Disregarded Entity Status. Each Initial Asset Trust is and has been at all time from its organization an entity taxable either as a grantor trust or as a disregarded entity for Federal income tax purposes and Xxxxxx has made an election, where it is required, to treat each Initial Asset Trust at all times from its organization as an entity taxable as a disregarded entity for Federal, state and local income tax purposes.
Disregarded Entity Status. It is intended that, for federal tax purposes, the Company be treated as a disregarded entity. None of the Company, the Member, any Manager, any Officer, or the Board shall take any action inconsistent with such treatment. [Remainder of this page intentionally left blank.]
Disregarded Entity Status. The OP will be disregarded as an entity separate from the REIT for federal income tax purposes.
Disregarded Entity Status. The Managing Member intends that the Company shall be treated as a disregarded entity for U.S. federal and, where applicable, state, and local income tax purposes to the extent such treatment is available.
Disregarded Entity Status. The Seller shall cause the Purchaser to be treated as and maintain its status as a disregarded entity of a United States person for U.S. federal income tax purposes and shall ensure that neither the Purchaser nor any other Person on its behalf shall make an election for the Purchaser to be treated as an entity other than a disregarded entity of a United States person for U.S. federal income tax purposes.
Disregarded Entity Status. Each of West Acquisition and Facility Acquisition is and has been at all time from its organization an entity treated either as a pass through entity or disregarded entity for Federal, state and local income tax purposes and the owner of each of them has made an election, where required, to treat each such entity at all times from its organization as an entity taxable as a disregarded entity or a pass-through entity for Federal, state and local income tax purposes. Each Engine Trust is and has been at all time from its organization an entity taxable either as a grantor trust or as a disregarded entity for Federal income tax purposes and the relevant Seller has made an election, where it is required, to treat each Engine Trust at all times from its organization as an entity taxable as a disregarded entity for Federal, state and local income tax purposes.
Disregarded Entity Status. At any time that the Partnership has only one partner for U.S. federal income tax purposes, the Partnership shall be treated as disregarded as an entity separate from its owner, rather than a partnership, for U.S. federal income tax purposes. During any such time, the Partnership shall allocate all Tax Items to its sole owner, and shall allocate all Net Income and Net Loss to its sole owner (except to the extent that more than one Person owns an interest in the Partnership, in which case the Partnership shall allocate Net Income and Net Loss between such Persons in a manner consistent with the Partnership Agreement). Furthermore, during any such time, all provisions of the Partnership Agreement that are inconsistent with the U.S. federal income tax status of the Partnership as a disregarded entity shall be without effect.
Disregarded Entity Status. None of Borrower, Mortgage Borrower or any member thereof shall take any action (including but not limited to making any election) which would cause Borrower or Mortgage Borrower to fail to be treated, for federal income tax purposes, as a disregarded entity within the meaning of Treasury Regulations §301.7701-2.
Disregarded Entity Status. Co-Borrower has filed Form 8832 with the Internal Revenue Service electing disregarded entity status for federal tax purposes. For federal tax purposes, Co-Borrower is disregarded as an entity separate and apart from Borrower. Borrower's federal taxpayer identification number is also the federal taxpayer identification number used by Co-Borrower.
Disregarded Entity Status. Each of ADK Merger Sub and ADK Blocker Merger Sub shall be treated as an entity disregarded from Parent for U.S. federal income tax purposes. No party shall make an election to treat ADK Merger Sub or ADK Blocker Merger Sub as a corporation for U.S. federal income tax purposes.
