Common use of Federal Tax Elections and Allocations Clause in Contracts

Federal Tax Elections and Allocations. The Company shall be treated as a partnership for federal income tax purposes, and no Member shall take any action to alter such treatment. Tax elections and allocations shall be made as set forth in Exhibit C.

Appears in 5 contracts

Samples: Technical Services Agreement (U S Gold Corp), Operating Agreement (U S Gold Corp), Members Agreement (U S Gold Corp)

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Federal Tax Elections and Allocations. The Company shall be treated as a partnership for federal income tax purposes, and no Member shall take any action to alter such treatment. Tax elections and allocations shall be made as set forth in Exhibit C.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Contango ORE, Inc.), Limited Liability Company Agreement (General Moly, Inc)

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Federal Tax Elections and Allocations. The Company shall be treated as a partnership for federal income tax purposes, and no Member shall take any action to alter such treatment. Tax elections and allocations shall be made as set forth in Exhibit C.B.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Trilogy Metals Inc.)

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