Tax and Accounting. Each and all of the provisions of the Tax Exhibit are incorporated herein and shall constitute part of this Agreement. The Tax Exhibit provides for, among other matters, the establishment and maintenance of capital accounts, and the allocation of profits and losses of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Emeritus Corp\wa\), Limited Liability Company, Agreement of Purchase and Sale
Tax and Accounting. Each and all of the provisions of the Tax Exhibit are incorporated herein and shall constitute part of this Agreement. The Tax Exhibit provides for, among other matters, the establishment and maintenance of capital accounts, and the allocation of profits and losses of the Company. The Company shall be operated as a limited liability company solely for state and federal income tax purposes.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Emeritus Corp\wa\)
