Common use of Tax Matters Reporting Clause in Contracts

Tax Matters Reporting. (i) Manager shall coordinate with Owner’s accountants and cooperate in the preparation of Owner’s tax return including, but not limited to, supplying necessary information for preparation of such tax return. The tax return will be prepared by Owner’s accountants on a timely basis and the cost of preparation and filing of the tax return will be borne by Owner. Owner’s accountant shall prepare, where applicable, Federal, state and local income and net worth tax returns only.

Appears in 2 contracts

Samples: Management and Leasing Agreement (AmREIT Monthly Income & Growth Fund III LTD), Management and Leasing Agreement (AmREIT Monthly Income & Growth Fund III LTD)

AutoNDA by SimpleDocs

Tax Matters Reporting. (i) Manager shall coordinate cooperate in good faith and at Owner’s expense with Owner’s accountants and cooperate in the preparation of Owner’s tax return including, but not limited to, supplying necessary information for preparation of such tax return. The tax return will be prepared by Owner’s accountants on a timely basis and the cost of preparation and filing of the tax return will be borne by Owner. Owner’s accountant shall prepare, where applicable, Federal, state and local income and net worth tax returns only.

Appears in 1 contract

Samples: Management Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

Tax Matters Reporting. (ia) Property Manager shall coordinate with Owner’s 's accountants and cooperate in the preparation of Owner’s 's tax return including, but not limited to, supplying necessary information for preparation of such tax return. The tax return will be prepared by Owner’s 's accountants on a timely basis and the cost of preparation and filing of the tax return will be borne by Owner. Owner’s 's accountant shall prepare, where applicable, Federal, state and local income and net worth tax returns only.

Appears in 1 contract

Samples: Operating Agreement (Reckson Operating Partnership Lp)

Tax Matters Reporting. (i) Manager shall coordinate cooperate in good faith and at Owner's expense with Owner’s 's (or Owner's appointed Agent) accountants and cooperate in the preparation of Owner’s 's tax return including, but not limited to, supplying necessary information for preparation of such tax return. The tax return will be prepared by Owner’s accountants on a timely basis and the cost of preparation and filing of the tax return will be borne by Owner. Owner’s accountant shall prepare, where applicable, Federal, state and local income and net worth tax returns only.

Appears in 1 contract

Samples: Property Management Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

AutoNDA by SimpleDocs

Tax Matters Reporting. (i) Manager shall coordinate cooperate in good faith and at Owner’s expense with Owner’s (or Owner’s appointed Agent) accountants and cooperate in the preparation of Owner’s tax return including, but not limited to, supplying necessary information for preparation of such tax return. The tax return will be prepared by Owner’s accountants on a timely basis and the cost of preparation and filing of the tax return will be borne by Owner. Owner’s accountant shall prepare, where applicable, Federal, state and local income and net worth tax returns only.

Appears in 1 contract

Samples: Property Management Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!