Tax Credit Allocations. All income tax credits with respect to the Company’s property or operations shall be allocated among the Members in accordance with their respective Membership Interests for the Fiscal Year during which the expenditure, production, sale or other event giving rise to such credits occurs. This
Appears in 28 contracts
Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (Highwater Ethanol LLC)
Tax Credit Allocations. All credits against income tax credits with respect to the Company’s property or operations shall be allocated among the Members in accordance with their respective Membership Interests membership interests in the Company for the Fiscal Year during which the expenditure, production, sale sale, or other event giving rise to such credits the credit occurs. This
Appears in 15 contracts
Samples: Operating Agreement (Iowa Renewable Energy, LLC), Operating Agreement (Western Iowa Energy, L.L.C.), Operating Agreement (Central Iowa Energy, LLC)
Tax Credit Allocations. All credits against income tax credits with respect to the Company’s property or operations operations, shall be allocated among the Members in accordance with their respective Membership Interests membership interests in the Company for the Fiscal Year during which the expenditure, production, sale sale, or other event giving rise to such credits the credit occurs. This
Appears in 3 contracts
Samples: Operating Agreement (Northwest Iowa Renewable Energy LLC), Operating Agreement (Soy Energy, LLC), Operating Agreement (Soy Energy, LLC)
Tax Credit Allocations. All income tax credits with respect to the Company’s property or operations shall be allocated among the Members Unit Holders in accordance with their respective Membership Percentage Interests for the Fiscal Year during which the expenditure, production, sale or other event giving rise to such credits occurs. This
Appears in 3 contracts
Samples: Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Nedak Ethanol, LLC)
Tax Credit Allocations. All income tax credits with respect to the Company’s 's property or operations shall be allocated among the Members in accordance with their respective Membership Interests for the Fiscal Year during which the expenditure, production, sale or other event giving rise to such credits occurs. This
Appears in 3 contracts
Samples: Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Nedak Ethanol, LLC)
Tax Credit Allocations. All credits against income tax credits with respect to the Company’s 's property or operations shall be allocated among the Members in accordance with their respective Membership Interests membership interests in the Company for the Fiscal Year during which the expenditure, production, sale sale, or other event giving rise to such credits occurs. Thisthe
Appears in 1 contract
Tax Credit Allocations. All income tax credits with respect to the Company’s property or operations shall be allocated among the Members in accordance with their respective Membership Interests for the Fiscal Year during which the expenditure, production, sale or other event giving rise to such credits occurs. Thisto
Appears in 1 contract
Samples: Operating Agreement (Akron Riverview Corn Processors, LLC)