TAX AND FINANCIAL PROVISIONS Sample Clauses

TAX AND FINANCIAL PROVISIONS. (1) Tax Classification of LLC: The members of this LLC intend that this LLC be initially classified as a ____________________________ for federal and, if applicable, state income tax purposes. It is understood that all members may agree to change the tax treatment of this LLC by signing, or authorizing the signature of, IRS Form 8832, Entity Classification Election, and filing it with the IRS and, if applicable, the state tax department within the prescribed time limits.
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TAX AND FINANCIAL PROVISIONS. (1) Tax Classification of LLC: The members of this LLC intend that this LLC be initially classified as a
TAX AND FINANCIAL PROVISIONS. (1) Tax Classification of LLC: The members of this LLC intend that this LLC be initially classified as a “disregarded entity” for federal and, if applicable, state income tax purposes.
TAX AND FINANCIAL PROVISIONS 

Related to TAX AND FINANCIAL PROVISIONS

  • Financial Provisions 7.1 You are responsible for: (a) the setup of the Merchant Account with the Merchant Acquiring Bank and the bank’s processor; and (b) any and all set up and Bank Charges and other charges associated with the Merchant Account. 7.2 NCR Voyix cannot guarantee that the chosen Merchant Acquiring Bank can accept Transactions via the EMV PSP Service. NCR Voyix reserves the right to charge you an additional development fee to cover costs in the event that the Merchant Acquiring Bank requires NCR Voyix or its third-party suppliers to complete an accreditation procedure with respect to the EMV PSP Service or the Terminal.

  • Special Provisions A. CONTRACTOR shall not use the funds provided by means of this Agreement for the following purposes: 1. Making cash payments to intended recipients of services through this Agreement. 2. Lobbying any governmental agency or official. CONTRACTOR shall file all certifications and reports in compliance with this requirement pursuant to Xxxxx 00, XXX, §0000 (e.g., limitation on use of appropriated funds to influence certain federal contracting and financial transactions).

  • SPECIAL PROVISION The failure of the COUNTY to insist upon the strict performance of any provision of this Agreement or to exercise any right based upon breach thereof or the acceptance of any performance during such breach shall not constitute a waiver of any right under this Agreement.

  • Federal Provisions 2.1. The use of all federal funds paid under this Grant are subject to all applicable federal regulations, including the provisions described below. 2.2. Grantee must ensure that any further distribution or payment of the federal funds paid under this Grant by means of any contract, subgrant, or other agreement between Grantee and another party for the performance of any of the activities of this Grant, includes the requirement that such funds may be used solely in a manner that complies with the provisions of this Grant. 2.3. Grantee must include and incorporate the provisions described below in all contracts and subgrants that may use, in whole or in part, the funds provided by this Grant. 2.4. Grantee must comply, and ensure the compliance by subcontractors or subgrantees, with 41 U.S.C. 4712, Program for Enhancement of Employee Whistleblower Protection. Grantee must inform subrecipients, contractors and employees, in writing, in the predominant language of the workforce, of the employee whistleblower rights and protections under 41 USC § 4712. For purposes of these provisions, the following definitions apply:

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