Common use of Limitations on Tax Distributions Clause in Contracts

Limitations on Tax Distributions. The amount to be distributed to a Member as a Tax Distribution in respect of any fiscal Year shall be computed as if any prior distributions made pursuant to Section 6.1 during such Fiscal Year were a Tax Distribution in respect of such fiscal Year. The amount of a Tax Distribution shall take into account any other tax amounts withheld or paid with respect to such Member in accordance with Section 6.3.

Appears in 5 contracts

Samples: Letter Agreement (Bioceres S.A.), Letter Agreement (Bioceres S.A.), Letter Agreement (Bioceres S.A.)

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Limitations on Tax Distributions. The amount to be distributed to a Member as a Tax Distribution in respect of any fiscal Fiscal Year shall be computed as if any prior distributions made pursuant to Section 6.1 during such Fiscal Year were a Tax Distribution in respect of such fiscal Fiscal Year. The amount of a Tax Distribution shall take into account any other tax amounts withheld or paid with respect to such Member in accordance with Section 6.3.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (MSW Energy Hudson LLC), Limited Liability Company Agreement (MSW Energy Finance Co Inc)

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Limitations on Tax Distributions. The amount to be distributed to a Member as a Tax Distribution in respect of any fiscal Fiscal Year shall be computed as if any prior distributions made pursuant to Section 6.1 5.1 during such Fiscal Year were a Tax Distribution in respect of such fiscal Fiscal Year. The amount of a Tax Distribution shall take into account any other tax amounts withheld or paid with respect to such Member in accordance with Section 6.3.

Appears in 2 contracts

Samples: Operating Agreement (World Tree Usa, LLC), Operating Agreement (World Tree Usa, LLC)

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