Common use of Status of the Company Clause in Contracts

Status of the Company. The Members acknowledge that this Agreement creates a partnership for federal income tax purposes. Furthermore, the Members hereby agree not to elect to be excluded from the application of Subchapter K of Chapter 1 of Subtitle A of the Code or any similar state statute.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (DISH Network CORP), Limited Liability Company Agreement (DISH Network CORP), Limited Liability Company Agreement (DISH Network CORP)

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Status of the Company. The Members acknowledge that this Agreement creates a partnership for federal and state income tax purposes (and only for such purposes. Furthermore), the Members and hereby agree not to elect to be excluded from the application of Subchapter K of Chapter 1 of Subtitle A of the Code or any similar state statute.

Appears in 12 contracts

Samples: Limited Liability Company Operating Agreement (Helpful Alliance Co), Limited Liability Company Agreement (Urs Corp /New/), Joinder Agreement

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Status of the Company. The Members acknowledge that this Agreement --------------------- creates a partnership for federal and state income tax purposes (and only for such purposes. Furthermore, the Members ) and hereby agree not to elect to be excluded from the application of Subchapter K of Chapter 1 of Subtitle A of the Code or any similar state statute.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Point West Capital Corp), Limited Liability Company Agreement (Point West Capital Corp)

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