Effect of Transfers During Year. The Company will prorate items attributable to a Membership Interest that is the subject of a Transfer during a Taxable Year between the transferor and the Transferee based on the portion of the Taxable Year that elapsed prior to the Transfer.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Energius Management LLC)
Effect of Transfers During Year. The Company will prorate items attributable to a Membership Interest any Common Unit that is the subject of a Transfer transfer during a Taxable Year between the transferor and the Transferee transferee based on the portion of the Taxable Year that elapsed prior to the Transfertransfer.
Appears in 2 contracts
Samples: Operating Agreement (Huntsman Polymers Corp), Operating Agreement (Huntsman Polymers Corp)
Effect of Transfers During Year. The Company will prorate items attributable to a Membership Interest that is the subject of a Transfer during a Taxable Year between the transferor and the Transferee based on the portion wherein a transfer of the Taxable Year that elapsed prior to the TransferMembership has occurred.
Appears in 1 contract
Samples: Operating Agreement
Effect of Transfers During Year. The Company will prorate items attributable to a Membership Interest that is the subject of a Transfer during a Taxable Year between the transferor Transferor and the Transferee based on the portion of the Taxable Year that elapsed prior to the Transfer.
Appears in 1 contract
