Common use of Allocations of Tax Items Clause in Contracts

Allocations of Tax Items. (a) Items of income, deduction, gain and loss that are recognized by the Company for federal income tax purposes shall be allocated among the Members consistent with the allocations of such items under Sections 6.1 and 6.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Imperial Capital Group, Inc.), Limited Liability Company Agreement (Imperial Capital Group, Inc.)

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Allocations of Tax Items. (a) Items of income, deduction, gain and loss that are recognized by the Company Partnership for federal income tax purposes shall be allocated among the Members Partners consistent with the allocations of such items under Sections 6.1 4.1 and 64.

Appears in 1 contract

Samples: Limited Partnership Agreement (Imperial Capital Group, Inc.)

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