Corresponding Treatment if Foreign Adjustment. If any taxing authority outside the United States makes an adjustment to the income, deduction or loss of the Company or a Member (or an Affiliate of a Member) that is analogous to an adjustment under Code Section 482, the Board of Managers shall use commercially reasonable efforts to handle any affected items of the Company in a manner analogous to the treatment of an adjustment under Code Section 482 as set forth in Sections 6.4.4(a) and 6.4.4(b) above.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company (Advanced Micro Devices Inc), Limited Liability Company (Advanced Micro Devices Inc)
Corresponding Treatment if Foreign Adjustment. If any taxing authority outside the United States makes an adjustment to the income, deduction or loss of the Company or a Member (or an Affiliate of a Member) that is analogous to an adjustment under Code Section 482, the Board of Managers shall use commercially reasonable efforts to handle any affected items of the Company in a manner analogous to the treatment of an adjustment under Code Section 482 as set forth in Sections 6.4.4(a10.4.4(a) and 6.4.4(b10.4.4(b) above.
Appears in 2 contracts
Samples: Limited Liability Company (Photronics Inc), Limited Liability Company Operating Agreement (Photronics Inc)
