Change in Member's Interest. (1) If during any fiscal year of the Company there is a change in any Member's Membership Interest, then for purposes of complying with IRC Section 706(d), the determination of Company items allocable to any period shall be made by using any method permissible under IRC Section 706(d) and the Regulations thereunder as may be determined by the Managers.
Appears in 5 contracts
Samples: Operating Agreement (Crown Castle International Corp), Operating Agreement (Crown Castle International Corp), Operating Agreement (Crown Castle International Corp)
Change in Member's Interest. (1i) If during any fiscal year Fiscal Year of the Company there is a change in any Member's Membership Interest, then for purposes of complying with IRC Section 706(d), the determination of Company items allocable to any period shall be made by using any method permissible under IRC Section 706(d) and the Regulations thereunder as may be determined by closing of the Managersbooks method.
Appears in 4 contracts
Samples: Operating Agreement (Cotelligent Inc), Contribution Agreement (E Sync Networks Inc), Operating Agreement (E Sync Networks Inc)
Change in Member's Interest. (1) If during any fiscal year of the Company there is a change in any Member's ’s Membership Interest, then for purposes of complying with IRC Section 706(d), the determination of Company items allocable to any period shall be made by using any method permissible under IRC Section 706(d) and the Regulations thereunder as may be determined by the Managers.
Appears in 1 contract
Samples: Operating Agreement (Crown Castle International Corp)
Change in Member's Interest. (1i) If during any fiscal year Fiscal Year of the Company there is a change in any Member's ’s Membership Interest, then then, for purposes of complying with IRC Section 706(d), the determination of Company items allocable to any period shall be made by using any method permissible under IRC Section 706(d) and the Regulations thereunder as may be determined by closing of the Managersbooks method.
Appears in 1 contract
