Common use of Allocation Periods Clause in Contracts

Allocation Periods. Allocations under paragraph (a) of this Section 8 shall be made for each period (an "Allocation Period") commencing with the day after an Allocation Event (or, in the case of the first Allocation Period, commencing with the date of the filing of the Certificate of Formation with the Secretary of State) and ending on the date of the next succeeding Allocation Event. An "Allocation Event" shall mean any one of the following:

Appears in 1 contract

Sources: Operating Agreement (Mediconsult Com Inc)

Allocation Periods. Allocations under paragraph (a) of this Section 8 9 shall be made for each period (an "Allocation Period") commencing with the day after an Allocation Event (or, in the case of the first Allocation Period, commencing with the date of the filing of the Certificate of Formation with the Secretary of State) and ending on the date of the next succeeding Allocation Event. An "Allocation Event" shall mean any one of the following:

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement (Key Components Finance Corp)