Tax Treatment of Company. It is the Member's express intention that the Company be treated as a disregarded entity for purposes of federal, state, and local income taxes as well as franchise and all other taxes to the extent permitted by law.
Appears in 46 contracts
Samples: Limited Liability Company Agreement (Honda Auto Receivables 2013-3 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2013-4 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2012-3 Owner Trust)