Income Tax Allocations. (a) Except as provided in this Section 4.3, each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such items are allocated for Capital Account purposes under Section 4.1 and Section 4.2.
Appears in 12 contracts
Samples: Limited Liability Company Agreement (WildHorse Resource Development Corp), Limited Liability Company Agreement (Centennial Resource Development, Inc.), Limited Liability Company Agreement (WildHorse Resource Development Corp)
Income Tax Allocations. (a) Except as otherwise provided in this Section 4.34.5, for federal, state and local income tax purposes each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among to the Members in the same manner as such items are allocated for Capital Account book purposes under Section 4.1 and Section 4.2pursuant to this Article IV.
Appears in 9 contracts
Samples: Operating Agreement (Bloom Energy Corp), Operating Agreement (Bloom Energy Corp), Operating Agreement (Bloom Energy Corp)
Income Tax Allocations. (a) Except as provided in this Section 4.34.4, each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such items are allocated for Capital Account purposes under Section 4.1 and Section 4.2.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (RSP Permian, Inc.), Limited Liability Company Agreement (CorEnergy Infrastructure Trust, Inc.), Limited Liability Company Agreement (RSP Permian, Inc.)
Income Tax Allocations. (a) Except as provided in this Section 4.3, each item All items of income, gain, loss and deduction of the Company for U.S. federal income tax purposes shall be allocated among the Members in the same manner as such items are the corresponding item is allocated for Capital Account purposes under pursuant to Section 4.1 and 6.01 or Section 4.2A-4, except as otherwise provided in this Section A-4.
Appears in 8 contracts
Samples: Agreement (Frank's International N.V.), Agreement (Frank's International N.V.), Agreement (Frank's International N.V.)
Income Tax Allocations. (a) Except as provided in this Section 4.34.4, each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such items are allocated for Capital Account purposes under Section Sections 4.1 and Section 4.2.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Rice Energy Inc.), Limited Liability Company Agreement (Rice Energy Inc.), Limited Liability Company Agreement (Rice Energy Inc.)
Income Tax Allocations. (a) Except as otherwise provided in this Section 4.34.5, for federal, state and local income tax purposes each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among to the Members in the same manner as such items are allocated for Capital Account purposes under Section 4.1 and Section 4.2pursuant to this Article IV.
Appears in 2 contracts
Samples: Operating Agreement (Bloom Energy Corp), Operating Agreement (Bloom Energy Corp)
Income Tax Allocations. (a) Except as provided in this Section 4.35.3, each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such items are allocated for Capital Account book purposes under Section 4.1 and Section 4.25.2.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Greenway Technologies Inc)
Income Tax Allocations. (a) Except as provided in this Section 4.3, each item All items of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such items are the corresponding item is allocated for Capital Account purposes under pursuant to Sections 4.2 or 4.3, except as otherwise provided in this Section 4.1 and 4.4 or Section 4.24.5.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Talos Resources LLC)
