Common use of Effect of Allocations Clause in Contracts

Effect of Allocations. Allocations pursuant to this Section 8.01(c) 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 Member’s Capital Account or share of Profit, Loss, other items or distributions pursuant to any provision of this Agreement.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (PF2 SpinCo, Inc.), Limited Liability Company Agreement (Change Healthcare Inc.), Limited Liability Company Agreement (Change Healthcare Inc.)

AutoNDA by SimpleDocs

Effect of Allocations. Allocations pursuant to this Section 8.01(c8.01(d) 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 Member’s Capital Account or share of Profit, Loss, other Net Profit or Net Loss (or items or distributions thereof) pursuant to any provision of this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Baker Hughes Inc)

AutoNDA by SimpleDocs

Effect of Allocations. Allocations pursuant to this Section 8.01(c6.6(c) 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 Member’s Capital Account or share of Profit, Loss, other items or distributions pursuant to any provision of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (At&t Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!