Common use of Taxation as Partnership Clause in Contracts

Taxation as Partnership. The Company shall be treated as a "partnership" for Federal and state income tax purposes. All provisions of this Agreement and the Articles shall be construed and applied so as to preserve that tax status. 8.5

Appears in 2 contracts

Samples: Operating Agreement (First American Capital Corp /Ks), Operating Agreement (First American Capital Corp /Ks)

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Taxation as Partnership. The Company shall will be treated as a "partnership" for Federal and state income tax purposes. All provisions of this Agreement and the Articles shall Certificate will be construed and applied so as to preserve that tax status. 8.5.

Appears in 2 contracts

Samples: Operating Agreement (Wizard World, Inc.), Limited Liability Company Agreement (IMH Financial Corp)

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Taxation as Partnership. The Company Partnership shall be treated as a "partnership" for Federal and state income tax purposes. All provisions of this Agreement and the Articles Certificate shall be construed and applied so as to preserve that tax status. 8.5.

Appears in 1 contract

Samples: Limited Partnership Agreement (Innsuites Hospitality Trust)

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