Common use of UBTI Clause in Contracts

UBTI. Subject to the obligations of the West▇▇▇▇▇ ▇▇▇bers pursuant to Section 2.6, the Company will use its best efforts to avoid the incurrence of any UBTI by any Member.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Alter Robert A), Limited Liability Company Agreement (Westbrook Real Estate Partners LLC)

UBTI. Subject to the obligations of the West▇▇▇▇▇▇▇▇▇ ▇▇▇bers ---- Members pursuant to Section 2.6, the Company will use its best efforts to avoid the incurrence of any UBTI by any Member.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Sunstone Hotel Investors Inc)