Allocation of Income, Gains and Losses. The Company shall initially be a disregarded entity for federal tax purposes and all items of income, gain, loss and deduction shall be allocated to its sole member.
Appears in 3 contracts
Samples: Company Agreement (Entergy Arkansas Inc), Company Agreement (Entergy Mississippi Inc), Company Agreement (Entergy Gulf States Louisiana, LLC)
Allocation of Income, Gains and Losses. The Company shall initially be a disregarded entity for federal tax purposes and all items of income, gain, loss and deduction shall be allocated to its sole memberMember.
Appears in 1 contract
Samples: Texas Limited Liability Company (Entergy New Orleans, Inc)
