Taxation as a Partnership. It is the intent of the Company and its Members that the Company be treated as a partnership for income tax purposes, and the terms of this Agreement shall be construed so as to accomplish that goal, and the Members will use best efforts to cause the Company to be so treated.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Comstock Holding Companies, Inc.), Limited Liability Company Agreement (Sunrise Assisted Living Inc), Limited Liability Company Agreement (Sunrise Assisted Living Inc)
Taxation as a Partnership. It is the intent of the Company and its Members that the Company be treated as a partnership for income tax purposes, and the terms of this Agreement shall be construed so as to accomplish that goal, and the Members will use best efforts to cause the . The Company shall not elect to be so treatedtreated other than as a partnership for federal income tax purposes without the prior written consent of all Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Berkshire Income Realty Inc)
Taxation as a Partnership. It is the intent of the Company and its Members that the Company be treated as a partnership for income tax purposes, and the terms of this Agreement shall be construed so as to accomplish that goal, goal and the Members will use their best efforts to cause the Company to be so treated.
Appears in 1 contract
Samples: Operating Agreement (Cb Richard Ellis Corporate Facilities Management Inc)
Taxation as a Partnership. It is the intent of the Company and its Members that the Company be treated as a partnership for income tax purposes, and the terms of this Agreement shall be construed so as to accomplish that goal, and the Members . The Managing Member will use its reasonable best efforts to cause the Company to be so treated.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Retail Opportunity Investments Corp)
Taxation as a Partnership. It is the intent intention of the Company and its Members that to have the Company be treated as a partnership for federal and state income tax purposes, and the terms of this Agreement shall be construed so as to accomplish that goal, and the Members will use best efforts to cause the Company to be so treated.
Appears in 1 contract
Samples: Operating Agreement
Taxation as a Partnership. It is the intent of the Company and its Members that the Company be treated as a partnership for income tax purposes, and the terms of this Agreement shall be construed so as to accomplish that goal, and the Members will use their best efforts to cause the Company to be so treated.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Boykin Lodging Co)
