Common use of Certain Authorizations Clause in Contracts

Certain Authorizations. The tax matters member (the "TAX MATTERS MEMBER") shall represent the Company, at the Company's expense, in connection with all examinations of the Company's affairs by tax authorities including any resulting administrative or judicial proceedings. Without limiting the generality of the foregoing, and subject to the restrictions set forth herein, the Tax Matters Member, but only with the consent of the Board, is hereby authorized:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Acin LLC), Limited Liability Company Agreement (Natural Resource Partners Lp), Limited Liability Company Agreement (Natural Resource Partners Lp)

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Certain Authorizations. The tax matters member (the "TAX MATTERS MEMBER") Tax Matters Member shall represent the Company, at the Company's expense, in connection with all examinations of the Company's affairs by tax authorities including any resulting administrative or judicial proceedings. Without limiting the generality of the foregoing, and subject to the restrictions set forth herein, the Tax Matters Member, but only with the consent of the Board, Member is hereby authorized, but not required:

Appears in 2 contracts

Samples: Operating Agreement (Duberstein Gary K), Operating Agreement (Seacor Smit Inc)

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