Extract to table

1 — Defined Terms As used in this Agreement, the following terms shall have the meanings set forth below: "Act" means the Florida Revised Limited Liability Company Act, Chapter 605, Florida Statutes, as amended from time to time

References to specific sections of the Code shall be deemed to include references to any corresponding successor provisions

"Fiscal Year" means the calendar year or such other fiscal year as may be established by the Manager with the consent of the Members; provided, however, that the initial Fiscal Year under this Agreement shall commence on January 1, 2025 and end on December 31, 2025, and each subsequent Fiscal Year shall be the twelve-month period commencing January 1 and ending December 31 of each year

704-1(b)(2)(iv)(i), and not otherwise taken into account in computing Net Income or Net Loss, shall be subtracted from such income or loss; and (d) if the book value of any Company asset differs from its adjusted tax basis for federal income tax purposes, gain or loss resulting from any disposition of such asset shall be computed by reference to the book value of such asset rather than its adjusted tax basis

References to specific sections of the Treasury Regulations shall be deemed to include references to any corresponding successor provisions

2 — Rules of Construction (a) Unless the context of this Agreement otherwise requires: (i) words of any gender shall include each other gender; (ii) words using the singular or plural number shall also include the plural or singular number, respectively; (iii) the terms "hereof," "herein," "hereby," "hereto," and derivative or similar words refer to this entire Agreement; (iv) the terms "Article," "Section," "Subsection," "Exhibit," and "Schedule" refer to the specified Article, Section, Subsection, Exhibit, or Schedule of or to this Agreement unless otherwise specified; and (v) the term "including" shall mean "including, without limitation