Common use of Calculation of Assumed Tax Liability Clause in Contracts

Calculation of Assumed Tax Liability. For purposes of calculating the amount of each Member’s Tax Distributions under ‎Section 3.2(a), a Member’s “Assumed Tax Liability” means an amount equal to the product of:

Appears in 7 contracts

Samples: Limited Liability Company Agreement (HNR Acquisition Corp.), Letter Agreement (CENAQ Energy Corp.), Limited Liability Company Agreement (NUSCALE POWER Corp)

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Calculation of Assumed Tax Liability. For purposes of calculating the amount of each Member’s Tax Distributions under ‎Section Section 3.2(a), a Member’s “Assumed Tax Liability” means an amount equal to the product of:

Appears in 4 contracts

Samples: Letter Agreement (ESGEN Acquisition Corp), Limited Liability Company Agreement (Viant Technology Inc.), Letter Agreement (ESGEN Acquisition Corp)

Calculation of Assumed Tax Liability. For purposes of calculating the amount of each Member’s Tax Distributions under ‎Section 3.2(a), a Designated Member’s “Assumed Tax Liability” means an amount equal to the product of:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Founder SPAC), Limited Liability Company Agreement (Rubicon Technologies, Inc.)

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Calculation of Assumed Tax Liability. For purposes of calculating the amount of each Common Member’s Tax Distributions under ‎Section Section 3.2(a), a Common Member’s “Assumed Tax Liability” means an amount equal to the product of:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Zeo Energy Corp.)

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