Common use of Allocations Solely for Tax Purposes Clause in Contracts

Allocations Solely for Tax Purposes. Allocations pursuant to this Section 4.7 are solely for purposes of federal, state and local taxes and shall not affect, or in any way be taken into account in computing, any Partner’s Capital Account or share of Profits and Losses or other items or distributions pursuant to any provision of this Agreement.

Appears in 3 contracts

Samples: Subscription and Support Agreement (Blue Eagle Holdings, L.P.), Subscription and Support Agreement (Blue Eagle Holdings, L.P.), Contribution and Support Agreement (Innotrac Corp)

AutoNDA by SimpleDocs

Allocations Solely for Tax Purposes. Allocations pursuant to this Section 4.7 3.05 are solely for purposes of U.S. federal, state and local taxes and shall not affect, or in any way be taken into account in computing, any Partner’s Capital Account or Member's share of Profits and Losses or other items or distributions pursuant to any provision of this Agreement.

Appears in 2 contracts

Samples: Iridium World Communications LTD, Iridium LLC

Allocations Solely for Tax Purposes. Allocations pursuant to this Section 4.7 4.6 are solely for purposes of federal, state and local taxes and shall not affect, or in any way be taken into account in computing, any PartnerMember’s Capital Account or share of Profits and Losses or other items or distributions pursuant to any provision of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Dolan Media CO), Operating Agreement (Dolan Media CO)

Allocations Solely for Tax Purposes. Allocations pursuant to this Section 4.7 are solely for purposes of federal, state and local taxes and shall not affect, or in any way be taken into account in computing, any PartnerMember’s Capital Account or share of Profits and Losses or other items or distributions pursuant to any provision of this Agreement.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Nord Anglia Education, Inc.), Transaction Agreement (Nord Anglia Education, Inc.)

AutoNDA by SimpleDocs

Allocations Solely for Tax Purposes. Allocations pursuant to this Section 4.7 4.8 are solely for purposes of U.S. federal, state and local taxes and shall not affect, or in any way be taken into account in computing, any PartnerMember’s Capital Account or share of Profits profits and Losses losses or other items or distributions pursuant to any provision of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Adeptus Health Inc.), Limited Liability Company Agreement (Adeptus Health Inc.)

Allocations Solely for Tax Purposes. Allocations pursuant to this Section 4.7 4.6 are solely for purposes of federal, state and local taxes and shall not affect, or in any way be taken into account in computing, any Partner’s Member's Capital Account or share of Profits and Losses or other items or distributions pursuant to any provision of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.