Treatment as Purchase Under Section 741. The Class A Limited Members agree to treat the Transfer of the Class A Limited Membership Interests to the Managing Member pursuant to this Section 11.8 as a purchase and sale under Code Section 741 and not as a retirement under Code Section 736.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (General Mills Inc), Limited Liability Company Agreement (General Mills Inc), Limited Liability Company Agreement (General Mills Inc)
Treatment as Purchase Under Section 741. The Class A Limited Members agree to treat the Transfer of the Class A Limited Membership Members’ Interests to the Managing Member Electing Members pursuant to this Section 11.8 14.03 as a purchase and sale under Code Section 741 of the Code and not as a retirement under Code Section 736736 of the Code.
Appears in 2 contracts
Samples: Partnership Agreement (Ims Health Inc), Agreement (Ims Health Inc)
Treatment as Purchase Under Section 741. The Class A Limited Members agree to treat the Transfer of the Class A Limited Membership Interests to the Managing Member Company pursuant to this Section 11.8 15.1 as a purchase and sale under Code Section 741 and not as a retirement under Code Section 736.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (At&t Inc.), Limited Liability Company Agreement (At&t Inc.)
Treatment as Purchase Under Section 741. The Class A B Limited Members agree to treat the Transfer of the Class A Limited Membership Interests to the Managing Member pursuant to this Section 11.8 11.9 as a purchase and sale under Code Section 741 and not as a retirement under Code Section 736.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (General Mills Inc), Limited Liability Company Agreement (General Mills Inc)
Treatment as Purchase Under Section 741. The Class A B Limited Members agree to treat the Transfer of the Class A Limited Membership Interests to the Managing Member pursuant to this Section 11.8 11.9 as a purchase and sale under Code Section 741 and not as a retirement under Code Section 736.. 116
Appears in 1 contract
Samples: Limited Liability Company Agreement (General Mills Inc)