Common use of Tax Partnership Clause in Contracts

Tax Partnership. The Members acknowledge that the Company shall be treated as a partnership for federal income tax purposes and will not elect to otherwise characterize the Company for such purposes.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (National Grid Transco PLC), Limited Liability Company Agreement (Ameren Corp)

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Tax Partnership. The Members acknowledge that that, subject to Section 8.3 and the impact of an Internal Restructure, the Company shall be treated as a partnership for federal Federal income tax purposes and will not elect to otherwise characterize the Company for such purposespurposes of any Federal tax returns, statements or reports filed by them or their Affiliates.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Tax Partnership. The Members acknowledge that the Company shall be treated as a partnership for federal Federal income tax purposes and will not elect to otherwise characterize the Company for such purposespurposes of any Federal tax returns, statements or reports filed by them or their Affiliates.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Eagle Rock Energy Partners L P)

Tax Partnership. The Members acknowledge that the Company shall be treated classified as a partnership for federal Federal income tax purposes and will not elect to otherwise characterize the Company for such purposespurposes of any Federal tax returns, statements or reports filed by them or their Affiliates, and this Agreement shall be interpreted accordingly.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Laredo Oil, Inc.)

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Tax Partnership. The Members acknowledge that the Company shall be treated as a partnership for federal income tax purposes and will not elect to otherwise characterize the Company for such purposespurposes of any federal tax returns, statements or reports filed by them or their Affiliates.

Appears in 1 contract

Samples: Limited Liability Company Agreement (AleAnna Energy, LLC)

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