Common use of Other Tax Provisions Clause in Contracts

Other Tax Provisions. (a) For any fiscal year or other period during which any part of a Membership Interest in the Company is transferred between the Members or to another person, the portion of the Net Profits, Net Losses and other items of income, gain, loss, deduction and credit that are allocable with respect to such part of a Membership Interest in the Company shall be apportioned between the transferor and the transferee using any method allowed pursuant to Code Section 706 and the applicable Regulations as chosen by the Board of Managers.

Other Tax Provisions. (a) 5.4.1 For any fiscal year Fiscal Year or other period during which any part of a Membership an Interest in the Company is transferred Transferred between the Members or by a Member to another personPerson, the portion of the Net Profits, Net Losses and other items of income, gain, loss, deduction and credit that are allocable with respect to such part of a Membership an Interest in the Company shall be apportioned between the transferor and the transferee using under any method allowed pursuant to Code Section 706 and the applicable Regulations as chosen determined by the Board of Managersin its discretion.

Other Tax Provisions. (ai) For any fiscal year or other period during which any part of a Membership an Interest in the Company is transferred between the Members or to another person, the portion of the Net Profits, Net Losses and other items of income, gain, loss, deduction and credit that are allocable with respect to such part of a Membership such Interest in the Company shall be apportioned between the transferor and the transferee using under any method allowed pursuant to Code Section 706 of the Code and the applicable Regulations as chosen determined by the Board of ManagersMajority Member.