Related Clauses

Collections and Allocations
Section 704(c) Allocations
Allocations of Collections
Distributions and Allocations
Timing and Amount of Allocations of Net Income and Net Loss
Payments Generally; Allocations of Proceeds; Pro Rata Treatment; Sharing of Set-offs
Other Allocations
Account Allocations
Allocations of Principal Collections
Modification of Allocations

Parent Clauses

ALLOCATIONS OF NET PROFITS AND NET LOSSES AND DISTRIBUTIONS
ALLOCATIONS OF NET PROFITS
Allocations of Taxable Net Income and Taxable Net Loss
Books Records Reports and Bank Accounts
Allocations of Net Profits and Net Losses
Allocations of Profits and Losses Distributions
Limited Liability
Allocations and Distributions
Allocations of Net Income and Net Loss
Allocations of Net Proceeds and Net Loss and Distributions

Sub-Clauses

Substitution of Members
Transfer and Assignment of Interests
FURTHER RESTRICTIONS ON TRANSFER OF INTERESTS
NO EFFECT TO TRANSFERS IN VIOLATION OF AGREEMENT
Rights of Legal Representatives
DISSOLUTION
Effective Date of Permitted Transfers
Books and Records
PERMITTED TRANSFERS

Obligations of Members to Report Allocations. The Members are aware of the income tax consequences of the allocations made by this Article VI and hereby agree to be bound by the provisions of this Article VI in reporting their shares of Company income and loss for income tax purposes.

Appears in 19 contracts

Samples: Operating Agreement, Limited Liability Company Agreement (Golden Pacific Homes, LLC), Limited Liability Company Agreement (Golden Pacific Homes, LLC)

Obligations of Members to Report Allocations. The Members are aware of the United States federal income tax consequences of the allocations made by this Article VI and hereby agree to be bound by the provisions of this Article VI in reporting their shares of Company income and loss for United States federal income tax purposes.

Appears in 2 contracts

Samples: Operating Agreement (ALST Casino Holdco, LLC), Operating Agreement (ALST Casino Holdco, LLC)

Obligations of Members to Report Allocations. The Members are aware of the income tax consequences of the allocations made by this ~~Article~~ ARTICLE VI and hereby agree to be bound by the provisions of this ~~Article~~ ARTICLE VI in reporting their shares of Company income and loss for income tax purposes.

Appears in 2 contracts

Samples: Operating Agreement (Osi Restaurant Partners, LLC), Operating Agreement (Outback Steakhouse Inc)

Appears in 1 contract

Samples: Operating Agreement

Obligations of Members to Report Allocations. The Members are aware -------------------------------------------- of the income tax consequences of the allocations made by this Article VI and hereby agree to be bound by the provisions of this Article VI in reporting their shares of Company income and loss for income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (CPC of America Inc)

Common use of Obligations of Members to Report Allocations Clause in Contracts