Common use of No Partnerships; Tax Matters Clause in Contracts

No Partnerships; Tax Matters. Notwithstanding any provision of the 1992 Agreement to the contrary, the Parties do not intend to create hereby any joint venture, partnership, association taxable as a corporation, or other entity for the conduct of any business for profit, and any construction of the 1992 Agreement to the contrary which has an adverse tax effect on either Party shall render the 1992 Agreement null and void from its inception.

Appears in 5 contracts

Samples: Interconnection Agreement (Indianapolis Power & Light Co), Interconnection Agreement (Indianapolis Power & Light Co), Interconnection Agreement (Indianapolis Power & Light Co)

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No Partnerships; Tax Matters. Notwithstanding any provision of the 1992 this Agreement to the contrary, the Parties do not intend to create hereby any joint venture, partnership, association taxable as a corporation, or other entity for the conduct of any business for profit, and any construction of the 1992 this Agreement to the contrary which has an adverse tax effect on either Party shall render the 1992 this Agreement null and void from its inception.

Appears in 4 contracts

Samples: Interconnection Agreement (Indianapolis Power & Light Co), Agreement (Indianapolis Power & Light Co), Interconnection Agreement (Indianapolis Power & Light Co)

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No Partnerships; Tax Matters. Notwithstanding any provision of the 1992 this Agreement to the contrary, the Parties do not intend to create hereby any a joint venture, partnership, association taxable as a corporation, or other entity for the conduct of any business for profit, and any construction of the 1992 this Agreement to the contrary which has an adverse tax effect on either any Party shall render the 1992 this Agreement null and void from its inception.

Appears in 1 contract

Samples: legistarweb-production.s3.amazonaws.com

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