Partnership Tax Treatment. It is the intention of the Members that the Company be treated as a partnership for Federal, state and local income tax purposes, and the Interest Holders shall not take any position or make any election, in a tax return or otherwise, inconsistent with such treatment.
Appears in 12 contracts
Samples: Limited Liability Company Agreement (Triad of Oregon, LLC), Limited Liability Company Agreement (Triad of Oregon, LLC), Limited Liability Company Agreement (Hospital of Fulton, Inc.)
Partnership Tax Treatment. It is the intention of the Members that the Company be treated as a partnership for Federal, state and local income tax purposes, and the Interest Holders Members shall not take any position or make any election, in a tax return or otherwise, inconsistent with such treatment.
Appears in 2 contracts
Samples: Employee Lease Agreement, Employee Lease Agreement (First Savings Financial Group Inc)
Partnership Tax Treatment. It is the intention of the Members that the Company be treated as a partnership for Federal, state and local income tax purposes, and the Interest Holders Members shall not take any position or make any election, in a tax return or otherwise, inconsistent with such treatment. The Members shall cause the Company to file the appropriate forms with the Internal Revenue Service to elect partnership status.
Appears in 2 contracts
Samples: Operating Agreement (Atria Communities Inc), Operating Agreement (Atria Communities Inc)
Partnership Tax Treatment. It is the intention of the Members that the Company be treated as a partnership for Federal, state and local income tax purposes, and the Interest Holders Members shall not take any position or make any election, in a tax return or otherwise, inconsistent with such treatment.such
Appears in 1 contract