Sale or Assignment. The Members agree that if either one of them makes a sale or assignment of its Ownership Interest under the Agreement, and such sale or assignment causes a termination under Section 708(b)(1)(B) of the Code, the terminating Member shall indemnify the non-terminating Member and save it harmless on an after-tax basis for any increase in taxes to the non-terminating Member caused by the termination of the Company. 19 Exhibit D Lincoln Hill LLC Operating Agreement
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Sale or Assignment. The Members agree that if either one of them makes a sale or assignment of its Ownership Membership Interest under the Agreement, and such sale or assignment causes a termination under Section 708(b)(1)(B) of the Code, the terminating Member shall indemnify the non-terminating Member and save it harmless on an after-tax basis for any increase in taxes to the non-terminating Member caused by the termination of the Company. 19 Exhibit D Lincoln Hill LLC Operating Agreement.
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Samples: Operating Agreement (Crosshair Exploration & Mining Corp)
Sale or Assignment. The Members agree that if either one of them If a Member makes a sale or assignment of its Ownership Interest under the Agreement, and such sale or assignment causes a termination under Section 708(b)(1)(B708(b) (1) (B) of the Code, the terminating Member shall indemnify the non-terminating Member and save it harmless on an after-tax basis for any increase in taxes to the non-terminating Member caused by the termination such termination. EXHIBIT D to LIMITED LIABILITY COMPANY OPERATING AGREEMENT of the Company. 19 Exhibit D Lincoln Hill CIBOLA RESOURCES LLC Operating AgreementDEFINITIONS
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Sale or Assignment. The Members agree that if either one of them makes a sale or assignment of its Ownership Interest under the Agreement, and such sale or assignment causes a termination under Section 708(b)(1)(B) of the Code, the terminating Member shall indemnify the non-terminating Member and save it harmless on an after-tax basis for any increase in taxes to the non-terminating Member caused by the termination of the Company. 19 Exhibit D Lincoln Hill HHLP Project LLC Operating AgreementAgreement Definitions
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Sale or Assignment. The Members agree that if either one of them makes a sale or assignment of its Ownership Interest under the Agreement, and such sale or assignment causes a termination under Section 708(b)(1)(B) of the Code, the terminating Member shall indemnify the non-terminating Member and save it harmless on an after-tax basis for any increase in taxes to the non-terminating Member caused by the termination of the Company. 19 Exhibit EXHIBIT D Lincoln Hill LLC Operating AgreementTO EXPLORATION, DEVELOPMENT AND MINING LIMITED LIABILITY COMPANY OPERATING AGREEMENT By And Between BMGE And
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Samples: Members' Agreement (Battle Mountain Gold Exploration Corp.)
Sale or Assignment. The Members agree that if either one of them makes a sale or assignment of its Ownership Interest under the Agreement, and such sale or assignment causes a termination under Section 708(b)(1)(B) of the Code, the terminating Member shall indemnify the non-terminating Member and save it harmless on an after-tax basis for any increase in taxes to the non-terminating Member caused by the termination of the Company. 19 Exhibit EXHIBIT D Lincoln Hill LLC Operating AgreementNET PROCEEDS CALCULATION
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Samples: Limited Liability Company Agreement
Sale or Assignment. The Members agree that if either one of them makes a sale or assignment of its Ownership Interest under the AgreementMembership Interest, and such sale or assignment causes a termination under Section 708(b)(1)(B) of the Code, the terminating Member shall indemnify the non-terminating Member and save it harmless on an after-tax basis for any increase in taxes to the non-terminating Member caused by the termination of the Company. 19 Exhibit D Lincoln Hill LLC Operating Agreement.
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