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Common use of Allocations Distributions Clause in Contracts

Allocations Distributions. All income, gain, loss, deductions and credits of the Company shall be allocated to the Member. The timing and amount of distributions shall be determined by the Member, subject only to the provisions of the Act.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Safeway Stores 42, Inc.)

Related Clauses

  • Residual Distributions
  • Interim Distributions
  • Capital Contributions Capital Account Distributions Allocations
  • Final Distributions
  • Distributions and Allocations

Parent Clauses

  • Events Requiring Winding Up
  • Risk of Forfeiture of Restricted Units Call Right Distributions Restrictive Covenants
  • Capital Contributions Allocations Distributions
  • Pledge of Interest in Overfund Trust
  • Mesquite Subsidiary Financial Statements, Etc

Sub-Clauses

  • Distributions
  • Allocations
  • Withholding
  • Taxation
  • Qualified Income Offset
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