Consistent Reporting. The Members are aware of the income tax consequences of the allocations made by this Section 7 and hereby agree to be bound by the provisions of this Section 7 in reporting their distributive shares of LLC income and loss for income tax purposes.
Appears in 8 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (OM Asset Management PLC), Series C Preferred Share Purchase Agreement (China Rapid Finance LTD)
Consistent Reporting. The Members are aware of the income tax consequences of the allocations made by this Section 7 and hereby agree to be bound by the provisions of this Section 7 in reporting their distributive shares of LLC income and loss for income tax purposes.by
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Learningexpress Com Holdings Inc)
Consistent Reporting. The Members are aware of the income tax consequences of the allocations made by this Section 7 and hereby agree to be bound by the provisions of this Section 7 in reporting their distributive shares share of LLC Company income and loss for income tax purposes.
Appears in 1 contract