State and Local Items. Items of income, gain, loss, deduction, credit and tax preference for state and local income tax purposes shall be allocated to and among the Members in a manner consistent with the allocation of such items for federal income tax purposes in accordance with the foregoing provisions of this Section 9.1.
Appears in 15 contracts
Samples: Operating Agreement (Benchmark Real Estate Investment Fund, LLC), Operating Agreement (Real Street Build-to-Rent Fund I, LLC), Operating Agreement (Brookwood Fenton Investments LLC)
State and Local Items. Items of income, gain, loss, deduction, credit and tax preference for state and local income tax purposes shall be allocated to and among the Members in a manner consistent with the allocation of such items for federal income tax purposes in accordance with the foregoing provisions of this Section 9.17.1.
Appears in 3 contracts
Samples: Operating Agreement (PRC Equity Fund I, LLC), Operating Agreement, Operating Agreement
State and Local Items. Items of income, gain, loss, deduction, credit and tax preference for state and local income tax purposes shall will be allocated to and among the Members in a manner consistent with the allocation of such items for federal income tax purposes in accordance with the foregoing provisions of this Section 9.17.1.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Alnylam Pharmaceuticals, Inc.), Limited Liability Company Agreement (Isis Pharmaceuticals Inc)
State and Local Items. Items of income, gain, loss, deduction, credit and tax preference for state and local income tax purposes shall be allocated to and among the Members Partners in a manner consistent with the allocation of such items for federal Federal income tax purposes in accordance with the foregoing provisions of this Section 9.15.01.
Appears in 2 contracts
Samples: Limited Partnership Agreement (MHI Hospitality CORP), Limited Partnership Agreement (MHI Hospitality CORP)
State and Local Items. Items of income, gain, loss, deduction, credit and tax preference for state and local income tax purposes shall be allocated to and among the Members Partners in a manner consistent with the allocation of such items for federal income tax purposes in accordance with the foregoing provisions of this Section 9.15.01.
Appears in 1 contract
Samples: Amendment No. 3 to the Amended and Restated Agreement of Limited Partnership (Sotherly Hotels Lp)
State and Local Items. Items of income, gain, loss, deduction, credit and tax preference for state and local income tax purposes shall be allocated to and among the Members Partners in a manner consistent with the allocation of such items for federal income tax purposes in accordance with the foregoing provisions of this Section 9.1ARTICLE 5.
Appears in 1 contract
Samples: Limited Partnership Agreement (Wolf Pen Branch, LP)
State and Local Items. Items of income, gain, loss, deduction, credit and tax preference for state and local income tax purposes shall be allocated to and among the Members in a manner consistent with the allocation of such items for federal income tax purposes in accordance with the foregoing provisions of this Section 9.1Section.
Appears in 1 contract
Samples: Operating Agreement
State and Local Items. Items of income, gain, loss, deduction, credit and tax preference for state and local income tax purposes shall be allocated to and among the Members in a manner consistent with the allocation of such items for federal income tax purposes in accordance with the foregoing provisions of this Section 9.1ARTICLE 5.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Wolf Pen Branch, LP)
State and Local Items. Items of income, gain, loss, deduction, credit and tax preference for state and local income tax purposes shall be allocated to and among the Members in a manner consistent with the allocation of such items for federal income tax purposes in accordance with the foregoing provisions of this Section 9.1Article 3 unless otherwise required by Applicable Law.
Appears in 1 contract
State and Local Items. Items of income, gain, loss, deduction, credit and tax preference for state and local income tax purposes shall will be allocated to and among the Members in a manner consistent with the allocation of such items for federal income tax purposes in accordance with the foregoing provisions of this Section 9.1Article VII.
Appears in 1 contract
Samples: Membership Agreement
