Common use of Tax Characterization and Returns Clause in Contracts

Tax Characterization and Returns. The Company shall be treated as a corporation for income tax purposes. All provisions of the Company's Certificate of Formation and this Agreement are to be construed so as to preserve that tax status. The Member is hereby authorized to file any necessary elections with any tax authorities and shall be required to file any necessary tax returns on behalf of the Company with any such tax authorities.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Keystone Automotive Operations Inc), Limited Liability Company Agreement (Keystone Automotive Operations Inc), Limited Liability Company Agreement (Keystone Automotive Operations Inc)

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Tax Characterization and Returns. The Company shall be treated as a corporation for income tax purposes. All provisions of the Company's ’s Certificate of Formation and this Agreement are to be construed so as to preserve that tax status. The Member is hereby authorized to file any necessary elections with any tax authorities and shall be required to file any necessary tax returns on behalf of the Company with any such tax authorities.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Keystone Automotive Operations Inc)

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Tax Characterization and Returns. The Company shall be treated as a corporation for income tax purposes. All provisions of the Company's Certificate ’s Articles of Formation Organization and this Agreement are to be construed so as to preserve that tax status. The Member is hereby authorized to file any necessary elections with any tax authorities and shall be required to file any necessary tax returns on behalf of the Company with any such tax authorities.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Keystone Automotive Operations Inc)

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