Common use of Tax Returns and Tax Deficiencies Clause in Contracts

Tax Returns and Tax Deficiencies. Each Member agrees that such Member shall not treat any Fund item inconsistently on such Member's federal, state, foreign or other income tax return with the treatment of the item on the Fund's return. Any deficiency for taxes imposed on any Member (including penalties, additions to tax or interest imposed with respect to such taxes and any tax deficiency imposed pursuant to Code Section 6226 as amended) will be paid by such Member and if required to be paid (and actually paid) by the Fund, will be recoverable from such Member as provided in Section 6.3(d).

Tax Returns and Tax Deficiencies. Each Member agrees that such Member shall not treat any Fund item inconsistently on such Member's ’s federal, state, foreign or other income tax return with the treatment of the item on the Fund's ’s return. Any deficiency for taxes imposed on any Member (including penalties, additions to tax or interest imposed with respect to such taxes and any tax deficiency imposed pursuant to Code Section 6226 as amended) will be paid by such Member and if required to be paid (and actually paid) by the Fund, will be recoverable from such Member as provided in Section 6.3(d)6.3.

Tax Returns and Tax Deficiencies. Each Member agrees that such Member shall not treat any Fund item inconsistently on such Member's ’s federal, state, foreign foreign, or other income tax return with the treatment of the item on the Fund's ’s return. Any deficiency for taxes imposed on any Member (including penalties, additions to tax or interest imposed with respect to such taxes and any tax deficiency taxes imposed pursuant to Internal Revenue Code Section 6226 as amendedamended by the BBA) will be paid by such Member and if required to be paid (and actually paid) by the Fund, will be recoverable from such Member as provided in Section 6.3(d)Member.