Common use of Inconsistent Treatment of Partnership Item Clause in Contracts

Inconsistent Treatment of Partnership Item. If an administrative proceeding contemplated under Section 6223 of the Code has begun, and the TMP so requests, each Participant shall notify the TMP of its treatment of any partnership item on its federal income tax return that is inconsistent with the treatment of that item on the partnership return.

Appears in 4 contracts

Samples: Operating Agreement (Canyon Resources Corp), Mining Venture Agreement (Novagold Resources Inc), Agreement (Gryphon Gold Corp)

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Inconsistent Treatment of Partnership Item. If an administrative proceeding contemplated under Section 6223 of the Code has begun, and the TMP so requests, each Participant of PDUS and MUI shall notify the TMP of its treatment of any partnership item on its federal income tax return that is inconsistent with the treatment of that item on the partnership return.

Appears in 3 contracts

Samples: And Development Agreement (Miranda Gold Corp), And Development Agreement (Miranda Gold Corp), Miranda Gold Corp

Inconsistent Treatment of Partnership Item. If an administrative proceeding contemplated under Section 6223 of the Code has begun, and the TMP so requests, each Participant of PDUS and GAM shall notify the TMP of its treatment of any partnership item on its federal income tax return that is inconsistent with the treatment of that item on the partnership return.

Appears in 1 contract

Samples: Mining Lease and Option to Purchase (Great American Minerals Inc)

Inconsistent Treatment of Partnership Item. If an administrative proceeding contemplated under Section 6223 of the Code has begun, and the TMP so requests, each Participant the Participants shall notify the TMP of its their treatment of any partnership item on its their federal income tax return that returns in a manner which is inconsistent with the treatment of that item on the partnership return.

Appears in 1 contract

Samples: In and Joint Venture Agreement (Pan American Lithium Corp)

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Inconsistent Treatment of Partnership Item. If an administrative ---------------------------------------------- proceeding contemplated under Section 6223 of the Code has begun, and the TMP so requests, each Participant the Participants shall notify the TMP of its their treatment of any partnership item on its their federal income tax return that in a manner which is inconsistent with the treatment of that item on the partnership return.

Appears in 1 contract

Samples: Mining Venture Agreement (Western Goldfields Inc)

Inconsistent Treatment of Partnership Item. If an administrative proceeding contemplated under Section 6223 of the Code has begun, and the TMP so requests, then each Participant shall notify the TMP of its treatment of any partnership item on its federal income tax return that is inconsistent with the treatment of that item on the partnership return.

Appears in 1 contract

Samples: Joint Venture Agreement (Augusta Resource CORP)

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