Allocation of Taxable Income and Tax Losses. Except as provided in Sections 9.2 and 9.3, each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such item is allocated for book purposes under Article VIII.
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Samples: Limited Liability Company Agreement (Par Petroleum Corp/Co), Limited Liability Company Agreement (Delta Petroleum Corp/Co)
Allocation of Taxable Income and Tax Losses. Except as provided in Sections 9.2 and 9.3this Article IX, each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such item is allocated for book purposes under Article VIIISections 8.1 and 8.2.
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Samples: Limited Liability Company Agreement (Par Pacific Holdings, Inc.), Limited Liability Company Agreement (Par Pacific Holdings, Inc.)
Allocation of Taxable Income and Tax Losses. Except as provided in Sections 9.2 Section 8.2 and 9.3, each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such item is allocated for book purposes under Article VIII7.
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Samples: Limited Liability Company Agreement
Allocation of Taxable Income and Tax Losses. Except as provided in Sections 9.2 0 and 9.38.3, or as required by Law, each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such item is allocated for book purposes under Article VIIIVII.
Appears in 1 contract
