Preparation and Filing of Tax Returns. The Managing General Partner is required to prepare and file any and all income or other tax returns applicable to the Escrow Funds with the Internal Revenue Service and all required state and local departments of revenue in all years income is earned in any particular tax year as and to the extent required under the provisions of the Code.
Appears in 10 contracts
Samples: Escrow Agreement (Reef Oil & Gas Drilling & Income Fund, L.P.), Escrow Agreement (Reef Oil & Gas Drilling & Income Fund, L.P.), Escrow Agreement (Reef 2012 - 2013 Drilling Fund, L.P.)