Examples of Section 704(c) Allocations in a sentence
Section 2.1. Basis Adjustments and Section 704(c) Allocations; The LLC 754 Election.
The aim of this chapter was to look at the features of religious institutions in Indonesia - with an emphasis on the pesantren tradition – and to look at the way they evolved throughout the years.
Amendments to Appendix C following any issuance, redemption, repurchase, reallocation or Transfer of Units in accordance with this Agreement, and any amendments made pursuant to Appendix B (other than Section 118 (Section 704(c) Allocations) or Section 120 (Warrant or Option) or Appendix C may be made by the Company with the consent of the Members holding a majority of the outstanding Series A Preferred Units.
Except as otherwise required by law, all calculations and determinations made hereunder, including, without limitation, any Basis Adjustments, Reverse Section 704(c) Allocations, the Schedules, and the determination of any Realized Tax Benefits or Realized Tax Detriments, shall be made in accordance with the elections, methodologies or positions taken by the Corporation and Xxxx Holdings on their respective Tax Returns.
All calculations and determinations made hereunder, including, without limitation, any Basis Adjustments, Reverse Section 704(c) Allocations, the Schedules, and the determination of any Realized Tax Benefits or Realized Tax Detriments, shall be made in accordance with the elections, methodologies or positions taken by the Corporation and Xxxx Holdings on their respective Tax Returns.
Section 901(m) Not to Apply by Reason of Section 704(c) or Reverse Section 704(c) Allocations.
Section 6.1. Allocations of Tax Book Profits and Tax Book Losses 29 Section 6.2. Allocations for Tax Purposes 30 Section 6.3. Certain Accounting Matters 30 Section 6.4. Section 704(c) Allocations 30 Section 6.5. Qualified Income Offset 30 Section 6.6. Gross Income Allocation 31 Section 6.7. LLP Minimum Gain Chargeback 31 Section 6.8. Member Nonrecourse Debt Minimum Gain Chargeback 31 Section 6.9. Limitations on Tax Book Loss Allocations 31 Section 6.10.
BRC shall elect the method ---------------------------------- under which Reverse Section 704(c) Allocations will be made for each item of property whose Asset Value is so adjusted.
Details for amounts not collected, spoiled, or stolen must be maintained.
The Managing Member shall elect the method under which Reverse Section 704(c) Allocations will be made for each item of Property whose Gross Asset Value is adjusted.