Common use of Section 707 Compliance Clause in Contracts

Section 707 Compliance. Any fees paid to a Member (including those pursuant to this Article XIII) shall be treated as payments governed by Section 707 of the Code.

Appears in 7 contracts

Sources: Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC), Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC), Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC)

Section 707 Compliance. Any fees paid to a Tax Member (including those pursuant to this Article XIIIXIV) shall be treated as payments governed by Section 707 of the Code.

Appears in 6 contracts

Sources: Limited Liability Company Operating Agreement (Greenbacker Renewable Energy Co LLC), Limited Liability Company Operating Agreement (Greenbacker Renewable Energy Co LLC), Limited Liability Company Operating Agreement (Greenbacker Renewable Energy Co LLC)

Section 707 Compliance. Any fees paid to a Member (including those pursuant to this Article XIIIXIV) shall be treated as payments governed by Section 707 of the Code.

Appears in 5 contracts

Sources: Limited Liability Company Operating Agreement (TriLinc Global Impact Fund LLC), Limited Liability Company Operating Agreement (TriLinc Global Impact Fund LLC), Limited Liability Company Operating Agreement (TriLinc Global Impact Fund LLC)