Tax Credit Allocations. All credits against income tax with respect to the Company's property or operations shall be allocated among the Members in accordance with their respective membership interests in the Company for the Fiscal Year during which the expenditure, production, sale, or other event giving rise to the credit occurs. This
Appears in 5 contracts
Samples: Operating Agreement (Cardinal Ethanol LLC), Operating Agreement (Cardinal Ethanol LLC), Operating Agreement
Tax Credit Allocations. All credits against income tax with respect to the Company's property or operations operations, including the Small Ethanol Producer Credit (as defined in the Code), if available, shall be allocated among the Members in accordance with their respective membership interests in the Company for the Fiscal Year during which the expenditure, production, sale, or other event giving rise to the credit occurs. This
Appears in 3 contracts
Samples: Operating Agreement (Golden Grain Energy), Operating Agreement (East Kansas Agri Energy LLC), Operating Agreement (United Wisconsin Grain Producers LLC)
