Common use of Change in Regulations Clause in Contracts

Change in Regulations. If the Treasury Regulations incorporating the Regulatory Allocations are hereafter changed or if new Treasury Regulations are hereafter adopted, and such changed or new Regulations, in the opinion of independent tax counsel for the Company, make it necessary to revise the Regulatory Allocations or provide further special allocation rules in order to avoid a significant risk that a material portion of any allocation set forth in this Article VIII would not be respected for federal income tax purposes, the Members shall make such reasonable amendments to this Amended Agreement as, in the opinion of such counsel, are necessary or desirable, taking into account the interests of the Members as a whole and all other relevant factors, to avoid or reduce significantly such risk to the extent possible without materially changing the amounts allocable and distributable to any Member pursuant to these Regulations.

Change in Regulations. If the Treasury Regulations incorporating the Regulatory Allocations are hereafter changed or if new Treasury Regulations are hereafter adopted, and such changed or new Treasury Regulations, in the opinion of independent tax counsel for the CompanyPartnership, make it necessary to revise the Regulatory Allocations or provide further special allocation rules in order to avoid a significant risk that a material portion of any allocation set forth in this Article VIII VI would not be respected for federal income tax purposes, the Members Partners shall make such reasonable amendments to this Amended Agreement as, in the opinion of such counsel, are necessary or desirable, taking into account the interests of the Members Partners as a whole and all other relevant factors, to avoid or reduce significantly such risk to the extent possible without materially changing the amounts allocable and distributable to any Member Partner pursuant to these Regulationsthis Agreement.

Change in Regulations. If the Treasury Regulations incorporating the Tax Regulatory Allocations are hereafter changed or if new Treasury Regulations are hereafter adopted, and such changed change or new Regulationsregulations, in the opinion of independent recognized tax counsel for the Company, make it necessary to revise the Tax Regulatory Allocations or provide further special allocation rules in order to avoid a significant risk that a material portion of any allocation set forth in this Article VIII ARTICLE 8 would not be respected for federal U.S. Federal income tax purposes, the Members this Agreement shall make be amended in such reasonable amendments to this Amended Agreement a manner as, in the opinion of such counsel, are is necessary or desirable, taking into account the economic interests of the Members as a whole and all other relevant factors, to avoid or reduce significantly such risk to the extent possible without materially changing the amounts allocable and that otherwise would be distributable to any Member pursuant to these Regulationsthis Agreement.

Change in Regulations. If the Treasury Regulations incorporating the Tax Regulatory Allocations are hereafter changed or if new Treasury Regulations are hereafter adopted, and such changed change or new Regulationsregulations, in the opinion of independent recognized tax counsel for the Company, make it necessary to revise the Tax Regulatory Allocations or provide further special allocation rules in order to avoid a significant risk that a material portion of any allocation set forth in this Article VIII ARTICLE 6 would not be respected for U.S. federal income tax purposes, the Members this Agreement shall make be amended in such reasonable amendments to this Amended Agreement a manner as, in the opinion of such counsel, are is necessary or desirable, taking into account the economic interests of the Members as a whole and all other relevant factors, to avoid or reduce significantly such risk to the extent possible without materially changing the amounts allocable and that otherwise would be distributable to any Member pursuant to these Regulationsthis Agreement.