Requests for Administrative Adjustments. No ParticipantNeither Member 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 all other Participants. If all other Participants agreethe other Member. If the other Member agrees with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the partnershipCompany. If unanimous 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, any Participanteither Member, including the TMP, may file athat request for administrative adjustment on its own behalf.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Requests for Administrative Adjustments. No ParticipantNeither Member Neither 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 all the other Participants. If all other Participants agreethe 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 partnershipCompanypartnership. If unanimous consent is not obtained within thirty (30) days after notice or at least five (5) days prior to the filing period, if earlier, from the proposing MemberParticipant, or within the period required to timely file the request for administrative adjustment, if shorter, any Participanteither Membereither Participant, including the TMP, may file athat that request for administrative adjustment on its own behalf.
Appears in 1 contract
Requests for Administrative Adjustments. No ParticipantNeither 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 all other Participants. If all other Participants agreethe other Member. If the other Member agrees agree with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the partnershipCompanypartnership. If unanimous consent is not obtained within thirty (30) days after notice from the proposing Member30 days, or within the period required to timely file the request for administrative adjustment, if shorter, any Participanteither MemberParticipant, including the TMP, may file athat a request for administrative adjustment on its own behalf.
Appears in 1 contract
Requests for Administrative Adjustments. No ParticipantNeither 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 all other Participants. If all other Participants agreethe other Member. If the other Member agrees agree with the requested adjustment, the TMP shall file the request for administrative adjustment on behalf of the partnershipCompanypartnership. If unanimous consent is not obtained within thirty (30) days after notice from the proposing Memberdays, or within the period required to timely file the request for administrative adjustment, if shorter, any Participanteither MemberParticipant, including the TMP, may file athat a request for administrative adjustment on its own behalf.
Appears in 1 contract
Samples: Mining Earn in and Joint Venture Agreement (Pan American Lithium Corp)