Section 704 Allocations. Any special allocations necessary to comply with the requirements set forth in Section 704 of the Code and the corresponding Regulations, including the qualified income offset and minimum gain chargeback provisions contained therein, shall be made.
Appears in 3 contracts
Samples: Operating Agreement (Freedom Securities Corp /De/), Operating Agreement (Freedom Securities Corp /De/), Operating Agreement (Freedom Securiteis Corp /De/)
Section 704 Allocations. Any special allocations necessary to comply with the requirements set forth in Section section 704 of the Code and the corresponding Regulations, including the qualified income offset and minimum gain chargeback provisions contained therein, shall be made.
Appears in 1 contract
Samples: License Agreement (Simpson Manufacturing Co Inc /Ca/)