Certain Accounting Matters. For purposes of determining Tax Book Profit, Tax Book Loss or any other items allocable to any period, such items shall be determined on a daily, monthly or other basis, as determined by the Board of Managers using any permissible method under Section 706 of the Code and the Treasury Regulations promulgated thereunder.
Appears in 7 contracts
Samples: Limited Liability Partnership Agreement (Delphi Automotive PLC), Limited Liability Company Operating Agreement (Gmac LLC), Limited Liability Company Operating Agreement (Gmac LLC)
Certain Accounting Matters. For purposes of determining Tax Book Profit, Tax Book Loss or any other items allocable to any period, such items shall be determined on a daily, monthly or other basis, as determined by the Board of Managers Managing Member using any permissible method under Section 706 of the Code and the Treasury Regulations promulgated thereunder.
Appears in 1 contract
Samples: Limited Liability Partnership Agreement (Delphi Trade Management, LLC)
