Common use of Taxable Gain or Loss Clause in Contracts

Taxable Gain or Loss. Taxable income, gain and loss from the sale or distribution of Company property incurred upon or during liquidation and termination of the Company shall be allocated to the Members as provided in Section 6.08 above.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Delta Mine Holding CO), Operating Agreement (Delta Mine Holding CO)

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Taxable Gain or Loss. Taxable income, gain and loss from the sale or distribution of Company property incurred upon or during liquidation and termination of the Company shall be allocated to the Members as provided in Section 6.08 10.04 above.

Appears in 1 contract

Samples: Operating Agreement

Taxable Gain or Loss. Taxable income, gain and loss from the sale or distribution of Company the Company’s property incurred upon or during liquidation and termination of the Company shall be allocated to the Members as provided in Section 6.08 above9.

Appears in 1 contract

Samples: Operating Agreement (Tempus Applied Solutions Holdings, Inc.)

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Taxable Gain or Loss. Taxable income, gain and loss from the sale or distribution of Company property incurred upon or during liquidation and termination of the Company shall be allocated to the Members as provided in Section 6.08 6.06 above.

Appears in 1 contract

Samples: Operating Agreement

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