Common use of Tax Policy Clause in Contracts

Tax Policy. The Company shall make any and all tax accounting and reporting elections and adopt such procedures as both Members, in their reasonable judgment, may determine.

Appears in 2 contracts

Sources: Operating Agreement (Bluerock Residential Growth REIT, Inc.), Operating Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

Tax Policy. The Company shall make any and all tax accounting and reporting elections and adopt such procedures as both Members, in their reasonable judgment, may all Members shall unanimously determine.

Appears in 1 contract

Sources: Operating Agreement (Sunrise Assisted Living Inc)

Tax Policy. The Company shall make any and all tax accounting and reporting elections and adopt such procedures as both Membersthe Committee, in their its reasonable judgment, may determine.

Appears in 1 contract

Sources: Operating Agreement (American Retirement Corp)

Tax Policy. The Company shall make any and all tax accounting and reporting elections and adopt such procedures as both Membersthe Managing Member, in their its reasonable judgment, judgment may determine.

Appears in 1 contract

Sources: Operating Agreement (Boston Properties Inc)

Tax Policy. The Company shall make any and all tax accounting and reporting elections and adopt such procedures as both Members, in their reasonable judgment, a Majority-in-Interest of Members may determine.

Appears in 1 contract

Sources: Operating Agreement (Extra Space Storage Inc.)

Tax Policy. The Company shall make any and all tax accounting and reporting elections and adopt such procedures as both are determined by the Members, in their reasonable judgment, may determine.;

Appears in 1 contract

Sources: Operating Agreement (Summit Properties Partnership L P)