Common use of Refunds of Withholding Taxes Clause in Contracts

Refunds of Withholding Taxes. In the event that the Partnership receives a refund of taxes previously withheld by a third party from one (1) or more payments to the Partnership, the economic benefit of such refund shall be apportioned among the Partners in a manner reasonably determined by the General Partner to offset the prior operation of this Section 8.4 in respect of such withheld taxes.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Brookfield Retail Holdings LLC), Limited Partnership Agreement (Brookfield Retail Holdings LLC)

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Refunds of Withholding Taxes. In the event that the Partnership receives a refund of taxes previously withheld by a third party from one (1) or more payments to the Partnership, the economic benefit of such refund shall be apportioned among the Partners in a manner reasonably determined by the General Partner to offset the prior operation of this accordance with Section 8.4 in respect of such withheld taxes5.01.

Appears in 2 contracts

Samples: Limited Partnership Agreement (SWK Holdings Corp), Limited Partnership Agreement (SWK Holdings Corp)

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Refunds of Withholding Taxes. In the event that the Partnership receives a refund of taxes previously withheld by a third party from one (1) or more payments to the Partnership, the economic benefit of such refund shall be apportioned among the Partners in a manner reasonably determined by the General Partner to offset the prior operation of this Section 8.4 8.5 in respect of such withheld taxes.

Appears in 1 contract

Samples: Limited Partnership Agreement (Homer City Generation, L.P.)

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