Status of the Company. The Members acknowledge that this Agreement creates a partnership for federal income tax purposes. Furthermore, the Members hereby agree not to elect to be excluded from the application of Subchapter K of Chapter 1 of Subtitle A of the Code or any similar state statute.
Appears in 15 contracts
Samples: Limited Liability Company Agreement (SNR Wireless LicenseCo, LLC), Limited Liability Company Agreement (SNR Wireless LicenseCo, LLC), Limited Liability Company Agreement (DISH Network CORP)
Status of the Company. The Members acknowledge that this Agreement creates a partnership for federal and state income tax purposes (and only for such purposes. Furthermore), the Members and hereby agree not to elect to be excluded from the application of Subchapter K of Chapter 1 of Subtitle A of the Code or any similar state statute.
Appears in 12 contracts
Samples: Limited Liability Company Operating Agreement (Helpful Alliance Co), Limited Liability Company Agreement (Urs Corp /New/), Operating Agreement
Status of the Company. The Members acknowledge that this Agreement --------------------- creates a partnership for federal and state income tax purposes (and only for such purposes. Furthermore, the Members ) and hereby agree not to elect to be excluded from the application of Subchapter K of Chapter 1 of Subtitle A of the Code or any similar state statute.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Point West Capital Corp), Limited Liability Company Agreement (Point West Capital Corp)
Status of the Company. The Members acknowledge that this Agreement --------------------- creates a partnership for federal and state income tax purposes (and only for such purposes. Furthermore, the Members ) and hereby agree not to elect to be excluded from the application of Subchapter K of Chapter 1 of Subtitle A of the Code or any similar state statute. The Manager may modify this Agreement as minimally necessary to permit the Company to continue to be classified as a partnership for federal and state income tax purposes.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Point West Capital Corp)
