PARTNERSHIP FOR TAX PURPOSES ONLY. As set forth in Section 2.1, the Members hereby form the Company as a limited liability company under the Act. The Members expressly do not intend hereby to form a partnership except insofar as the Company may be treated as a partnership solely for tax purposes.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Liveworld Inc)
PARTNERSHIP FOR TAX PURPOSES ONLY. As set forth in Section 2.1, the Members hereby form the Company as a limited liability company under the Act. The Members expressly do not intend hereby to form a partnership except insofar as the Company may be treated as a partnership solely for tax purposes.. [Signature Page Follows]
Appears in 1 contract
Samples: Operating Agreement (Propell Technologies Group, Inc.)
PARTNERSHIP FOR TAX PURPOSES ONLY. As set forth in Section 2.1, the Members hereby form the Company as a limited liability company under the Act. The Members expressly do not intend hereby to form a partnership except insofar as even though the Company may be treated as a partnership solely for tax purposes.
Appears in 1 contract
Samples: Limited Liability Operating Agreement (Catalytica Inc)
