Common use of Distributive Shares for Tax Purposes Clause in Contracts

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)

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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)

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