Private Letter Ruling. At the request and expense of any Customer(s), Transmission Owner shall file with the IRS a request for a private letter ruling as to whether any property transferred or sums paid, or to be paid, by such Customer(s) to Transmission Owner under this Agreement are subject to federal income taxation. Each Customer desiring such a request will prepare the initial draft of the request for a private letter ruling, and will certify under penalties of perjury that all facts represented in such request are true and accurate to the best of such Customer’s knowledge. Transmission Owner and the affected Customer(s) shall cooperate in good faith with respect to the submission of such request.
Appears in 4 contracts
Samples: Facilities Construction Agreement, Facilities Construction Agreement, Facilities Construction Agreement
