Tax Classification. It is intended that the Company be disregarded as an entity separate from the Member for federal and all relevant state and local income tax purposes, as provided for by Regulations Section 301.7701-3, and comparable provisions of applicable state tax law.
Appears in 53 contracts
Samples: Operating Agreement (SC Sonoma Management, LLC), Operating Agreement (SC Sonoma Management, LLC), Operating Agreement (SC Sonoma Management, LLC)
Tax Classification. It is intended the intention of the Member that the Company be disregarded as an entity separate from the Member for U.S. federal and all relevant state and local income tax purposes, as provided for by Regulations Section 301.7701-3, and comparable provisions of applicable state tax law.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Oasis Midstream Partners LP), Contribution and Simplification Agreement (Oasis Midstream Partners LP), Contribution and Simplification Agreement (Oasis Petroleum Inc.)
Tax Classification. It is intended that the Company be disregarded as an entity separate from the Non-Voting Member for federal Federal and all relevant state and local income tax purposes, purposes as provided for by Regulations Section 301.7701-3, 3 and comparable provisions of applicable state tax law.
Appears in 2 contracts
Samples: Operating Agreement (Station Casinos LLC), Operating Agreement (Station Casinos LLC)
Tax Classification. It is intended that For U.S. federal and applicable state and local income tax purposes, the Company shall be disregarded as an entity separate from the Member for federal and all relevant state and local income tax purposes, as provided for by within the meaning of Treasury Regulations Section 301.7701-3, and comparable provisions of applicable state tax law3(a).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Riverview Acquisition Corp.)
Tax Classification. It is intended that the Company be disregarded as an entity separate from the Sole Member for U.S. federal and all relevant state and local income tax purposes, as ; provided for by Regulations Section 301.7701-3, and comparable provisions of applicable state tax lawthat the Sole Member may elect to change this classification pursuant to Treasury Regulation § 301.7701.3.
Appears in 1 contract
Samples: Limited Liability Company Agreement (LRR Energy, L.P.)
Tax Classification. It is intended the intention of the parties hereto that the Company be disregarded as an entity separate and apart from the Member its single owner, for federal and all relevant federal, state and local income tax purposes, Holdings. The Company shall not elect to be treated as provided for by other than such a disregarded entity under Treasury Regulations Section 301.7701-3, and comparable 3(c) (or any corresponding applicable provisions of applicable state tax or local law) unless such election is approved by Holdings.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Nevada Property 1 LLC)
