Common use of Tax Status; Elections Clause in Contracts

Tax Status; Elections. Notwithstanding any provision hereof to the contrary, solely for purposes of the United States federal income tax laws, the Member hereby recognizes that the Company will be subject to 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 Member.

Appears in 43 contracts

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC)

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Tax Status; Elections. Notwithstanding any provision hereof to the contrary, solely for purposes of the United States federal income tax laws, each of the Member Members hereby recognizes that the Company will be subject to 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 MemberMembers.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Operating Agreement (CBL/Regency I, LLC)

Tax Status; Elections. Notwithstanding any provision hereof to the contrary, each of the Members hereby recognizes that, solely for purposes of the United States federal income tax laws, the Member hereby recognizes that the Company will be subject to all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, that the filing of U.S. Partnership Company Returns of Income shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the MemberMembers.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (CBL & Associates Limited Partnership), Limited Liability Company Agreement (CBL & Associates Limited Partnership), Limited Liability Company Agreement (CBL & Associates Limited Partnership)

Tax Status; Elections. Notwithstanding any provision hereof to the contrary, solely for purposes of the United States federal income tax laws, the Member Members hereby recognizes recognize that the Company will be subject to 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 MemberMembers.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Operating Agreement (CBL/Regency I, LLC)

Tax Status; Elections. Notwithstanding any provision hereof to the contrary, solely for purposes of the United States federal income tax laws, each of the Member Members hereby recognizes that the Company will be subject to all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, the filing of a U.S. Partnership Returns Return of Income shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the MemberMembers.

Appears in 2 contracts

Samples: Operating Agreement (Enterprise Financial Services Corp), Operating Agreement (Brimfield Precision LLC)

Tax Status; Elections. Notwithstanding any provision hereof to the contrarycontrary each of the Members hereby recognizes that, solely for purposes of the United States federal income tax laws, the Member hereby recognizes that the Company will be subject to all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, that the filing of U.S. Partnership Company Returns of Income shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the MemberMembers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CBL & Associates Limited Partnership)

Tax Status; Elections. Notwithstanding any provision hereof to the contrary, solely Solely for purposes of the United States federal income tax laws, each of the Member hereby Members recognizes that the Company will be subject to all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, the . The filing of U.S. Partnership Returns of Income Income, however, shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the MemberMembers.

Appears in 1 contract

Samples: Operating Agreement (Southwest General Hospital Lp)

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Tax Status; Elections. Notwithstanding any provision hereof to the contrary, each of the Member hereby recognizes that, solely for purposes of the United States federal income tax laws, the Member hereby recognizes that the Company will be subject to all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, that the filing of U.S. Partnership Company Returns of Income shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the MemberMembers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CBL & Associates Limited Partnership)

Tax Status; Elections. Notwithstanding any provision hereof to the contrary, solely for purposes of the United States federal income tax lax laws, each of the Member Members hereby recognizes that the Company will be subject to 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 MemberMembers.

Appears in 1 contract

Samples: Operating Agreement (CBL & Associates Limited Partnership)

Tax Status; Elections. Notwithstanding any provision hereof to the contrary, solely for purposes of the United States federal income tax laws, the Member hereby recognizes that the Company will be subject to all provisions of Subchapter K of Chapter 1 of Subtitle A of the Code; provided, however, the filing of U.S. Partnership Property Owner Returns of Income shall not be construed to extend the purposes of the Company or expand the obligations or liabilities of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC)

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