Common use of State and Local Tax Matters Clause in Contracts

State and Local Tax Matters. The Partnership shall promptly deliver to each Partner a copy of all notices, communications, reports or writings of any kind with respect to income or similar taxes received from any state or local taxing authority relating to the Partnership which might, in the judgment of the Tax Matters Partner, materially and adversely affect any Partner, and shall keep each Partner advised of all material developments with respect to any proposed adjustment of Partnership items which come to its attention.

Appears in 12 contracts

Samples: Agreement (Equistar Chemicals Lp), Lease Agreement (Equistar Chemicals Lp), Agreement (Millennium Chemicals Inc)

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State and Local Tax Matters. The Partnership shall --------------------------- promptly deliver to each Partner a copy of all notices, communications, reports or writings of any kind with respect to income or similar taxes received from any state or local taxing authority relating to the Partnership which might, in the judgment of the Tax Matters Partner, materially and adversely affect any Partner, and shall keep each Partner advised of all material developments with respect to any proposed adjustment of Partnership items which come to its attention.

Appears in 2 contracts

Samples: Lease Agreement (Equistar Chemicals Lp), Lease Agreement (Lyondell Chemical Co)

State and Local Tax Matters. The Partnership shall promptly --------------------------- deliver to each Partner a copy of all notices, communications, reports or writings of any kind with respect to income or similar taxes received from any state or local taxing authority relating to the Partnership which might, in the judgment of the Tax Matters Partner, materially and adversely affect any Partner, and shall keep each Partner advised of all material developments with respect to any proposed adjustment of Partnership items which come to its attention.

Appears in 1 contract

Samples: Lease Agreement (Equistar Funding Corp)

State and Local Tax Matters. The Partnership shall --------------------------- promptly deliver to each Partner a copy of all notices, communications, reports or writings of any kind with respect to income or similar taxes Taxes received from any state state, local or local foreign taxing authority relating to the Partnership which might, in the judgment of the Tax Matters Partner, materially and adversely affect any Partner, and shall keep each Partner advised of all material developments with respect to any proposed adjustment of Partnership items which come to its attention.

Appears in 1 contract

Samples: Limited Partnership Agreement (Lyondell Chemical Co)

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State and Local Tax Matters. The Partnership shall promptly deliver to each Partner a copy of all notices, communications, reports or writings of any kind with respect to income or similar taxes received from any state or local taxing authority relating to the Partnership which that might, in the judgment of the Tax Matters Partner, materially and adversely affect any Partner, and shall keep each Partner advised of all material developments with respect to any proposed adjustment of Partnership items which that come to its attention.

Appears in 1 contract

Samples: Limited Partnership Agreement (Geon Co)

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