Common use of Tax Allocations Binding Clause in Contracts

Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 and hereby agree to be bound by the provisions of this Section 6.3 in reporting their respective shares of items of Company income, gain, loss, deduction and expense.

Appears in 16 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Private Owner Interest Sale and Assignment Agreement

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Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 and hereby agree to be bound by the provisions of this Section 6.3 in reporting their respective shares of items of Company income, gain, loss, deduction and expense, unless otherwise required by a final “determination” (within the meaning of Section 1313(a) of the Code).

Appears in 7 contracts

Samples: Private Owner Interest Sale and Assignment Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 5.3 and hereby agree to be bound by the provisions of this Section 6.3 5.3 in reporting their respective shares of items of Company Membership income, gain, loss, deduction and expense.

Appears in 4 contracts

Samples: Operating Agreement (Iron Bridge Mortgage Fund LLC), Operating Agreement, Operating Agreement (Iron Bridge Mortgage Fund LLC)

Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 7.5 and hereby agree to be bound by the provisions of this Section 6.3 7.5 in reporting their respective shares of items of Company income, gain, loss, deduction deduction, and expense.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ignis Petroleum Group, Inc.)

Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 7.2 and hereby agree to be bound by the provisions of this Section 6.3 7.2 in reporting their respective shares of items of Company income, gain, loss, deduction and expense.

Appears in 1 contract

Samples: Operating Agreement (Torvec Inc)

Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 5.2 and hereby agree to be bound by the provisions of this Section 6.3 5.2 in reporting their respective shares of items of Company partnership income, gain, loss, deduction and expense.

Appears in 1 contract

Samples: Operating Agreement

Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 7 and hereby agree to be bound by the provisions of this Section 6.3 7 in reporting their respective shares of items of Company income, gain, loss, deduction and expense.

Appears in 1 contract

Samples: Operating Agreement

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Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 Sections 3.2 and hereby agree to be 3.3 and that they are bound by the provisions of this Section 6.3 Sections 3.2 and 3.3 in reporting their respective shares of items of Company income, gain, loss, deduction and expense.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lexaria Bioscience Corp.)

Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 and hereby agree to be bound by the provisions of this Section 6.3 in reporting their respective shares of items of Operating Company income, gain, loss, deduction and expense.

Appears in 1 contract

Samples: Operating Agreement (Broadstone Net Lease, Inc.)

Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 and hereby agree to be bound by the provisions of this Section 6.3 in reporting their respective shares of items of Company income, gain, loss, deduction and expense., unless otherwise required by a final “determination” (within the meaning of Section 1313(a) of the Code).‌

Appears in 1 contract

Samples: Private Owner Interest Sale and Assignment Agreement

Tax Allocations Binding. The Members acknowledge that they are aware of the tax consequences of the allocations made by this Section 6.3 5.3 and hereby agree to be bound by the provisions of this Section 6.3 5.3 in reporting their respective shares of items of Company income, gain, loss, deduction and expense.

Appears in 1 contract

Samples: Limited Liability Company Agreement (HPS Corporate Lending Fund)

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