Common use of Special Allocation Provisions Clause in Contracts

Special Allocation Provisions. 1. For purposes of determining the amount of gain or loss to be allocated pursuant to Article VI of the LLC Agreement, any basis adjustments permitted pursuant to Section 743 of the Code shall be disregarded.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Plug Power Inc), Limited Liability Company Agreement (Plug Power Inc), Limited Liability Company Agreement (Plug Power Inc)

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Special Allocation Provisions. 1. For purposes of determining the amount of gain or loss to be allocated pursuant to Article VI V of the LLC Agreement, any basis adjustments permitted pursuant to Section 743 of the Code shall be disregarded.

Appears in 3 contracts

Samples: Operating Agreement (BHNA Holdings Inc.), Operating Agreement (Medic Systems Inc), Operating Agreement (Navtrans International Freight Forwarding Inc)

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