Common use of Applicable Tax Law Clause in Contracts

Applicable Tax Law. While the LLC has only one Member, it shall be disregarded as an entity separate from the Member for purposes of applicable tax law, in accordance with United States Treasury Regulation, Section 301.7701-3(b)(1)(ii) and applicable state tax law, and the Member and the LLC shall make such filings and take such other actions as may be appropriate to cause the LLC to be disregarded. At any time that the LLC has more than one Member, the Members shall take actions with regard to tax matters in accordance with Section 9.2 of this Agreement.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (SLA Uno, Inc.), Limited Liability Company Agreement (SLA Uno, Inc.), Limited Liability Company Agreement (SLA Uno, Inc.)

AutoNDA by SimpleDocs

Applicable Tax Law. While the LLC has only one Member, it shall be disregarded as an entity separate from the Member for purposes of applicable tax law, in accordance with United States Treasury Regulation, Section 301.7701-3(b)(1)(ii3(b)( l)(ii) and applicable state tax law, and the Member and the LLC shall make such filings and take such other actions as may be appropriate to cause the LLC .LLC to be he disregarded. At any time that the LLC has more than one Member, the Members shall take actions with regard to tax matters in accordance with Section 9.2 of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (SLA Uno, Inc.)

Applicable Tax Law. While the LLC has only one Member, it shall be disregarded as an entity separate from the Member for purposes of applicable tax law, in accordance with United States Treasury Regulation, Section 301.7701-3(b)(1)(ii) and applicable state tax law, and the Member and the LLC shall make such filings and take such other actions as may be appropriate to cause the LLC to be disregarded. At any time that the LLC 11.1.k has more than one Member, the Members shall take actions with regard to tax matters in accordance with Section 9.2 of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (SLA Uno, Inc.)

Applicable Tax Law. While the LLC has only one Member, it shall be disregarded as an entity separate from the Member for purposes of applicable tax law, in accordance with United States Treasury Regulation, Section 301.7701-3(b)(1)(ii) and applicable state tax law, and the Member and the LLC shall make such filings and take such other actions as may be he appropriate to cause the LLC to be disregarded. At any time that the LLC has more than one Member, the Members shall take actions with regard to tax matters in accordance with Section 9.2 of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (SLA Uno, Inc.)

Applicable Tax Law. While the LLC has only one Member, it shall be disregarded as an entity separate from the Member for purposes of applicable tax law, in accordance with United States Treasury Regulation, Section 301.7701-3(b)(1)(ii) and applicable state tax law, and the Member and the LLC shall make such filings and take such other actions as may be appropriate to cause the LLC to be he disregarded. At any time that the LLC has more than one Member, the Members shall take actions with regard to tax matters in accordance with Section 9.2 of this Agreement.with

Appears in 1 contract

Samples: Limited Liability Company Agreement (SLA Uno, Inc.)

AutoNDA by SimpleDocs

Applicable Tax Law. While the LLC has only one Member, it shall be disregarded as an entity separate from the Member for purposes of applicable tax law, in accordance with United States Treasury Regulation, Section 301.7701-3(b)(1)(ii) and applicable state tax law, and the Member and the LLC shall make such filings and take such other actions as may be appropriate to cause the LLC to be he disregarded. At any time that the LLC has more than one Member, the Members shall take actions with regard to tax matters in accordance with Section 9.2 of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (SLA Uno, Inc.)

Applicable Tax Law. While the LLC has only one Member, it shall be disregarded as an entity separate from the Member for purposes of applicable tax law, in accordance with United States Treasury Regulation, Section 301.7701-3(b)(1)(ii) and applicable state tax law, and the Member and the LLC shall make such filings and take such other actions as may be he appropriate to cause the LLC to be disregarded. At any time that the LLC has more than one Member, the Members shall take actions with regard to tax tax. matters in accordance with Section 9.2 of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (SLA Uno, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!