Common use of Taxation as a Partnership Clause in Contracts

Taxation as a Partnership. The Company shall elect to be treated as a partnership for U.S. federal and state income tax purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (RJR Packaging, LLC)

AutoNDA by SimpleDocs

Taxation as a Partnership. The Company shall elect to be treated as a ----------- -------------------------- partnership for U.S. federal and state income tax purposes.

Appears in 1 contract

Samples: Limited Partnership Agreement (Hersha Hospitality Trust)

Taxation as a Partnership. The Company shall elect to be treated as a partnership for U.S. federal tax purposes and each Member agrees not to take any action inconsistent with the Company's classification as a partnership for U.S. federal, state income or local tax purposes.

Appears in 1 contract

Samples: Operating Agreement (Sterling Construction Co Inc)

AutoNDA by SimpleDocs

Taxation as a Partnership. The Company shall elect to be treated as a partnership for U.S. United States federal tax purposes and each Member agrees not to take any action inconsistent with the Company's classification as a partnership for United States federal, state income or local tax purposes.

Appears in 1 contract

Samples: Operating Agreement (Wynn Resorts LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!