Federal Income Tax Elections. All elections required or permitted to be made by the Company under the Code shall be made by the Members.
Appears in 8 contracts
Samples: Operating Agreement, Operating Agreement (Bluerock Residential Growth REIT, Inc.), Operating Agreement (Bluerock Residential Growth REIT, Inc.)
Federal Income Tax Elections. All elections required or permitted to be made by the Company under the Code shall be made by by, the MembersTax Matters Manager (or Tax Matters Committee, as the case may be) in his or her sole discretion.
Appears in 4 contracts
Samples: Operating Agreement (Sparking Events, Inc.), Operating Agreement (Sparking Events, Inc.), Operating Agreement (Sparking Events, Inc.)
Federal Income Tax Elections. All elections required or permitted to be made by the Company under the Code shall be made by the MembersBoard of Managers with the approval of the members.
Appears in 1 contract