Common use of Elections by Partners Clause in Contracts

Elections by Partners. If any Partner makes any tax election that requires the Partnership to furnish information to such Partner to enable such Partner to compute its own tax liability, or requires the Partnership to file any tax return or report with any tax authority, in either case that would not be required in the absence of such election made by such Partner, the General Partner may, as a condition to furnishing such information or filing of such return or report, require such Partner to pay to the Partnership any incremental expenses incurred in connection therewith.

Appears in 5 contracts

Samples: Agreement of Limited Partnership (TW Southcross Aggregator LP), Agreement of Limited Partnership (EIG BBTS Holdings, LLC), Agreement of Limited Partnership (Rice Energy Inc.)

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Elections by Partners. If any Partner makes any tax election that requires the Partnership to furnish information to such Partner to enable such Partner to compute its own tax liability, or requires the Partnership to file any tax return or report with any tax authority, in either case that would not be required in the absence of such election made by such Partner, the General Partner may, as a condition to furnishing such information or filing of such return or report, require such Partner to pay to the Partnership any incremental expenses incurred in connection therewith.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Homer City Generation, L.P.), Limited Partnership Agreement (Brookfield Retail Holdings LLC), Limited Partnership Agreement (Brookfield Retail Holdings LLC)

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