Common use of Tax Partnership Option Clause in Contracts

Tax Partnership Option. At the option of Optionee, the parties will for a tax partnership on terms substantially similar to the applicable provisions or exhibits of Model Form 5A or Model Form 5 LLC.

Tax Partnership Option. At the option of OptioneePurchaser, the parties will for form a tax partnership on terms substantially similar to the applicable provisions or exhibits of Model Form 5A or Model Form 5 LLC.

Tax Partnership Option. At the option of Optionee, the parties will for form a tax partnership on terms substantially similar to the applicable provisions or exhibits of Model Form 5A or Model Form 5 LLC.

Tax Partnership Option. At the option of OptioneePurchaser, the parties will for form a tax partnership on terms substantially similar to the applicable provisions or exhibits of Model Form 5A or Model Form 5 LLC.. 11 <PAGE> 7. OPERATIONS DURING EARN-IN PERIOD During the Earn-In Period: 7.1

Tax Partnership Option. At the option of Optionee, the parties will for form a tax partnership on terms substantially similar to the applicable provisions or exhibits of Model Form 5A or Model Form 5 LLC.. 7. OPERATIONS DURING EARN-IN PERIOD During the Earn-In Period: 7.1