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Common use of CODE SECTION 754 ELECTION Clause in Contracts

CODE SECTION 754 ELECTION. The Partnership has in effect an election under Code Section 754, and shall have in effect such an election for all subsequent taxable years.

Appears in 5 contracts

Sources: Limited Partnership Agreement (Artisan Partners Asset Management Inc.), Limited Partnership Agreement (Artisan Partners Asset Management Inc.), Limited Partnership Agreement (Artisan Partners Asset Management Inc.)

Related Clauses

  • Section 754 Election
  • Code Section 754 Adjustment
  • Code Section 754 Adjustments
  • Section 338 Election
  • Section 83(b) Election

Parent Clauses

  • Accounting and Records
  • Taxation
  • Tax Elections and Reporting
  • TAX MATTERS PARTNER
  • Books and Records Tax Capital Accounts Allocations

Sub-Clauses

  • Restrictions on Transfers
  • Substitute Members
  • ALLOCATION OF DISTRIBUTIONS BETWEEN ASSIGNOR AND ASSIGNEE
  • Notices
  • Entire Agreement
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