CODE SECTION 754 ELECTION. The Manager shall, upon the written request of any Member, cause the Company to file an election under Section 754 of the Code and the Treasury Regulations promulgated thereunder to adjust the basis of the Company's assets under Section 734(b) or 743(b) of the Code and a corresponding election under the applicable sections of state and local law.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (DISH Network CORP), Limited Liability Company Agreement (DISH Network CORP), Limited Liability Company Agreement (At&t Wireless Services Inc)
CODE SECTION 754 ELECTION. The Manager shall, upon the written request of any Member, cause the Company to file an election under Section 754 of the Code and the Treasury Regulations promulgated thereunder to adjust the basis of the Company's ’s assets under Section 734(b) or 743(b) of the Code and a corresponding election under the applicable sections of state and local law.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (DISH Network CORP), Limited Liability Company Agreement (DISH Network CORP), Limited Liability Company Agreement (DISH Network CORP)
CODE SECTION 754 ELECTION. The Manager shall, upon the written request of any Member, cause the Company to file an election under Section Code section 754 of the Code and the Treasury Regulations promulgated thereunder to adjust the basis of the Company's assets under Section Code section 734(b) or 743(b) of the Code and a corresponding election under the applicable sections of state and local law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Clearwire Corp)
