Common use of Tax Status of Company Clause in Contracts

Tax Status of Company. So long as the Company has only one member, the Company shall be disregarded as an entity separate from the Member as provided in Treasury Regulation Section 301.7701-3(b), as hereafter amended or supplemented.

Appears in 17 contracts

Samples: Limited Liability Company Agreement (Barcom China Holdings, LLC), Limited Liability Company Operating Agreement (Barcom China Holdings, LLC), Operating Agreement of Linear LLC (Barcom China Holdings, LLC)

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Tax Status of Company. So long as the Company has only one member, the Company shall be disregarded as an entity separate from the Member as provided in Treasury Regulation Section 301.7701-3(b301.7701 -3(b), as hereafter amended or supplemented.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Barcom China Holdings, LLC), Limited Liability Company Agreement (Broan-NuTone LLC)

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Tax Status of Company. So long as the Company has only one member, the Company shall be disregarded as an entity separate from the Member as provided in Treasury Regulation Section 301.7701-3(b301.770l-3(b), as hereafter amended or supplemented.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Aigis Mechtronics, Inc.)

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