Tax Elections and Status. (a) The Board shall make such tax elections on behalf of the Company as it shall deem appropriate in its sole discretion.
Appears in 14 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Boaz Energy II, LLC), Limited Liability Company Agreement (WildHorse Resource Development Corp)
Tax Elections and Status. (a) The Board shall make such tax elections on behalf of the Company as it shall deem appropriate in its sole discretion. Upon request of the Board, each Member shall cooperate in good faith with the Company in connection with the Company’s efforts to elect out of the application of the company-level audit and adjustment rules of the Bipartisan Budget Act, if applicable.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (WildHorse Resource Development Corp), Limited Liability Company Agreement (WildHorse Resource Development Corp), Limited Liability Company Agreement (WildHorse Resource Development Corp)
