Common use of Requests for Administrative Adjustments Clause in Contracts

Requests for Administrative Adjustments. Neither Member shall file, pursuant to Section 6227 of the Code, a request for an administrative adjustment of partnership items for any taxable year of the Company without first notifying the other Member. If the other Member agrees with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the Company. If consent is not obtained within thirty (30) days after notice from the proposing Member, or within the period required to timely file the request for administrative adjustment, if shorter, either Member, including the TMP, may file that request for administrative adjustment on its own behalf.

Appears in 4 contracts

Samples: Members’ Agreement (Thunder Mountain Gold Inc), Operating Agreement (Golden Phoenix Minerals Inc), Members' Agreement (Battle Mountain Gold Exploration Corp.)

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Requests for Administrative Adjustments. Neither Member Participant shall file, pursuant to Section 6227 of the Code, a request for an administrative adjustment of partnership items for any partnership taxable year of the Company without first notifying the other MemberParticipant. If the other Member Participant agrees with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the Companypartnership. If consent is not obtained within thirty (30) days after notice from the proposing MemberParticipant, or within the period required to timely file the request for administrative adjustment, if shorter, either MemberParticipant, including the TMP, may file that request for administrative adjustment on its own behalf.

Appears in 3 contracts

Samples: Exploration, Development and Mine Operating Agreement (Canyon Resources Corp), Agreement (Gryphon Gold Corp), Agreement (Golden Phoenix Minerals Inc /Mn/)

Requests for Administrative Adjustments. Neither No Member shall file, pursuant to Section 6227 of the Code, a request for an administrative adjustment of partnership items for any taxable year of the Company without first notifying the each other Member. If the each other Member agrees with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the Company. If consent is not obtained within thirty (30) days after notice from the proposing Member, or within the period required to timely file the request for administrative adjustment, if shorter, either a Member, including the TMP, may file that request for administrative adjustment on its own behalf.

Appears in 3 contracts

Samples: Operating Agreement (Golden Phoenix Minerals Inc /Mn/), Joint Venture Agreement (Vista Gold Corp), Operating Agreement (Western Goldfields Inc)

Requests for Administrative Adjustments. Neither Member shall file, pursuant to Section section 6227 of the Code, a request for an administrative adjustment of partnership items for any taxable year of the Company without first notifying the other Member. If the other Member agrees with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the Company. If consent is not obtained within thirty (30) days after notice from the proposing Member, or within the period required to timely file the request for administrative adjustment, if shorter, either Member, including the TMP, may file that request for administrative adjustment on its own behalf.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Strathmore Minerals Corp.), Limited Liability Company Operating Agreement (Yellowcake Mining Inc.)

Requests for Administrative Adjustments. Neither Member shall file, pursuant to Section 6227 of the Code, a request for an administrative adjustment of partnership items for any taxable year of the Company without first notifying the other Member. If the other Member agrees with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the Company. If consent is not obtained within the shorter of thirty (30) days after notice from the proposing Member, Member or within the period required to timely file the request for administrative adjustment, if shorter, either Member, including the TMP, may file that request for administrative adjustment on its own behalf.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Uranium Energy Corp)

Requests for Administrative Adjustments. Neither No Member shall file, pursuant to Section 6227 of the Code, a request for an administrative adjustment of partnership items for any taxable year of the Company without first notifying the other MemberMembers. If the other Member agrees Members agree with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the Company. If consent is not obtained within thirty (30) days after notice from the proposing Member, or within the period required to timely file the request for administrative adjustment, if shorter, either any Member, including the TMP, may file that request for administrative adjustment on its own behalf.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (American Uranium Corp), Limited Liability Company Operating Agreement (Strathmore Minerals Corp.)

Requests for Administrative Adjustments. Neither Member shall file, pursuant to Section 6227 of the Code, a request for an administrative adjustment of partnership items for any taxable year of the Company without first notifying the other Member. If the other Member agrees with the requested adjustment, the The TMP shall file the request for administrative adjustment on behalf of the Company. If consent is Company upon obtaining the other Member’s consent, which shall not obtained within thirty (30) days after notice from the proposing Memberbe unreasonably conditioned, delayed, or within the period required to timely file the request for administrative adjustment, if shorter, either Member, including the TMP, may file that request for administrative adjustment on its own behalfwithheld.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kinross Gold Corp)

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Requests for Administrative Adjustments. Neither Member shall file, pursuant to Section 6227 of the Code, a request for an administrative adjustment of partnership items for any taxable year of the Company without first notifying the other Member. If the other Member agrees with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the Company. If consent is not obtained within thirty (30) days after notice from the proposing Member, or within the period required to timely file the request for administrative adjustment, if shorter, either Member, including the TMP, may file that request for administrative adjustment on its own behalf.administrative

Appears in 1 contract

Samples: Limited Liability Company Agreement

Requests for Administrative Adjustments. Neither Member shall file, pursuant to Section 6227 of the Code, a request for an administrative adjustment of partnership items for any taxable year of the Company without first notifying the other Member. If the other Member agrees with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the Company. If consent is not obtained within thirty (30) days after notice from the proposing Member, or within the period required to timely file the request for administrative adjustment, if shorter, either Member, including the TMP, may file that request for administrative adjustment on its own behalf.. EXHIBIT C TO AMENDED AND RESTATED LLC AGREEMENT OF EUREKA MOLY, LLC; TAX MATTERS – Page 1

Appears in 1 contract

Samples: Limited Liability Company Agreement (General Moly, Inc)

Requests for Administrative Adjustments. Neither Member Participant shall file, pursuant to Section 6227 of the Code, a request for an administrative adjustment of partnership items for any partnership taxable year of the Company without first notifying the other MemberParticipant. If the other Member Participant agrees with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the Companypartnership. If unanimous consent is not obtained within thirty (30) 30 days after notice from the proposing MemberParticipant, or within the period required to timely file the request for administrative adjustment, if shorter, either MemberParticipant, including the TMP, may file that request for administrative adjustment on its own behalf.

Appears in 1 contract

Samples: Mining Venture Agreement (Novagold Resources Inc)

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