Common use of Income Tax Provisions Clause in Contracts

Income Tax Provisions. The Interest Holders are aware of the income tax consequences of this Article 4 and agree to be bound by these provisions in reporting their shares of Profit, Losses and other items for federal and state income tax purposes.

Appears in 3 contracts

Samples: Operating Agreement (InSight Imaging Services Corp.), Operating Agreement (InSight Imaging Services Corp.), Operating Agreement (InSight Imaging Services Corp.)

AutoNDA by SimpleDocs

Income Tax Provisions. The Interest Holders are aware of the income tax consequences of this Article 4 IV and agree to be bound by these provisions in reporting their shares of Profit, Losses Losses, and other items for federal and state income tax purposes.

Appears in 1 contract

Samples: Member Managed Operating Agreement (O Gara Co)

AutoNDA by SimpleDocs

Income Tax Provisions. The Interest Holders are aware of the income tax consequences of this Article 4 IV and agree to be bound by these provisions in reporting their shares of Profit, Losses Loss and other items for federal federal, state and state local income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (Hunting Dog Capital Corp.)

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