Partnership Treatment. It is intended that the Company shall be treated as a partnership for purposes of Federal, state and local income tax or other taxes, and the Members shall not take any position or make any election, in a tax return or otherwise, inconsistent with such treatment.
Appears in 9 contracts
Samples: Operating Agreement (Pacific Export Resources, LLC), Operating Agreement (Pacific Export Resources, LLC), Operating Agreement (Pacific Export Resources, LLC)
Partnership Treatment. It is intended that the Company The Partnership shall be treated as a partnership for purposes of Federal, state and local income tax or and other taxes, and the Members Partners shall not take any position or make any election, in a tax return or otherwise, inconsistent with such treatment.
Appears in 5 contracts
Samples: Partnership Agreement (Eacc Camps Inc), Partnership Agreement (Eacc Camps Inc), Partnership Agreement (Eacc Camps Inc)
