Common use of Federal Income Tax Elections Clause in Contracts

Federal Income Tax Elections. The Company may make any and all elections for Federal income tax purposes, including, but not limited to, the following: (a) to the extent permitted by applicable law and regulations, an election to use an accelerated depreciation method with respect to any depreciable asset of the Company; and (b) in case of a transfer of all or part of the Interest of any Member, an election to adjust the tax basis of the assets of the Company pursuant to Code Sections 734, 743, and 754.

Federal Income Tax Elections. The Company may make any and all elections for Federal federal income tax purposes, including, but not limited to, the following: (a) to To the extent permitted by applicable law and regulations, an election elect to use an accelerated depreciation method with respect to on any depreciable asset unit of the assets of the Company; and (b) in In case of a transfer of all or part of the Company Interest of any Member, an election by death or otherwise, the Company may elect, pursuant to Section 734, 743, and 754 of the Code (or corresponding provisions of future law) to adjust the tax basis of the assets of the Company. The Company pursuant to Code Sections 734, 743, and 754shall make such an election on the request of any Member.

Federal Income Tax Elections. The Company Voting Members, on behalf of the ---------------------------- Company, may make any and all elections for Federal federal income tax purposes, including, but not limited to, the following: (a) to To the extent permitted by applicable law and regulations, an election elect to use an accelerated depreciation method with respect to on any depreciable asset unit of the assets of the Company; and (b) in In case of a transfer of all or part of the Interest a Unit of any Member, an election the Company may elect, pursuant to Sections 734, 743 and 754 of the Code, to adjust the tax basis of the assets of the Company pursuant to Code Sections 734, 743, and 754Company.

Federal Income Tax Elections. The Company may make any and make, but is not required to make, all elections for Federal federal income tax purposes, including, but not limited to, the following: (ai) to To the extent permitted by applicable law and regulations, an election elect to use an accelerated depreciation method with respect to on any depreciable asset unit of the assets of the Company; and (bii) in In case of a transfer Transfer of all or part of the Interest interest of any Member, an election the Company may elect, pursuant to Sections 734, 743, and 754 of the Code to adjust the tax basis of the assets of the Company pursuant to Code Sections 734, 743, and 754Company.

Federal Income Tax Elections. The Company Voting Members, on behalf of the Company, may make any and all elections for Federal federal income tax purposes, including, but not limited to, the following: (a) to To the extent permitted by applicable law and regulations, an election elect to use an accelerated depreciation method with respect to on any depreciable asset unit of the assets of the Company; and (b) in In case of a transfer of all or part of the Interest a Unit of any Member, an election the Company may elect, pursuant to Sections 734, 743 and 754 of the Code, to adjust the tax basis of the assets of the Company pursuant to Code Sections 734, 743, and 754Company.

Federal Income Tax Elections. The Company may make any and all elections for Federal income tax purposes, including, but not limited to, the following: (a) to To the extent permitted by applicable law and regulations, an election to use an accelerated depreciation method with respect to any depreciable asset of the Company; and (b) in In case of a transfer of all or part of the Interest of any Member, an election to adjust the tax basis of the assets of the Company pursuant to Code Sections 734, 743, and 754.

Federal Income Tax Elections. The Company may make any and all elections for Federal federal income tax purposes, including, but not limited to, the following: (a) to the extent permitted by applicable law and regulations, an election to use an accelerated depreciation method with respect to any depreciable asset of the Company; and (b) in the case of a transfer of all or part of the Interest of any Member, an election to adjust the tax basis of the assets of the Company pursuant to Code Sections 734, 743, 743 and 754.. ARTICLE 7

Federal Income Tax Elections. The Company Voting Members, on behalf of the ----------------------------- Company, may make any and all elections for Federal federal income tax purposes, including, but not limited to, the following: (a) to To the extent permitted by applicable law and regulations, an election elect to use an accelerated depreciation method with respect to on any depreciable asset unit of the assets of the Company; and (b) in In case of a transfer of all or part of the Interest a Unit of any Member, an election the Company may elect, pursuant to Sections 734, 743 and 754 of the Code, to adjust the tax basis of the assets of the Company pursuant to Code Sections 734, 743, and 754Company.

Federal Income Tax Elections. The Company may make any and all elections for Federal income tax purposes, including, but not limited to, the following: (a) to To the extent permitted by applicable law and regulations, an election to use an accelerated depreciation method with respect to any depreciable asset of the Company; and (b) in In case of a transfer of all or part of the Interest interest of any Memberan member, an election to adjust the tax basis of the assets of the Company pursuant to Code Sections Section 734, 743, and 754. (c) Election of non-profit status under 501(c)(3) of the Code.