Notice of Tax Audit. The tax matters partner shall give prompt notice to the Owners upon receipt of advice that the Internal Revenue Service intends to examine Trust income tax returns for any year.
Notice of Tax Audit. Prompt notice shall be given to the Members upon receipt of advice that the IRS or any other tax authority intends to examine Company income tax returns or books and records for any year.
Notice of Tax Audit. Prompt notice shall be given to the Members upon receipt of notice that the Internal Revenue Service or the Nevada Department of Taxation intents to examine LLC income tax returns for any year.
Notice of Tax Audit. Prompt notice shall be given to the Venturers upon receipt of advice that the Internal Revenue Service intends to examine Joint Venture income tax returns for any year.
Notice of Tax Audit. Buyer shall promptly notify the Representative in writing of any notice or information received by Buyer that any taxing authority intends to conduct an audit or examination of any Tax Return or to adjust any Tax that may give rise to a claim for indemnification against the Sellers under this Agreement; PROVIDED, HOWEVER, that no delay on the part of the Buyer in notifying the Representative shall relieve the Sellers from any obligation hereunder unless (and then solely to the extent that) the Sellers are thereby prejudiced.
Notice of Tax Audit. Prompt notice shall be given to all Partners upon receipt of advice that the Internal Revenue Service or any other taxing authority intends to examine Partnership tax returns for any period.
Notice of Tax Audit. Section 13.03. AUTHORITY TO EXTEND PERIOD FOR ASSESSING TAX ............... Section 13.04. CHOICE OF FORUM FOR FILING PETITION FOR READJUSTMENT ....... Section 13.05. AUTHORITY TO BIND OWNERS BY SETTLEMENT AGREEMENT ........... Section 13.06. NOTICES SENT TO THE INTERNAL REVENUE SERVICE ............... Section 13.07.
Notice of Tax Audit. Prompt notice shall be given to the Parties by the Company upon receipt of advice that the Internal Revenue Service or any other taxing authority intends to examine the Company's tax returns for any period. In connection with any audit of a tax return of the Company, the Management Committee shall control the supervision of and responses to such audit and shall determine the method and conduct of any contest of a proposed adjustment resulting from such audit; provided however, that the Party shall: (i) consult in good faith with the Parties regarding the manner of responding to such audit and the conduct of any contest of a proposed adjustment arising from such audit, (ii) keep the Parties promptly informed of all developments arising in connection with any such audit or contest, and (iii) not enter into any settlement of any audit or contest with the Internal Revenue Service without the written consent of the Parties, which shall not be unreasonably withheld.
Notice of Tax Audit. The Company will use its best efforts to give prompt notice to the Members upon receipt of advice that the Internal Revenue Service intends to examine Company income tax returns for any Fiscal Year. 6.10. Tax Matters Partner. AMS will be the tax matters partner (the "Tax Matters Partner") for purposes of Sections 6221-6231 of the Code and the Regulations. The Tax Matters Partner agrees to use its best efforts to comply in good faith with all provisions of the Code concerning a tax matters partner and to take all actions necessary to make each Member a notice partner under the Code. The Tax Matters Partner will use its best efforts to give each Member copies of all notices or other material communications delivered to or by him with respect to federal, state or local tax matters, negotiations, decisions, settlements or other events. The Tax Matters Partner may not initiate or take material action with respect to any litigation without the prior consent of the Members in accordance with Section 5.5. 7.
Notice of Tax Audit. The Company will use its best efforts to give prompt notice to the Members upon receipt of advice that the Internal Revenue Service intends to examine Company income tax returns for any Fiscal Year.
