Overwithholding. The Company shall not be liable for any excess taxes withheld in respect of any Member’s interest in the Company, and, in the event of overwithholding, a Member’s sole recourse shall be to apply for a refund from the appropriate governmental authority.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Overwithholding. The Neither the Company nor any Member shall not be liable for any excess taxes withheld in respect of any other Member’s interest in the Company, and, in the event of overwithholding, a such other Member’s sole recourse shall be to apply for a refund from the appropriate governmental authority.
Appears in 2 contracts
Samples: LLC Interest Purchase Agreement (Mister Goody, Inc.), Limited Liability Company Agreement (NextWave Wireless LLC)
Overwithholding. The Neither the Company nor any Member shall not be liable for any excess taxes withheld in respect of any other Member’s 's interest in the Company, and, in the event of overwithholding, a such other Member’s 's sole recourse shall be to apply for a refund from the appropriate governmental authority.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (NextWave Wireless LLC), Limited Liability Company Agreement (NextWave Wireless LLC)
Overwithholding. The Company Neither the Company, the Manager nor any Member shall not be liable for any excess taxes withheld in respect of any Member’s interest in the Company, and, in Units. In the event of overwithholding, a Member’s sole recourse shall be to apply for a refund from the appropriate governmental authority.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Wright Investors Service Holdings, Inc.)
