Tax Status and Returns. 9.3.1 Any provision hereof to the contrary notwithstanding, solely for United States federal income tax purposes, each of the Members hereby recognizes that the Company may be subject to the provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, the filing of U.S. Partnership Returns of Income shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the Members.
Appears in 7 contracts
Samples: Operating Agreement (Benchmark Real Estate Investment Fund, LLC), Operating Agreement (Real Street Build-to-Rent Fund I, LLC), Operating Agreement (Brookwood Fenton Investments LLC)
Tax Status and Returns. 9.3.1 (a) Any provision hereof to the contrary notwithstanding, solely for United States federal income tax purposes, each of the Members hereby recognizes that the Company may will be subject to the all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, that the filing of U.S. Partnership Returns of Income shall not be construed to extend expand the purposes of the Company or expand the obligations or liabilities of the Members.
Appears in 3 contracts
Samples: Contribution Agreement (Chevron Phillips Chemical Co LLC), Limited Liability Company Agreement (Chevron Phillips Chemical Co LLC), Limited Liability Company Agreement (Chevron Phillips Chemical Co LLC)
Tax Status and Returns. 9.3.1 (a) Any provision hereof to the contrary notwithstanding, solely for United States federal income tax purposes, each of the Members hereby recognizes that the Company may be is subject to the all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, that the filing of U.S. Partnership Returns of Income shall not be construed to extend expand the purposes of the Company or expand the obligations or liabilities of the Members.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Phillips 66), Limited Liability Company Agreement (Phillips 66), Consent Agreement (Phillips 66)
Tax Status and Returns. 9.3.1 (a) Any provision hereof to the contrary notwithstanding, solely for United States federal income tax purposes, each of the Members hereby recognizes that the Company may will be subject to the all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, the filing of U.S. Partnership Returns of Income shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the Members.
Appears in 2 contracts
Samples: Operating Agreement (Verenium Corp), Limited Liability Company Agreement (Diversa Corp)
Tax Status and Returns. 9.3.1 (a) Any provision hereof to the contrary notwithstanding, solely for United States federal income tax purposes, each of the Members hereby recognizes that the Company may be is subject to the all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; providedPROVIDED, howeverHOWEVER, that the filing of U.S. Partnership Returns of Income shall not be construed to extend expand the purposes of the Company or expand the obligations or liabilities of the Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Chevron Phillips Chemical Co Lp)
Tax Status and Returns. 9.3.1 Any provision hereof to the contrary notwithstanding, solely for United States federal income tax purposes, each of the Members hereby recognizes confirms that the Company may will be subject to the all provisions of Subchapter K of Chapter 1 I of Subtitle A of the Code; provided, however, the filing of U.S. Partnership Returns of Income shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the Members.
Appears in 1 contract
Tax Status and Returns. 9.3.1 (a) Any provision hereof to the contrary notwithstanding, solely for United States federal income tax purposes, each of the Members hereby recognizes that the Company may will be subject to the all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; providedPROVIDED, howeverHOWEVER, that the filing of U.S. Partnership Returns of Income shall not be construed to extend expand the purposes of the Company or expand the obligations or liabilities of the Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Phillips Petroleum Co)
