Distributive Shares for Tax Purposes. There shall be allocated to each Member for federal income tax purposes a separate distributive share of all Company income, gain, loss, deduction and credit as follows:
Appears in 4 contracts
Samples: Operating Agreement (Comstock Resources Inc), Limited Liability Company Agreement (Dorchester Minerals Lp), Contribution Agreement (Dorchester Minerals Lp)
Distributive Shares for Tax Purposes. There shall be allocated to each Member Partner for federal income tax purposes a separate distributive share of all Company Partnership income, gain, loss, deduction and credit as follows:
Appears in 2 contracts
Samples: Limited Partnership Agreement (Dorchester Minerals Lp), Contribution Agreement (Dorchester Minerals Lp)