Common use of Tax Status, Elections and Modifications to Allocations Clause in Contracts

Tax Status, Elections and Modifications to Allocations. (a) Notwithstanding any provision contained in this Agreement to the contrary, solely for federal income tax purposes, each of the Members hereby recognizes that the Company will be subject to all provisions of Subchapter K of the Code; provided, however, that the filing of United States Company Returns of Income shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the Members.

Tax Status, Elections and Modifications to Allocations. (a) Notwithstanding any provision contained in this Agreement to the contrary, solely for federal income tax purposes, each of the Members hereby recognizes that the Company will be subject to all provisions of Subchapter K X of the Code; provided, however, that the filing of United States Company Returns of Income all required returns thereunder shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the Members.

Tax Status, Elections and Modifications to Allocations. (a) Notwithstanding any provision contained in this Agreement to the contrary, solely for federal income tax purposes, each of the Members Interest Owners hereby recognizes that the Company will be subject to all provisions of Subchapter K of the Code; provided, however, that the filing of United States Company Returns of Income all required returns thereunder shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the MembersInterest Owners.

Tax Status, Elections and Modifications to Allocations. (a) 9.3.1 Notwithstanding any provision contained in this Agreement to the contrary, solely for federal income tax purposes, each of the Members hereby recognizes that the Company will be subject to all provisions of Subchapter K of the Code; provided, however, that the filing of United States Company Returns of Income all required returns thereunder shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the Members.

Tax Status, Elections and Modifications to Allocations. (a) 1. Notwithstanding any provision contained in this Agreement to the contrary, solely for federal income tax purposes, each of the Members hereby recognizes that the Company will be subject to all provisions of Subchapter K of the Code; provided, however, that the filing of United States Company Returns of Income all required returns thereunder shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the Members.