Common use of Change in Member's Interest Clause in Contracts

Change in Member's Interest. (1) If during any fiscal year of the Company there is a change in any Member's Membership Interest, then for purposes of complying with IRC Section 706(d), the determination of Company items allocable to any period shall be made by using any method permissible under IRC Section 706(d) and the Regulations thereunder as may be determined by the Managers. (2) The Members agree to be bound by the provisions of this Section 6.10(b) in reporting their shares of Company income, gain, loss, and deduction for tax purposes.

Change in Member's Interest. (1i) If during any fiscal year Fiscal Year of the Company there is a change in any Member's Membership Interest, then for purposes of complying with IRC Section 706(d), the determination of Company items allocable to any period shall be made by using any method permissible under IRC Section 706(d) and the Regulations thereunder as may be determined by closing of the Managersbooks method. (2ii) The Members agree to be bound by the provisions of this Section 6.10(b6.8(b) in reporting their shares of Company income, gain, loss, and deduction for tax purposes.

Change in Member's Interest. (1) If during any fiscal year of the Company there is a change in any Member's ’s Membership Interest, then for purposes of complying with IRC Section 706(d), the determination of Company items allocable to any period shall be made by using any method permissible under IRC Section 706(d) and the Regulations thereunder as may be determined by the Managers. (2) The Members agree to be bound by the provisions of this Section 6.10(b6.9(b) in reporting their shares of Company income, gain, loss, and deduction for tax purposes.

Change in Member's Interest. (1i) If during any fiscal year Fiscal Year of the Company there is a change in any Member's ’s Membership Interest, then then, for purposes of complying with IRC Section 706(d), the determination of Company items allocable to any period shall be made by using any method permissible under IRC Section 706(d) and the Regulations thereunder as may be determined by closing of the Managersbooks method. (2ii) The Members agree to be bound by the provisions of this Section 6.10(b6.8(b) in reporting their shares of Company income, gain, loss, loss and deduction for tax purposes.

Change in Member's Interest. (1) If during any fiscal year of the Company there is a change in any Member's ’s Membership Interest, then for purposes of complying with IRC Section 706(d), the determination of Company items allocable to any period shall be made by using any method permissible under IRC Section 706(d) and the Regulations thereunder as may be determined by the Managers. (2) The Members agree to be bound by the provisions of this Section 6.10(b) in reporting their shares of Company income, gain, loss, and deduction for tax purposes.