Special Allocation. If, for federal income tax purposes, the Company is deemed to have made a deductible payment to a Member that is not actually paid, then notwithstanding Section 6.4(a), the deduction attributable to such payment shall be specially allocated to such Member.
Appears in 8 contracts
Sources: Limited Liability Company Operating Agreement (National CineMedia, Inc.), Limited Liability Company Operating Agreement (National CineMedia, Inc.), Limited Liability Company Operating Agreement
Special Allocation. If, for federal income tax purposes, the Company is deemed to have made a deductible payment to a Member that is not actually paid, then notwithstanding Section 6.4(a)2.1, the deduction attributable to such payment shall be specially allocated to such Member.
Appears in 1 contract
Sources: Limited Liability Company Operating Agreement (Regal Entertainment Group)