of Profits and Losses Clause in Contracts

Allocation of Profits and Losses. The profits and losses of the Company shall be allocated entirely to the Member or, if additional member(s) are admitted, the member(s) in proportion to their respective capital accounts.

Appears in 29 contracts

Sources: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

Allocation of Profits and Losses. The profits and losses of the Company shall be allocated entirely to the Member or, if additional member(s) are admitted, the member(s) in proportion to their respective capital accountsPercentage Interests.

Appears in 15 contracts

Sources: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

Allocation of Profits and Losses. The Company’s profits and losses of the Company shall be allocated entirely to the Member orMember. In the event that there is more than one (1) Member, if additional member(s) are admitted, profits and losses shall be allocated to the member(s) Members in proportion to their respective the capital accountscontributions of the Members.

Appears in 6 contracts

Sources: Limited Liability Company Agreement (Benefit Holding, Inc.), Limited Liability Company Agreement (Global Engine Manufacturing Alliance LLC), Limited Liability Company Agreement (Global Engine Manufacturing Alliance LLC)

Allocation of Profits and Losses. The profits and losses of the Company shall be allocated entirely to the Member or, if additional member(s) members are admitted, the member(s) members in proportion to their respective capital accounts.

Appears in 6 contracts

Sources: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

Allocation of Profits and Losses. The Company’s profits and losses shall be allocated in proportion to the capital contribution(s) of the Sole Member and any additional members of the Company shall be allocated entirely to the Member or, if additional member(s) are admitted, the member(s) appointed in proportion to their respective capital accountsaccordance with Section 20 below (“Additional Members”).

Appears in 1 contract

Sources: Limited Liability Company Agreement (Listerhill Total Maintenance Center LLC)

Allocation of Profits and Losses. The profits and losses of the Company shall be allocated entirely to the Member or, if additional member(s) members are admitted, the member(s) members in proportion to their respective capital accounts.. --------------------------------

Appears in 1 contract

Sources: Limited Liability Company Agreement (Cinergy Corp)