Common use of Federal Tax Elections and Allocations Clause in Contracts

Federal Tax Elections and Allocations. Without changing the effect of SECTION 4.1, the relationship of the Participants shall constitute a tax partnership within the meaning of Section 761(a) of the United States Internal Revenue Code of 1986, as amended. Tax elections and allocations shall be made as set forth in EXHIBIT C.

Appears in 2 contracts

Samples: Agreement (Gryphon Gold Corp), Agreement (Golden Phoenix Minerals Inc /Mn/)

AutoNDA by SimpleDocs

Federal Tax Elections and Allocations. Without changing the effect of SECTION Section 4.1, the Participants. agree that their relationship of the Participants shall constitute a tax partnership within the meaning of Section 761(a) of the United States Internal Revenue Code of 19861954, as amendedamendedThe Company shall be treated as a partnership for federal income tax purposes. Tax elections and allocations shall be made as set forth in EXHIBIT Exhibit C.

Appears in 1 contract

Samples: Venturelimited Liability Company Agreement

Federal Tax Elections and Allocations. Without changing the effect of SECTION clause 4.1, the relationship of the Participants shall constitute a tax partnership within the meaning of Section 761(a) of the United States Internal Revenue Code of 1986, as amended. Tax elections and allocations shall be made as set forth in EXHIBIT C.Appendix E. In the event of a conflict between the Agreement and Appendix E, then the terms of Appendix E shall control.

Appears in 1 contract

Samples: Joint Venture Agreement (Augusta Resource CORP)

Federal Tax Elections and Allocations. Without changing the effect of SECTION Section 4.1, the relationship of the Participants shall constitute a tax partnership within the meaning of Section 761(a) of the United States Internal Revenue Code of 1986, as amended. Tax elections and allocations shall be made as set forth in EXHIBIT Exhibit C.

Appears in 1 contract

Samples: Operating Agreement (Royal Gold Inc /De/)

Federal Tax Elections and Allocations. Without changing the effect of SECTION Section 4.1, the relationship of the Participants shall constitute a tax partnership within the meaning of Section 761(a) of the United States Internal Revenue Code of 1986, as amended. Tax elections and allocations shall be made as set forth in EXHIBIT Exhibit C.

Appears in 1 contract

Samples: Operating Agreement (Canyon Resources Corp)

Federal Tax Elections and Allocations. Without changing the effect of SECTION Section 4.1, the relationship of the Participants shall constitute a tax partnership within the meaning of Section 761(a) of the United States Internal Revenue Code of 1986, as amended. Tax elections and allocations shall be made as set forth in EXHIBIT C.Exhibit C. TABLE OF CONTENTS (continued) Page

Appears in 1 contract

Samples: Development and Operating Agreement (Apollo Gold Corp)

Federal Tax Elections and Allocations. Without changing the effect of SECTION 4.1Section 4.1 , the relationship of the Participants shall constitute a tax partnership within the meaning of Section 761(a) of the United States Internal Revenue Code of 1986, as amended. Tax elections and allocations shall be made as set forth in EXHIBIT Exhibit C.

Appears in 1 contract

Samples: Venture Agreement (Uranerz Energy Corp.)

AutoNDA by SimpleDocs

Federal Tax Elections and Allocations. Without changing the effect of SECTION Section 4.1, the Participants agree that their relationship of the Participants shall constitute a tax partnership within the meaning of Section 761(a) of the United States Internal Revenue Code of 1986, as amended. Tax elections and allocations shall be made as set forth in EXHIBIT Exhibit C.

Appears in 1 contract

Samples: Mining Venture Agreement (Novagold Resources Inc)

Federal Tax Elections and Allocations. Without changing the effect of SECTION -------------------------------------- Section 4.1, the Participants agree that their relationship of the Participants shall constitute a tax partnership within the meaning of Section 761(a) of the United States Internal Revenue Code of 19861954, as amended. Tax elections and allocations shall be made as set forth in EXHIBIT Exhibit C.

Appears in 1 contract

Samples: Mining Venture Agreement (Western Goldfields Inc)

Federal Tax Elections and Allocations. Without changing the effect of SECTION 4.1Section 4.01, the Participants agree that their relationship of the Participants shall constitute a tax partnership within the meaning of Section 761(a) of the United States Internal Revenue Code of 1986, as amended. Tax elections and allocations shall be made as set forth in EXHIBIT Exhibit C.

Appears in 1 contract

Samples: Mining Venture Agreement (Teryl Resources Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.