Common use of TIER PARTNERSHIPS Clause in Contracts

TIER PARTNERSHIPS. Rules similar to those stated in this Article will ----------------- apply to the extent the Company is an owner of an interest in another Person which is classified as a partnership for federal income tax purposes, all in accordance with the (S) 704(b) Regulations.

Appears in 5 contracts

Samples: Operating Agreement (FLN Finance Inc), Operating Agreement (FLN Finance Inc), Operating Agreement (FLN Finance Inc)

AutoNDA by SimpleDocs

TIER PARTNERSHIPS. Rules similar to those stated in this Article will ----------------- apply to the extent the Company is an owner of an interest in another Person which that is classified as a partnership for federal income tax purposes, all in accordance with the (S) Section 704(b) Regulations.

Appears in 2 contracts

Samples: Operating Agreement (Tci Satellite Entertainment Inc), Operating Agreement (Tci Satellite Entertainment Inc)

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