Common use of Special Rules Relating to Contributed Property Clause in Contracts

Special Rules Relating to Contributed Property. Solely for tax ---------------------------------------------- purposes (and not for Capital Account purposes), in the case of any property (other than cash) included in a Capital Contribution, or that is held by the Company on the date any adjustment of Percentage Interest is made pursuant to Section 8.5, items of income, gain, loss, deduction, and credit attributable to such contributed property shall be allocated as follows:

Appears in 2 contracts

Samples: Operating Agreement (Mediacom LLC), Operating Agreement (Mediacom Capital Corp)

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Special Rules Relating to Contributed Property. Solely for tax ---------------------------------------------- purposes (and not for Capital Account purposes), in the case of any property (other than cash) included in a Capital Contribution, or that is held by the Company on the date any adjustment of Percentage Interest is made pursuant to Section 8.5, items of income, gain, loss, deduction, and credit attributable to such contributed property shall be allocated as follows:

Appears in 1 contract

Samples: Operating Agreement (Mediacom LLC)

Special Rules Relating to Contributed Property. Solely for tax ---------------------------------------------- purposes (and not for Capital Account purposes), in the case of any property (other than cash) included in a Capital Contribution, or that is held by the Company on the date any adjustment of Percentage Interest is made pursuant to Section 8.5, items of income, gain, loss, deduction, and credit attributable to such contributed property shall be allocated as follows:

Appears in 1 contract

Samples: Operating Agreement (Insight Communications Co Inc)

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Special Rules Relating to Contributed Property. Solely for ---------------------------------------------- tax ---------------------------------------------- purposes (and not for Capital Account purposes), in the case of any property (other than cash) included in a Capital Contribution, or that is held by the Company on the date any adjustment of Percentage Interest is made pursuant to Section 8.5, items of income, gain, loss, deduction, and credit attributable to such contributed property shall be allocated as follows:

Appears in 1 contract

Samples: Operating Agreement (Mediacom LLC)

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