Common use of Tax Elections and Tax Matters Partner Clause in Contracts

Tax Elections and Tax Matters Partner. The Managing Member shall make all elections required or permitted to be made by the Company under the Code and shall designate a tax matters partner pursuant to Section 6231(a)(7) of the Code for all purposes permitted or required by the Code. The Member is designated as the initial tax matters partner for the Company. The tax matters partner shall take such action as may be necessary to cause each other member to become a notice member within the meaning of Section 6223 of the Code.

Tax Elections and Tax Matters Partner. The Managing Member shall make all elections required or permitted to be made by the Company under the Code and shall designate a tax matters partner pursuant to Section 6231(a)(7) of the Code for all purposes permitted or required by the Code. The Member is designated as the initial tax matters partner for the Company. The tax matters partner shall take such action as may be necessary to cause each other member Member to become a notice member within the meaning of Section 6223 of the Code.

Tax Elections and Tax Matters Partner. The Managing Member shall make all elections required or permitted to be made by the Company under the Code and shall designate a tax matters partner pursuant to Section 6231(a)(7) of the Code for all purposes permitted or required by the Code. The Member is designated as the initial tax matters partner for the Company. The tax matters partner shall take such action as may be necessary to cause each other member to become a notice member within the meaning of Section 6223 of the Code.. Limited Liability Company Agreement Xeres Interests LLC

Tax Elections and Tax Matters Partner. The Managing Member shall make all elections required or permitted to be made by the Company under the Code and shall designate a tax matters partner pursuant to Section 6231(a)(76231 (a)(7) of the Code for all purposes permitted or required by the Code. The Member is designated as the initial tax matters partner for the Company. The tax matters partner shall take such action as may be necessary to cause each other member to become a notice member within the meaning of Section 6223 of the Code.

Tax Elections and Tax Matters Partner. The Managing Member shall make all elections required or permitted to be made by the Company under the Code and shall Limited Liability Company Agreement Xeres Ventures LLC designate a tax matters partner pursuant to Section 6231(a)(7) of the Code for all purposes permitted or required by the Code. The Member is designated as the initial tax matters partner for the Company. The tax matters partner shall take such action as may be necessary to cause each other member to become a notice member within the meaning of Section 6223 of the Code.

Tax Elections and Tax Matters Partner. The Managing Member shall make all elections required or permitted to be made by the Company under the Code and shall designate a tax matters partner pursuant to Section 6231(a)(7) of the Code for all purposes permitted or required by the Code. The Member is designated as the initial tax matters partner for the Company. The tax matters partner shall take such action as may be necessary to cause each other member to become a notice member within the meaning of Section 6223 of the Code.. Limited Liability Company Agreement Whale Interests LLC