Common use of TAXED AS PARTNERSHIP Clause in Contracts

TAXED AS PARTNERSHIP. The Members intend that the Company shall be treated as a partnership solely for federal, state and local tax purposes. Each Member and the Company shall file all tax returns and shall otherwise take all tax and financial reporting positions in a manner consistent with such treatment.

Appears in 5 contracts

Samples: Operating Agreement (Rentech Inc /Co/), Operating Agreement (Cotelligent Inc), Operating Agreement (E Sync Networks Inc)

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