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

Obligations of Members to Report Allocations. The Members acknowledge and agree to the allocations made by this Section 7 and agree to be bound by the provisions of this Section 7 in reporting their shares of Company income and loss for income tax purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solar Power, Inc.)

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Obligations of Members to Report Allocations. The Members acknowledge and agree to the allocations made by this Section 7 8 and agree to be bound by the provisions of this Section 7 8 in reporting their shares of Company income and loss for income tax purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nutracea)

Obligations of Members to Report Allocations. The Members acknowledge and agree to are aware of the income tax consequences of the allocations made by this Section 7 and hereby agree to be bound by the provisions of this Section 7 it in reporting their shares of Company income and loss for income tax purposes. 8.

Appears in 1 contract

Samples: Operating Agreement

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Obligations of Members to Report Allocations. The Members acknowledge and agree to are aware of the income tax consequences of the allocations made by this Section 7 and hereby agree to be bound by the provisions of this Section 7 it in reporting their shares of Company income and loss for income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (Aptitude Solutions, Inc.)

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