Common use of No State Law Partnership; No Concerted Action Clause in Contracts

No State Law Partnership; No Concerted Action. (a) Notwithstanding the provisions of Article VIII, the Members intend that the Company shall not be a partnership (including a general partnership or a limited partnership), and that no Member shall be a partner of any other Member with respect to the business of the Company for any purposes other than U.S. federal, state and local Tax purposes, and this Agreement shall not be construed to suggest otherwise.

Appears in 3 contracts

Samples: Operating Agreement (Constellation Energy Group Inc), Operating Agreement (Constellation Energy Group Inc), Operating Agreement (Constellation Energy Group Inc)

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No State Law Partnership; No Concerted Action. (a) Notwithstanding the provisions of Article VIII, the Members intend that the Company shall not be a partnership (including a general partnership or a limited partnership), ) or joint venture and that no Member shall be a partner or joint venturer of any other Member with respect to the business of the Company for any purposes other than U.S. federalUnited States Federal, state and local Tax purposes, and this Agreement shall not be construed to suggest otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Blue Sphere Corp.), Limited Liability Company Agreement (Blue Sphere Corp.)

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