Issue Adjusted Schedules K-1. Alternatively, with the approval of the General Partners, the Partnership Representative may elect under Section 6226 of the Code to cause the Partnership to issue adjusted Internal Revenue Service Schedules “K-1” (or such other form as applicable) reflecting a Partner’s shares of any IRS Adjustment.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al)
Issue Adjusted Schedules K-1. Alternatively, with the approval of the General PartnersBoard, the Partnership Representative may elect under Section 6226 of the Code to cause the Partnership Company to issue to each Member an adjusted Internal Revenue Service Schedules “K-1” (or such other form as applicable) reflecting a Partnersuch Member’s shares share of any IRS Adjustment.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Coca-Cola Consolidated, Inc.)
Issue Adjusted Schedules K-1. Alternatively, with the approval of the General PartnersBoard, the Partnership Representative may elect under Section 6226 of the Code to cause the Partnership Company to issue adjusted Internal Revenue Service Schedules “K-1” (or such other form as applicable) reflecting a PartnerMember’s shares share of any IRS Adjustment, including, without limitation, in the case of any IRS Adjustment which may result from or otherwise relate to any matter addressed in a Subsidiary Special Allocation.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Coca-Cola Consolidated, Inc.)
