Obligations of Members to Report Allocations Clause Samples
The "Obligations of Members to Report Allocations" clause requires members of an organization or group to formally report any allocations they make or receive, such as resources, funds, or responsibilities. Typically, this involves submitting timely and accurate reports to a designated authority or record-keeper, detailing the nature and amount of each allocation. By mandating this reporting, the clause ensures transparency and accountability, helping to prevent disputes and maintain accurate records of how resources are distributed.
Obligations of Members to Report Allocations. The Members are aware of the income tax consequences of the allocations made by this Article VI and hereby agree to be bound by the provisions of this Article VI in reporting their shares of Company income and loss for income tax purposes.
Obligations of Members to Report Allocations. The Members are aware of the income tax consequences of the allocations made by this Agreement and hereby agree to be bound by the provisions of this Agreement in reporting their shares of the income and loss for income tax purposes.
Obligations of Members to Report Allocations. The Members are aware -------------------------------------------- of the income tax consequences of the allocations made by this Article 6 and hereby agree to be bound by the provisions of this Article 6 in reporting their shares of Company income and loss for income tax purposes.
Obligations of Members to Report Allocations. The Members are aware of the income tax consequences of the allocations made by this Article 17 and hereby agree to be bound by the provisions of this Article 17 in reporting their shares of Company income and loss for income tax purposes.
Obligations of Members to Report Allocations. The Members acknowledge and agree to the allocations made by this Section 8 and agree to be bound by the provisions of this Section 8 in reporting their shares of Company income and loss for income tax purposes.
Obligations of Members to Report Allocations. The Members acknowledge and agree to the allocations made by this ARTICLE VIII and agree to be bound by the provisions of this ARTICLE VIII in reporting their shares of Company income and loss for income tax purposes.
Obligations of Members to Report Allocations. The Members are aware of the United States federal income tax consequences of the allocations made by this Article VI and hereby agree to be bound by the provisions of this Article VI in reporting their shares of Company income and loss for United States federal income tax purposes.
Obligations of Members to Report Allocations. The Members are aware -------------------------------------------- of the income tax consequences of the allocations made by this Article 3 and hereby agree to be bound by the provisions of this Article 3 in reporting their shares of Company income and loss for income tax purposes.
Obligations of Members to Report Allocations. The Members are aware of the income tax consequences of the allocations made by this Article IV and hereby agree to be bound by the provisions of this Article IV in reporting their shares of Company income, loss and other items for income tax purposes.
Obligations of Members to Report Allocations. 10 ARTICLE 4 DISTRIBUTIONS................................................. 10 4.1 DISTRIBUTION OF ASSETS BY THE COMPANY......................... 10 4.2 NET CASH FLOW................................................. 10 4.3