Common use of Minimum Gain Chargebacks Clause in Contracts

Minimum Gain Chargebacks. The Managing Member shall make such ------------------------ allocations of items of income and gain as are necessary to comply with the "minimum gain chargeback" provisions of Section 1.704-2(f) of the Treasury Regulations or any successor provisions thereto.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (CMG Information Services Inc), Limited Liability Company Agreement (CMG Information Services Inc)