Common use of Limited Application Clause in Contracts

Limited Application. Allocations pursuant to this Section 4.4 are solely for purposes of federal, state and local taxes and shall not affect or in any way be taken into account in computing any Member’s Capital Account or share of Profits, Losses, other items or distributions pursuant to any provision of this Agreement.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Emdeon Corp), Merger Agreement (Emdeon Inc.), Limited Liability Company Agreement (Emdeon Inc.)

AutoNDA by SimpleDocs

Limited Application. Allocations pursuant to this Section 4.4 3.5 ----------- are solely for purposes of federal, state and local taxes and shall not affect or in any way be taken into account in computing any Member’s 's Capital Account or share of Profits, Losses, other items or distributions pursuant to any provision of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (St John Knits Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!