Tax Treatment of the Transaction. The Parties acknowledge and agree that for U.S. federal income tax purposes (and to the extent permitted for state and local income Tax purposes) to treat and report the transactions contemplated under this Agreement as follows:
Appears in 4 contracts
Samples: Membership Interests Contribution Agreement (MPLX Lp), Limited Liability Company Agreement (MPLX Lp), Contribution and Assumption Agreement (MPLX Lp)