Common use of Consistent Positions Clause in Contracts

Consistent Positions. Except as otherwise required pursuant to a final determination made by a competent Governmental Authority, each Member shall report any and all items of Company income, gain, deduction, loss and credit and any other Company tax related items or treatment in a manner consistent with the Company’s income tax return with respect to such items.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Terawulf Inc.), Limited Liability Company Agreement (Terawulf Inc.)

Consistent Positions. Except as otherwise required pursuant to a final determination made by a competent Governmental Authority, each Member shall report any and all items of Company income, gain, deduction, loss and credit and any other Company tax related items or treatment in a manner consistent with the Company’s income tax return with respect to such items.. ​

Appears in 1 contract

Sources: Limited Liability Company Agreement (Terawulf Inc.)