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

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 18 contracts

Samples: Limited Liability Company Agreement (Golden Pacific Homes, LLC), Limited Liability Company Agreement (Golden Pacific Homes, LLC), Operating Agreement (Bloomin' Brands, Inc.)

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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)

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.. TRANSFER AND ASSIGNMENT OF INTERESTS

Appears in 1 contract

Samples: Index Operating Agreement

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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)

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