Income Tax Elections. The Tax Matters Member will make an election under Section 754 of the Code, if requested in writing by another Member. Except as otherwise provided herein, all determinations as to tax elections and accounting principles shall be made solely by the Tax Matters Member; provided, that any determination that would benefit the Tax Matters Member to the detriment of another Member shall require the consent of the other Member.
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Samples: Limited Liability Company Agreement (Athenex, Inc.), Limited Liability Company Agreement (Axiall Corp/De/), Limited Liability Company Agreement (Scio Diamond Technology Corp)
Income Tax Elections. The Tax Matters Member Person will make an election under Section 754 of the Code, if requested in writing by another Member. Except as otherwise provided herein, all determinations as to tax elections and accounting principles shall be made solely by the Tax Matters MemberPerson; provided, that any determination that would benefit the Tax Matters Member Person to the detriment of another Member shall require the consent of the other Member.
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