Common use of Partnership Tax Treatment Clause in Contracts

Partnership Tax Treatment. The Members intend for the Company to be treated as a partnership for federal income tax purposes and no election to the contrary shall be made.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Aveon Group L.P.), Limited Liability Company Agreement (Aveon Group L.P.), Limited Liability Company Agreement (Aveon Group L.P.)

AutoNDA by SimpleDocs

Partnership Tax Treatment. The Members Partners intend for the Company Partnership to be treated as a partnership for United States federal income tax purposes and no election to the contrary shall be made.

Appears in 6 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement (SWK Holdings Corp)

Partnership Tax Treatment. The Members Partners intend for the Company Partnership to be treated as a partnership for U.S. federal income tax purposes and no election to the contrary shall be made.

Appears in 5 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Evercore Partners Inc.), Limited Partnership Agreement (Evercore Partners Inc.)

Partnership Tax Treatment. The Members intend for the Company to be treated as a partnership Each Member recognizes, agrees and intends that, for federal and conforming state income tax purposes and no election to other, the contrary shall Company will be madeclassified as a partnership.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (OCM HoldCo, LLC), Operating Agreement (NGA Holdco, LLC), Operating Agreement (NGA Holdco, LLC)

Partnership Tax Treatment. The Members intend for the Company to be treated as a partnership for all federal income tax purposes and no election to purposes. No Member shall assert, on any tax return or elsewhere, anything inconsistent with this intent, or do anything which could deny the contrary shall be madeCompany the intended partnership tax treatment.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Secured Principal LLC)

AutoNDA by SimpleDocs

Partnership Tax Treatment. The Members intend for the Company to be treated as a partnership for U.S. federal income tax purposes and no election to the contrary shall be made.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Evercore Partners Inc.)

Partnership Tax Treatment. The Members intend for that the Company to will be treated characterized as a partnership for federal and state income tax purposes and no election to the contrary treatment. Each Member agrees that it shall be madenot take any action inconsistent with such partnership tax treatment.

Appears in 1 contract

Samples: Operating Agreement (J C Nichols Co)

Partnership Tax Treatment. The Members intend for the Company to be treated as a partnership for federal income tax purposes purposes, and no election to the contrary shall be made.. ARTICLE

Appears in 1 contract

Samples: Limited Liability Company Agreement (Northwestern Corp)

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