Allocation of Nonrecourse Deductions. Each Nonrecourse Deduction of the Company shall be specially allocated to the Members in a manner determined in good faith by the Managing Member taking into account the relative economic interests of the Members of the Company.
Appears in 8 contracts
Samples: Operating Agreement (Cannae Holdings, Inc.), Limited Liability Company Agreement (J. Alexander's Holdings, Inc.), Limited Liability Company Agreement (J. Alexander's Holdings, Inc.)
Allocation of Nonrecourse Deductions. Each Nonrecourse Deduction of the Company shall be specially allocated to the Members in a manner determined in good faith by the Managing Member Board taking into account the relative economic interests of the Members of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Cannae Holdings, Inc.), Limited Liability Company Agreement (Black Knight, Inc.), Limited Liability Company Agreement (Black Knight, Inc.)
Allocation of Nonrecourse Deductions. Each Nonrecourse Deduction of the Company shall be specially allocated to the Members in a manner determined in good faith by the Managing Member Board of Managers taking into account the relative economic interests of the Members of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Trxade Group, Inc.), Contribution Agreement (Trxade Group, Inc.)
Allocation of Nonrecourse Deductions. Each Nonrecourse Deduction of the Company shall be specially allocated to the Members in a manner determined in good faith by the Managing Member Board taking into account the relative economic interests of the Members of the CompanyCompany in the manner required by Treasury Regulation Section 1.704-2(i).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Falcon's Beyond Global, Inc.), Limited Liability Company Agreement (Falcon's Beyond Global, Inc.)
Allocation of Nonrecourse Deductions. Each Nonrecourse Deduction of the Company shall be specially allocated to the Members in a manner determined in good faith by the Managing Member Board of Managers taking into account the relative economic interests of the Members of the CompanyMembers.
Appears in 1 contract
