Common use of Returns and Other Elections Clause in Contracts

Returns and Other Elections. The Founder and/or Series Managers, as applicable, shall cause the preparation and timely filing of all tax returns required to be filed by the Company or its Series, pursuant to the Code and all other tax returns deemed necessary and required in each jurisdiction in which the Company does business. Copies of such returns, or pertinent information therefrom, shall be furnished to the respective Series Members within a reasonable time after the end of the Company’s Fiscal Year. All elections permitted to be made by the Company under federal or state laws shall be made by the Series Managers and/or Founder in its sole discretion.

Appears in 7 contracts

Samples: Series Limited Liability Company Agreement (VV Markets LLC), Series Limited Liability Company Agreement (Mythic Collection, LLC), Series Limited Liability Company Agreement (Mythic Collection, LLC)

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Returns and Other Elections. The Founder and/or Series Managers, as applicable, shall cause the preparation and timely filing of all tax returns required to be filed by the Company or its Series, pursuant to the Code and all other tax returns deemed necessary and required in each jurisdiction in which the Company does business. Copies of such returns, or pertinent information therefrom, shall be furnished to the respective Series Members within a reasonable time after the end of the Company’s Company?s Fiscal Year. All elections permitted to be made by the Company under federal or state laws shall be made by the Series Managers and/or Founder in its sole discretion.

Appears in 1 contract

Samples: Limited Liability Company Agreement (VV Markets LLC)

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Returns and Other Elections. The Founder and/or Series Managers, as applicable, shall cause the preparation and timely filing of all tax returns required to be filed by the Company or its Series, pursuant to the Code and all other tax returns deemed necessary and required in each jurisdiction in which the Company does business. Copies of such returns, or pertinent information therefrom, shall be furnished to the respective Series Members within a reasonable time after the end of the Company’s 's Fiscal Year. All elections permitted to be made by the Company under federal or state laws shall be made by the Series Managers and/or Founder in its sole discretion.

Appears in 1 contract

Samples: Series Limited Liability Company Agreement (VV Markets LLC)

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