LIMITS ON MEMBER LIABILITY Clause Samples

LIMITS ON MEMBER LIABILITY. For any taxable year for which such a return is filed that includes a Member, this Agreement shall be applied to all matters relating to the taxes relating to such return in a manner similar to and consistent with its application to federal income tax matters. Accordingly, a Member generally shall not be liable for any such taxes in an amount greater than the amount that would be due (computed, to the extent possible, under the assumptions and principles set forth above) if such taxes were not computed on a consolidated, combined, or unitary basis with any member of the Group.