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 Agreement and hereby agree to be bound by the provisions of this Agreement in reporting their shares of the income and loss for income tax purposes.

Appears in 3 contracts

Samples: Operating Agreement (Aladdin Capital Corp), Operating Agreement (Aladdin Gaming Enterprises Inc), Operating Agreement (Aladdin Gaming Holding LLC)

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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 Agreement and hereby agree to be bound by the provisions of this Agreement in reporting their shares of the Company income and loss for income tax purposespurposes in a manner consistent with the tax returns filed by the Company, provided such tax returns are prepared in a manner consistent with this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Integrated Silicon Solution Inc), Limited Liability Company Agreement (Altera Corp)

Obligations of Members to Report Allocations. The Members are aware of the income tax consequences of the allocations made by this Agreement and hereby agree to be bound by the provisions of this Agreement Section 9.8 in reporting their shares of the LLC income and loss for income tax purposes.

Appears in 2 contracts

Samples: Operating Agreement (Kennedy Wilson Inc), Operating Agreement (Tsecrp Inc)

Obligations of Members to Report Allocations. The Members are Member is aware of the income tax consequences of the allocations made by this Agreement and hereby agree agrees to be bound by the provisions of this Agreement Section 9.8 in reporting their its shares of the LLC income and loss for income tax purposes.. ARTICLE

Appears in 1 contract

Samples: Company Agreement (Citi TeeVee LLC)

Obligations of Members to Report Allocations. The Members are aware of the income tax consequences of the allocations made by this Agreement and hereby agree to be bound by the provisions of this Agreement Section 98 in reporting their shares of the LLC income and loss for income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (G&l Realty Corp)

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Obligations of Members to Report Allocations. The Members are Member is aware of the income tax consequences of the allocations made by this Agreement and hereby agree agrees to be bound by the provisions of this Agreement Section 9.8 in reporting their its shares of the LLC income and loss for income tax purposes.

Appears in 1 contract

Samples: Company Agreement (Citi TeeVee LLC)

Obligations of Members to Report Allocations. The Members hereby acknowledge that they are aware of the income tax consequences of the allocations made by this Agreement and hereby agree to be bound by the provisions of this Agreement in reporting their shares of the LLC income and loss for income tax purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Imx Pharmaceuticals Inc)

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