Tax Audits and Administrative Matters; Partnership Representative Sample Clauses

Tax Audits and Administrative Matters; Partnership Representative. For U.S. federal, state and local income tax purposes, each Partner shall report the tax items attributable to its participation in the Onshore Partnership on its income tax returns in a manner consistent with the tax treatment of such items as reported to it by the Onshore Partnership. The Partners shall cause the Onshore Partnership to appoint the General Partner or an affiliate thereof as the “partnership representative” (as such term is used in Code Section 6223) to act on its behalf with respect to any audit, controversy, refund action, or other matter, subject to the provisions of the Bipartisan Budget Act of 2015 (P.L. 114-74) (the “Budget Act”). Such partnership representative shall have the rights, power, and authority to act as and perform the duties of, the “partnership representative” under the Code and the Budget Act. In the event the Onshore Partnership shall be the subject of an income tax audit by any U.S. federal, state or local authority, to the extent the Onshore Partnership is treated as an entity for purposes of such audit, including administrative settlement and judicial review, the partnership representative shall be authorized to act for, and its decision shall be final and binding upon, the Onshore Partnership and each Partner thereof. The partnership representative shall be entitled to reimbursement from the Onshore Partnership for all expenses incurred in that capacity. Each person (for purposes of this Section 7.03, called a “Pass-Thru Partner”) that holds or controls an Interest as a Partner on behalf of, or for the benefit of, another person or persons, or which Pass-Thru Partner is beneficially owned (directly or indirectly) by another person or persons shall, within thirty (30) calendar days following receipt from the partnership representative of any notice, demand, request for information or similar document, convey such notice or other document in writing to all holders of beneficial Interests in the Onshore Partnership holding such Interests through such Pass-Thru Partner. Notwithstanding anything to the contrary contained in this Agreement, the General Partner shall have the right, in its sole discretion, (a) to cause the Onshore Partnership to elect out of the application of Code Section 6221 by making an election, where permissible, under Code Section 6221(b), or (b) in the event of a “partnership adjustment” within the meaning of Code Section 6225, to cause the Onshore Partnership to make an election under Code Secti...
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Related to Tax Audits and Administrative Matters; Partnership Representative

  • Tax Matters Partner A. The General Partner shall be the "tax matters partner" of the Partnership for Federal income tax purposes. Pursuant to Section 6223(c) of the Code, upon receipt of notice from the IRS of the beginning of an administrative proceeding with respect to the Partnership, the tax matters partner shall furnish the IRS with the name, address and profit interest of each of the Limited Partners and Assignees; provided, however, that such information is provided to the Partnership by the Limited Partners and Assignees.

  • Tax Matters Member The Company and each Member hereby designate the Managing Member as the “tax matters partner” for purposes of Code Section 6231(a)(7) (the “Tax Matters Member”).

  • Member and Local Union Responsibilities The Local Union and the Xxxxxxx will work with members to correct and solve problems related to job performance. • Job Stewards shall be provided with xxxxxxx training and receive specialized training with regard to the UA Standard for Excellence. • Regular meetings will be held where the job xxxxxxx along with UA Supervision will communicate with the management team regarding job progress, work schedules, and other issues affecting work processes. • The Job Xxxxxxx shall communicate with the members’ issues affecting work progress. • The Business Manager or his designee will conduct regularly scheduled meetings to discuss and resolve issues affecting compliance of the UA Standard for Excellence policy. • The Xxxxxxx and management will attempt to correct such problems with individual members in the workplace. • Individual members not complying with membership responsibility shall be brought before the Local Union Executive Board who will address such members’ failure to meet their obligation to the local and the UA, up to and including filing charges. The Local Union’s role is to use all available means to correct the compliance problem including but not limited to mandatory retraining for members after offences.

  • Union Representative Visits The Union shall inform the Employer in advance whenever the designated representatives of the Union intend to visit the Employer’s premises for the purpose of conducting Union business. Such visits shall not interfere with the normal operations of the worksite. Reasonable accommodation will be made to allow the Presidents of the Unions to have access to union members to conduct union business.

  • 000 UNION REPRESENTATIVES 9.100 Representatives of the Unions shall have access to the job during working hours on Union business. They shall, as regulations of the plant permit, obtain specific authorization from the Company for each visit.

  • Nurse Representatives & Grievance Committee (a) The Hospital agrees to recognize Association representatives to be elected or appointed from amongst nurses in the bargaining unit for the purpose of dealing with Association business as provided in this Collective Agreement. The number of representatives and the areas which they represent are set out in the Appendix of Local Provisions.

  • Notice of Union Representative Visits The Union shall inform the Company when any representative of the Union intends to visit the worksite for the purpose of conducting Union business. Such visits will not disrupt employees working without the supervisor/manager’s permission.

  • Designated Representatives (a) With the delivery of this Agreement, the Subordination Agent shall furnish to each Liquidity Provider and each Trustee, and from time to time thereafter may furnish to each Liquidity Provider and each Trustee, at the Subordination Agent’s discretion, or upon any Liquidity Provider’s or any Trustee’s request (which request shall not be made more than one time in any 12-month period), a certificate (a “Subordination Agent Incumbency Certificate”) of a Responsible Officer of the Subordination Agent certifying as to the incumbency and specimen signatures of the officers of the Subordination Agent and the attorney-in-fact and agents of the Subordination Agent (the “Subordination Agent Representatives”) authorized to give Written Notices on behalf of the Subordination Agent hereunder. Until each Liquidity Provider and each Trustee receives a subsequent Subordination Agent Incumbency Certificate, it shall be entitled to rely on the last Subordination Agent Incumbency Certificate delivered to it hereunder.

  • Nurse Representatives The Employer agrees to recognize two (2) Nurse Representatives for the purpose of dealing with grievances and conducting Union interviews.

  • Designated Representative A. Contractor designates as contract agent with primary responsibility for the performance of this contract. In case this contract agent is replaced by another for any reason, the Contractor will designate another contract agent within seven (7) calendar days of the time the first terminates his or her employment or responsibility using the procedure set for in Section O, Notices.

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