Limited Application. Allocations pursuant to this Section 4.4 are solely for purposes of federal, state and local taxes and shall not affect or in any way be taken into account in computing any Member’s Capital Account or share of Profits, Losses, other items or distributions pursuant to any provision of this Agreement.
Appears in 6 contracts
Sources: Limited Liability Company Agreement (Emdeon Corp), Limited Liability Company Agreement (Emdeon Inc.), Limited Liability Company Agreement (HLTH Corp)
Limited Application. Allocations pursuant to this Section 4.4 3.5 ----------- are solely for purposes of federal, state and local taxes and shall not affect or in any way be taken into account in computing any Member’s 's Capital Account or share of Profits, Losses, other items or distributions pursuant to any provision of this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Agreement (St John Knits Inc)