Common use of Intent to Comply with Treasury Regulations Clause in Contracts

Intent to Comply with Treasury Regulations. The provisions of Section 3.5 and this Section 3.6 and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Regulations Section 1.704-1(b), and shall be interpreted and applied in a manner consistent therewith. To the extent such provisions are inconsistent with such Regulations Section or are incomplete with respect thereto, the Capital Accounts shall be maintained in such manner as is required to comply with such Regulations Section.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement (Euroweb International Corp), Limited Liability Company Operating Agreement (Euroweb International Corp), Limited Liability Company Operating Agreement (Emvelco Corp.)

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Intent to Comply with Treasury Regulations. The foregoing provisions of Section Sections 3.5 and this Section 3.6 and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Regulations Section 1.704-1(b), and shall be interpreted and applied in a manner consistent therewithwith such Regulations section. To the extent such provisions are inconsistent with such Regulations Section section or are incomplete with respect thereto, the Capital Accounts shall be maintained in such manner as is required to comply accordance with such Regulations Sectionsection.

Appears in 2 contracts

Samples: General Partnership Agreement (Accredo Health Inc), General Partnership Agreement (Accredo Health Inc)

Intent to Comply with Treasury Regulations. The foregoing ------------------------------------------ provisions of Section 3.5 Sections 3.6 and this Section 3.6 3.7 and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Regulations Section 1.704-1(b), and shall be interpreted and applied in a manner consistent therewithwith such Regulations Section. To the extent such provisions are inconsistent with such Regulations Section or are incomplete with respect thereto, the Capital Accounts shall be maintained in such manner as is required to comply accordance with such Regulations Section.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Demattos Carlos D)

Intent to Comply with Treasury Regulations. The provisions of Section 3.5 4.5 and this Section 3.6 4.6 and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Regulations Section 1.704-1(b), and shall be interpreted and applied in a manner consistent therewith. To the extent such provisions are inconsistent with such Regulations Section or are incomplete with respect thereto, the Capital Accounts shall be maintained in such manner as is required to comply with such Regulations Section.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Imx Pharmaceuticals Inc)

Intent to Comply with Treasury Regulations. The provisions of This Section 3.5 and this Section 3.6 6.06 and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Regulations Section Treasury Regulation section 1.704-1(b), and shall be interpreted and applied in a manner consistent therewithwith such regulation. To the extent such provisions are inconsistent with such Regulations Section regulation or are incomplete with respect thereto, the Capital Accounts of the Partners shall be maintained in such manner as is required to comply accordance with such Regulations Sectionregulation.

Appears in 1 contract

Samples: PDG Environmental Inc

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Intent to Comply with Treasury Regulations. The foregoing ------------------------------------------ provisions of Section 3.5 and this Section 3.6 Article 3 and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Regulations Section 1.704-1(b), and shall be interpreted and applied in a manner consistent therewithwith such Section of the Regulations. To the extent such provisions are inconsistent with such Section of the Regulations Section or are incomplete with respect thereto, the Capital Accounts shall be maintained in such manner as is required to comply accordance with such Regulations SectionSection of the Regulations.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Image Entertainment Inc)

Intent to Comply with Treasury Regulations. The foregoing provisions of Section 3.5 Sections 3.6 and this Section 3.6 3.7 and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Regulations Section 1.704-1(b1 (b), and shall be interpreted and applied in a manner consistent therewithwith such Regulations Section. To the extent such provisions are inconsistent with such Regulations Section or are incomplete with respect thereto, the Capital Accounts shall be maintained in such manner as is required to comply accordance with such Regulations Section.

Appears in 1 contract

Samples: Company Operating Agreement (Kennedy Wilson Inc)

Intent to Comply with Treasury Regulations. The foregoing provisions of Section 3.5 and this Section Sections 3.6 and the other provisions of this Agreement relating to the maintenance of Capital Accounts Accounts, are intended to comply with Regulations Section 1.704-1(b), and shall be interpreted and applied in a manner consistent therewithwith such Regulations Section. To the extent such provisions are inconsistent with such Regulations Section or are incomplete with respect thereto, the Capital Accounts shall be maintained in such manner as is required to comply accordance with such Regulations Section.. ARTICLE 4

Appears in 1 contract

Samples: Company Agreement (Citi TeeVee LLC)

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