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Common use of Allocation of Profits Clause in Contracts

Allocation of Profits. After giving effect to Sections 5.6, 5.7 and any special allocations required thereunder, Profits of the Company shall be allocated to the Members according to their Percentage of Membership Units.

Appears in 9 contracts

Sources: Operating Agreement (Granite Falls Energy, LLC), Operating Agreement (Granite Falls Energy, LLC), Operating Agreement (Granite Falls Energy, LLC)

Related Clauses

  • Allocation of Profit or Loss
  • Distribution of Profits
  • Allocation of Profits and Losses
  • Allocation of Profit and Loss
  • Allocation of Profits and Losses Distributions

Parent Clauses

  • Allocation of Profits and Losses
  • Tax Allocations
  • Allocations and Distributions
  • Allocations of Profits and Losses
  • Profits and Losses Distributions

Sub-Clauses

  • Distributions of Cash Flow
  • Distribution of Proceeds from Capital Transactions; Liquidation Distributions
  • Allocation of Gains and Losses from Capital Transactions
  • Withholding Taxes and Reporting Obligations
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