Common use of Consistent Reporting Clause in Contracts

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), Limited Liability Company Agreement (China Rapid Finance LTD)

AutoNDA by SimpleDocs

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

Samples: Limited Liability Company Agreement (Geno LLC)

AutoNDA by SimpleDocs

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)

Time is Money Join Law Insider Premium to draft better contracts faster.