Common use of No Partnership Intended for Nontax Purposes Clause in Contracts

No Partnership Intended for Nontax Purposes. The Members have formed the Company under the Act, and expressly do not intend hereby to form a partnership under either the Revised Uniform Partnership Act or the Revised Uniform Limited Partnership Act. The Members do not intend to be partners one to another, or partners as to any third party.

Appears in 1 contract

Samples: Operating Agreement (Broad Street Realty, Inc.)

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No Partnership Intended for Nontax Purposes. The Members have formed the Company under the Act, and expressly do not intend hereby to form a partnership under either the Revised State Uniform Partnership Act or nor the Revised State Uniform Limited Partnership Act. The Members do not intend to be partners one to another, another or partners as to any third party.

Appears in 1 contract

Samples: Operating Agreement (Lbo Capital Corp)

No Partnership Intended for Nontax Purposes. The Members have formed the Company under the Act, and expressly do not intend hereby to form a partnership under either the Revised Uniform Partnership Act any partnership or the Revised Uniform Limited Partnership Actlimited partnership act. The Members do not intend to be partners one to another, or partners as to any third party.. To the extent any Member, by word or action, represents to

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Aeroflex Holding Corp.)

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No Partnership Intended for Nontax Purposes. The Members have formed the Company under the Act, and expressly do not intend hereby to form a partnership under either the [state] Act or the [state] Uniform Revised Uniform Limited Partnership Act or a corporation under the Revised Uniform Limited Partnership [state] Business Corporation Act. The Members do not intend to be partners one to another, or partners as to any third party. The Members hereto agree and acknowledge that the Company is to be treated as a partnership for federal income tax purposes.

Appears in 1 contract

Samples: Partnership Agreement

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