Common use of Knowledge of Tax Consequences Clause in Contracts

Knowledge of Tax Consequences. The Members are aware of the income tax consequences of the allocations made by this ARTICLE VII and Appendix 1 hereto and hereby agree to be bound by the provisions of this ARTICLE VII and Appendix 1 hereto in reporting their distributive shares of the Company’s taxable income and loss for income tax purposes.

Appears in 5 contracts

Samples: Letter Agreement (Bioceres S.A.), Letter Agreement (Bioceres S.A.), Letter Agreement (Bioceres S.A.)

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Knowledge of Tax Consequences. The Members are aware of the income tax consequences of the allocations made by this ARTICLE VII Article VI and Appendix 1 A hereto and hereby agree to be bound by the provisions of this ARTICLE VII Article VI and Appendix 1 A hereto in reporting their distributive shares of the Company’s taxable income and loss for income tax purposes.

Appears in 2 contracts

Samples: Operating Agreement (World Tree Usa, LLC), Operating Agreement (World Tree Usa, LLC)

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Knowledge of Tax Consequences. The Members are aware of the income tax consequences of the allocations made by this ARTICLE VII Article 7 and Appendix 1 hereto and the economic impact of the allocations on the amounts receivable by them under the Agreement. The Members hereby agree to be bound by the provisions of this ARTICLE VII and Appendix 1 hereto Article 7 in reporting their distributive shares share of the Company’s taxable income and loss for income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (Mountain Falls, LLC)

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