Income Taxes and Tax Capital Accounts. (a) The Company shall be treated as a partnership for U.S. federal income tax purposes.
Appears in 10 contracts
Samples: Limited Liability Company Agreement (New Mountain Finance Corp), Limited Liability Company Agreement (Business Development Corp of America), Liability Company Agreement (Horizon Technology Finance Corp)
Income Taxes and Tax Capital Accounts. (a) The Company shall be treated as a partnership for U.S. federal income tax purposes. No Member shall take any action inconsistent with the Company being treated as a partnership for U.S. federal income tax purposes.
Appears in 1 contract
Samples: Limited Liability Company Agreement (WhiteHorse Finance, Inc.)
