Common use of Allocation of Credits Clause in Contracts

Allocation of Credits. All tax credits shall be allocated among the Members in accordance with their respective allocations of Profits and Losses in accordance with this Agreement or in accordance with applicable provisions of the Code or Treasury Regulations to the extent any such provision is inconsistent with such allocation.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (SNR Wireless LicenseCo, LLC), Limited Liability Company Agreement (SNR Wireless LicenseCo, LLC), Limited Liability Company Agreement (DISH Network CORP)

AutoNDA by SimpleDocs

Allocation of Credits. All tax credits shall be allocated among the Members in accordance with their respective allocations of Profits and Losses in accordance with this Agreement Interests or in accordance with applicable provisions of the Code or Treasury Regulations to the extent any such provision is inconsistent with such allocation.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Dobson Communications Corp), Limited Liability Company Agreement (Dutchess County Cellular Telephone Co Inc), Operating Agreement (Cincinnati Bell Inc)

AutoNDA by SimpleDocs

Allocation of Credits. All tax credits shall be allocated among the Members in accordance with their respective allocations of Profits and Losses in accordance with this Agreement Percentage Interests or in accordance with applicable provisions of the Code or Treasury Regulations to the extent any such provision is inconsistent with such allocation.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (At&t Wireless Services Inc), Limited Liability Company Agreement (At&t Wireless Services Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!