Common use of Tax Characterization and Returns Clause in Contracts

Tax Characterization and Returns. (a) The Members acknowledge that the Company will be treated as a "partnership" for Federal and state tax purposes. All provisions of this Agreement and the Articles of Organization are to be construed so as to preserve that tax status.

Tax Characterization and Returns. (a) The Members acknowledge that the Company will be treated as a "partnership" for Federal federal and state tax purposes. All provisions of this Agreement, the Company's articles of organization, and this Agreement and the Articles of Organization are to be construed so as to preserve that tax status.

Tax Characterization and Returns. (a) The Members acknowledge that intend for the Company will to be treated as a "partnership" for Federal and state tax purposes. All provisions of this Agreement and the Articles Company's certificate of Organization formation are to be construed so as to preserve that tax status.

Tax Characterization and Returns. (a) The Members acknowledge that the Company will be treated as a "partnership" for Federal and state tax purposes. All provisions of this Agreement and the Articles Certificate of Organization Formation are to be construed so as to preserve that tax status.

Tax Characterization and Returns. (a) The Members acknowledge that the Company will be treated as a "partnership" for Federal federal and North Dakota state tax purposes. All provisions of this Agreement Agreement, the Company's articles of organization and the Articles of Organization Company's operating agreement are to be construed so as to preserve that tax status.

Tax Characterization and Returns. (a) The Members acknowledge that the Company will be treated as a "partnership" for Federal federal and state District of Columbia tax purposes. All provisions of this Agreement the Company's articles of organization and the Articles of Organization Company's operating agreement are to be construed so as to preserve that tax status.