Formation of LLC. The Parties have formed a Limited Liability Company named Name Of LLC (Hereinafter referred to as the “LLC”) in the State of . State The LLC shall be operated by the terms of this Agreement and the applicable laws of the State of State relating to the formation, taxation and operation of a LLC. The Members agree that the LLC shall be taxed as a partnership. The partnership shall be inoperative if there are any provisions of this agreement that may cause the LLC not to be taxed as a partnership.
Appears in 4 contracts
Samples: Operating Agreement, Limited Liability Company Operating Agreement, Operating Agreement
Formation of LLC. The Parties have formed a Limited Liability Company named Name Of LLC (Hereinafter referred to as the “LLC”) in the State of . State The LLC shall be operated by the terms of this Agreement and the applicable laws of the State of State relating to the formation, taxation taxation, and operation of a an LLC. The Members agree that the LLC shall be taxed as a partnership. The partnership shall be inoperative if there are any provisions of this agreement that may cause the LLC not to be taxed as a partnership.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Formation of LLC. The Parties have Member having formed a Limited Liability Company named Name Of LLC (Hereinafter referred to as the “LLC”) in the State of . State The LLC shall be operated by the terms of this Agreement and the applicable laws of the State of State relating to the formation, taxation and operation of a LLC. The Members agree Member agrees that the LLC shall be taxed as a partnershipsole proprietorship. The partnership sole proprietorship shall be inoperative if there are any provisions of this agreement that may cause the LLC not to be taxed as a partnershipsole proprietorship.
Appears in 2 contracts
Samples: Operating Agreement, Limited Liability Company Operating Agreement
Formation of LLC. The Parties have Member formed a Limited Liability Company named Name Of LLC (Hereinafter referred to as the “LLC”) in the State of . State The LLC shall be operated by the terms of this Agreement and the applicable laws of the State of , State relating to the formation, taxation and operation of a an LLC. The Members agree Member agrees that the LLC shall be taxed as a partnershipsole proprietorship. The partnership sole proprietorship shall be inoperative if there are any provisions of this agreement that may cause the LLC not to be taxed as a partnershipsole proprietorship.
Appears in 1 contract
Formation of LLC. The Parties have formed a Limited Liability Company named Name Of LLC (Hereinafter referred to as the “LLC”) in the State of Colorado. State The LLC shall be operated by the terms of this Agreement and the applicable laws of the State of State relating to the formation, taxation taxation, and operation of a an LLC. The Members agree that the LLC shall be taxed as a partnership. The partnership shall be inoperative if there are any provisions of this agreement that may cause the LLC not to be taxed as a partnership.
Appears in 1 contract