Common use of Partnership Status Clause in Contracts

Partnership Status. The Members intend, and the Company shall take no position inconsistent with, treating the Company as a partnership for United States federal, state and local income and franchise tax purposes.

Appears in 9 contracts

Samples: Operating Agreement (Cannae Holdings, Inc.), Limited Liability Company Agreement (J. Alexander's Holdings, Inc.), Limited Liability Company Agreement (J. Alexander's Holdings, Inc.)

AutoNDA by SimpleDocs

Partnership Status. The Members intend, and the Company shall take no position inconsistent with, treating the Company as a partnership for United States federal, state and local income and franchise tax purposespurposes prior to a Public Offering.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Black Knight, Inc.), Limited Liability Company Agreement (Cannae Holdings, Inc.), Limited Liability Company Agreement (Black Knight, Inc.)

Partnership Status. The Members intend, and the Company shall take no position inconsistent with, treating the Company as a partnership for United States federal, state and local income and franchise tax purposespurposes prior to an Initial Public Offering or Roll-Up Transaction.

Appears in 2 contracts

Samples: Contribution Agreement (Trxade Group, Inc.), Limited Liability Company Agreement (Trxade Group, Inc.)

AutoNDA by SimpleDocs

Partnership Status. The Members intend, and the Company shall take no position inconsistent with, treating the Company as a partnership for United States federal, state and local income and franchise tax purposespurposes prior to an Initial Public Offering or a Roll-Up Transaction.

Appears in 1 contract

Samples: Limited Liability Company Agreement (PSAV, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!