Section 754. All items of income, gain, loss, deduction and credit recognized by the Company for federal income tax purposes and allocated to the Members in accordance with the provisions hereof shall be determined without regard to any election under section 754 of the Code which may be made by the Company; provided, however, that such allocations, once made, shall be adjusted as necessary or appropriate to take into account those adjustments permitted or required by sections 734 and 743 of the Code.
Section 754. Any election by the Company under Section 754 of the Code to adjust the basis of the Company’s assets pursuant to Section 734 and Section 743 of the Code shall be made in the discretion of the Board. If such election is made, allocation of items of the Company’s income, gain, loss and deductions shall otherwise be made in a manner consistent with such allocation of basis in accordance with Section 734 and/or Section 743 of the Code, as the case may be, notwithstanding any other provision of this Agreement.
Section 754. The Tax Matters Representative will make an election under Code Section 754, if requested in writing by another Member.
Section 754. 30 Any District vehicle carrying a special education student must have a Bus Student Supervisor on board 31 if a Bus Student Supervisor requirement is specified in the student's Individualized Education Program 32 (IEP).
Section 754. 40 Permanent and temporary positions will be posted as required by Article XIII. Casual positions 41 will not be posted. Permanent and temporary positions will be made available to permanent 42 bargaining unit employees. Casual positions will not.
Section 754. All items of income, gain, loss, deduction and credit recognized by the Partnership for federal income tax purposes and allocated by the Partners in accordance with the provisions hereof shall be determined without regard to any election under section 754 of the Code which may be made by the Partnership; provided, however, that such allocations, once made, shall be adjusted as necessary or appropriate to take into account those adjustments permitted or required by sections 734 and 743 of the Code.
Section 754. If an election under Code Section 754 is in effect with respect to the interest of any Member, the allocation of items of income, deduction, gain or loss shall be governed by the regulations thereunder, but such allocation shall not be reflected on the Company books.
Section 754. 6 All trips will be bid on a continuously rotating seniority basis with the most senior driver and 7 continuing on down the seniority list to the least senior driver. At the bidding meetings, 8 beginning with the most senior driver, each driver may choose two (2) trips from the list as a 9 beginning bid. All remaining trips will be bid, in order, one at a time through the remainder of 10 the list by seniority. New drivers will be able to bid on all extra-curricular trips, though the
Section 754. The Manager may cause the Company to file an election under IRC § 754 to cause the basis of Company Property to be adjusted for federal income tax purposes as provided in IRC §§ 734 and 743.
Section 754. To the extent that an adjustment to the adjusted tax basis of any Partnership asset pursuant to Code Section 734(b) or Code Section 743(b) is required, pursuant to Treasury Regulations Section 1.704-1(b)(2)(iv)(m)(2) or Treasury Regulations Section 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts, the amount of such adjustment to the Capital Accounts will be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis), and such gain or loss will be specially allocated to the Partners in a manner consistent with the manner in which the Capital Accounts are required to be adjusted pursuant to Treasury Regulations Section 1.704-1(b)(2)(iv)(m).
