Common use of Federal Income Tax Elections Clause in Contracts

Federal Income Tax Elections. The decision to make or not make any other election that is described in the Code including, without limitation, a Section 754 election, shall be made in the discretion of the General Partner.

Appears in 11 contracts

Samples: Partnership Agreement (Jni Corp), Partnership Agreement (Miller Lloyd I Iii), Partnership Agreement (Miller Lloyd I Iii)

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Federal Income Tax Elections. The decision to make or not ---------------------------- make any other election that is described in the Code including, without limitation, a Section 754 election, shall be made in the discretion of the General Partner.

Appears in 2 contracts

Samples: Partnership Agreement (Aldila Inc), Partnership Agreement (Aldila Inc)

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