Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) or other items pursuant to any provision of this Agreement.
Appears in 12 contracts
Samples: Limited Liability Company Agreement (Real Good Food Company, Inc.), Limited Liability Company Agreement (Real Good Food Company, Inc.), Limited Liability Company Agreement (Real Good Food Company, Inc.)
Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of U.S. federal, state and local Taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) or other items pursuant to any provision of this Agreement.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Bitcoin Depot Inc.), Limited Liability Company Agreement (GSR II Meteora Acquisition Corp.), Limited Liability Company Agreement (Vivid Seats Inc.)
Effect of Allocations. Allocations pursuant to this Section 4.5 4.5(b) are solely for purposes of federal, state and local Taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Profits and Losses, Distributions (other than Tax Distributions) or other Company items pursuant to any provision of this Agreement.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (loanDepot, Inc.), Limited Liability Company Agreement (loanDepot, Inc.), Limited Liability Company Agreement (loanDepot, Inc.)
Effect of Allocations. Allocations pursuant to this Section 4.5 4.3(b) are solely for purposes of federal, state and local Taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Profits and Losses, Distributions (other than Tax Distributions) or other Company items pursuant to any provision of this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Clearwater Analytics Holdings, Inc.), Limited Liability Company Agreement (Clearwater Analytics Holdings, Inc.)
Effect of Allocations. Allocations pursuant to this Section 4.5 5.01(h) are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any UnitholderPartner’s Capital Account Account, share of distributions or share of ProfitsNet Profit, LossesNet Loss, Distributions (other than Tax Distributions) or other items of income, gain, deduction and loss pursuant to any provision of this Agreement.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Uniti Group Inc.), Limited Partnership Agreement (Uniti Group Inc.)
Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) or other Company items pursuant to any provision of this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Losses, Distributions (other than Tax DistributionsDistributions pursuant to Section 4.1(a)) or other Company items pursuant to any provision of this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Chicago Pacific Founders UGP, LLC)
Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s 's Capital Account or share of Profits, Losses, Distributions (other than Tax DistributionsDistributions pursuant to Section 4.1(a)) or other Company items pursuant to any provision of this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ChromaDex Corp.)
Effect of Allocations. Allocations pursuant to this Section 4.5 4.4 are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any UnitholderMember’s Capital Account or share of ProfitsNet Income, Net Losses, or Distributions (other than Tax Distributions) or other Company items pursuant to any provision of this Agreement.
Appears in 1 contract
Effect of Allocations. Allocations pursuant to this Section 4.5 5.6 are solely for purposes of federalU.S. federal and applicable state, state local and local non-U.S. Taxes and shall not affect, or in any way be taken into account in computing, any UnitholderMember’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) or other items pursuant to any provision of this Agreement.
Appears in 1 contract
Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Losses, Distributions (other than Tax DistributionsDistributions pursuant to Section 4.1(a)) or other Holdings LLC items pursuant to any provision of this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pathology Solutions, LLC)
Effect of Allocations. Allocations pursuant to this Section 4.5 5.5 are solely for purposes purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account account in computing, any UnitholderMember’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) distributions or other Company items pursuant pursuant to any provision of this Agreement.Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CQENS Technologies Inc.)