Substantial Economic Effect. The various provisions of this Article 4 are intended and will be construed to ensure that the allocations of the Company’s income, gain, losses, deductions, and credits have substantial economic effect under the Treasury Regulations promulgated under Section 704(b) of the Code.
Appears in 3 contracts
Samples: Operating Agreement (Slingshot USA LLC), Operating Agreement (Slingshot USA LLC), Operating Agreement (Slingshot USA LLC)
Substantial Economic Effect. The various provisions of this Article 4 article are intended and will be construed to ensure that the allocations of the Company’s income, gain, losses, deductions, and credits have substantial economic effect under the Treasury Regulations promulgated under Section 704(b) of the Code.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Substantial Economic Effect. The various provisions of this Article 4 are intended and will be construed to ensure that the allocations of the Company’s 's income, gain, losses, deductions, and credits have substantial economic effect under the Treasury Regulations promulgated under Section 704(b) of the Code.. ARTICLE 5
Appears in 1 contract
