CODE SECTION 754 ELECTION. The Company shall make the election provided for under Code Section 754 for the first Fiscal Year during which there is an Exchange pursuant to Section 9.1 or earlier, if determined to be in the best interest of the Company and its Members by RHI Inc. and such election shall not be revoked.
Appears in 3 contracts
Sources: Limited Liability Company Operating Agreement (RHI Entertainment, Inc.), Limited Liability Company Operating Agreement (RHI Entertainment, Inc.), Limited Liability Company Operating Agreement (RHI Entertainment, Inc.)