Common use of Calculation of Assumed Tax Liability Clause in Contracts

Calculation of Assumed Tax Liability. For purposes of calculating the amount of each Member’s Tax Distributions under ‎Section 3.2(a), a Member’s “Assumed Tax Liability” means an amount equal to the product of:

Appears in 7 contracts

Samples: Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (Verde Clean Fuels, Inc.)

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Calculation of Assumed Tax Liability. For purposes of calculating the amount of each Member’s Tax Distributions under ‎Section Section 3.2(a), a Member’s “Assumed Tax Liability” means an amount equal to the product of:

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Swiftmerge Acquisition Corp.), Limited Liability Company Agreement (GEN Restaurant Group, Inc.), Letter Agreement (ESGEN Acquisition Corp)

Calculation of Assumed Tax Liability. For purposes of calculating the amount of each Member’s Tax Distributions under ‎Section 3.2(a), a Designated Member’s “Assumed Tax Liability” means an amount equal to the product of:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Rubicon Technologies, Inc.), Agreement and Plan of Merger (Founder SPAC)

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Calculation of Assumed Tax Liability. For purposes of calculating the amount of each Common Member’s Tax Distributions under ‎Section Section 3.2(a), a Common Member’s “Assumed Tax Liability” means an amount equal to the product of:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Zeo Energy Corp.)

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