Common use of Net Profits Clause in Contracts

Net Profits. Except as otherwise provided herein, Net Profits shall be allocated among the Members in accordance with each Member’s Percentage Interest.

Appears in 3 contracts

Sources: Limited Liability Company Operating Agreement (Radio One, Inc.), Limited Liability Company Operating Agreement (Radio One Distribution Holdings, LLC), Limited Liability Company Operating Agreement (Radio One Distribution Holdings, LLC)

Net Profits. Except as otherwise provided herein, Net Profits shall be allocated among the Members in accordance with each Member’s proportion to their respective Percentage InterestInterests.

Appears in 3 contracts

Sources: Limited Liability Company Operating Agreement (UCP, Inc.), Limited Liability Company Operating Agreement (UCP, Inc.), Limited Liability Company Operating Agreement (UCP, Inc.)

Net Profits. Except as otherwise provided herein, Net Profits shall be allocated among to the Members in accordance with each Member’s Percentage Interest----------- proportion to their respective Ownership Percentages.

Appears in 2 contracts

Sources: Operating Agreement (Onepoint Communications Corp /De), Operating Agreement (Onepoint Communications Corp /De)

Net Profits. Except as otherwise provided herein, Net Profits shall be allocated among to the Members ----------- in accordance with each Member’s Percentage Interestproportion to their respective Ownership Percentages.

Appears in 1 contract

Sources: Operating Agreement (Onepoint Communications Corp /De)

Net Profits. Except as otherwise provided herein, Net Profits shall be allocated among to the Members in accordance with each Member’s Percentage Interestproportion ----------- to their respective Ownership Percentages.

Appears in 1 contract

Sources: Operating Agreement (Onepoint Communications Corp /De)