Common use of Member Tax Basis Clause in Contracts

Member Tax Basis. Upon request of the Board of Directors, each Member agrees to provide to the Board of Directors information regarding its adjusted tax basis in its interest in the Fund along with documentation substantiating such amount. THE UNDERSIGNED ACKNOWLEDGES HAVING READ THIS AGREEMENT IN ITS ENTIRETY BEFORE SIGNING, INCLUDING THE PRE-DISPUTE ARBITRATION CLAUSES SET FORTH IN SECTION 8.5 ON PAGE 28 AND THE CONFIDENTIALITY CLAUSES SET FORTH IN SECTION 8.10 ON PAGE 29-30.

Appears in 1 contract

Sources: Limited Liability Company Agreement (SCS Hedged Opportunities Fund, LLC)

Member Tax Basis. Upon request of the Board of Directors, each Member agrees to provide to the Board of Directors information regarding its adjusted tax basis in its interest in the Fund along with documentation substantiating such amount. THE UNDERSIGNED ACKNOWLEDGES HAVING READ THIS AGREEMENT IN ITS ENTIRETY BEFORE SIGNING, INCLUDING THE PRE-DISPUTE ARBITRATION CLAUSES SET FORTH IN SECTION 8.5 ON PAGE 28 AND THE CONFIDENTIALITY CLAUSES SET FORTH IN SECTION 8.10 ON PAGE 29-308.10.

Appears in 1 contract

Sources: Limited Liability Company Agreement (SCS Hedged Opportunities Master Fund, LLC)

Member Tax Basis. Upon request of the Board of Directors, each Member agrees to provide to the Board of Directors information regarding its adjusted tax basis in its interest in the Fund along with documentation substantiating such amount. THE UNDERSIGNED ACKNOWLEDGES HAVING READ THIS AGREEMENT IN ITS ENTIRETY BEFORE SIGNING, INCLUDING THE PRE-DISPUTE ARBITRATION CLAUSES SET FORTH IN SECTION 8.5 ON PAGE 28 PAGES [______] AND THE CONFIDENTIALITY CLAUSES SET FORTH IN SECTION 8.10 ON PAGE 29-30[____].

Appears in 1 contract

Sources: Limited Liability Company Agreement (SCS Hedged Opportunities Master Fund, LLC)