Tax Returns; Income Taxes Sample Clauses

Tax Returns; Income Taxes. (a) PKY shall be responsible for timely preparing (or causing to be prepared) tax returns (if any) of or with respect to the Company, Portfolio Holdings, the Mezzanine Owners, the Owner Entities, and the Company Projects for taxable periods which either ended before or which include the Closing Date, other than a taxable period beginning on the Closing Date (the “Pre-Closing Tax Returns”, which term shall not be deemed to include the Texas Franchise Tax Public Information Reports). PKY shall be responsible for timely filing (or causing to be timely filed), taking into account any extensions the Pre-Closing Tax Returns (if any) of or with respect to each of the Company, Portfolio Holdings, the PKY Mezzanine Owners, the PKY Owner Entities, and the PKY Projects, which the parties acknowledge for Texas Franchise Tax purposes is anticipated to include a consolidated/combined/unitary tax that includes the Company, Portfolio Holdings, the Mezzanine Owners, the Owner Entities and the Projects) and would include the CalSTRS Owner Entities and CalSTRS Mezzanine Owners for the period ending on the Closing Date) Except to the extent otherwise exempt, CalSTRS shall be responsible for timely preparing (or causing to be prepared), to the extent not otherwise required to by prepared by PKY pursuant to the first sentence of this Section 8.5(a), and timely filing (or causing to be timely filed) all other tax returns (including any Texas Franchise Tax Public Information Reports of each of the CalSTRS Mezzanine Owners, the CalSTRS Owner Entities, and the CalSTRS Projects. CalSTRS shall provide PKY with either (i) copies of the filed Texas Franchise Tax Public Information Reports for the CalSTRS Mezzanine Owners, the CalSTRS Owner Entities and the CalSTRS Projects for calendar year 2015 promptly after the filing thereof or (ii) evidence reasonably satisfactory to PKY that such a filing is not required based on an exemption available to CalSTRS.
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Related to Tax Returns; Income Taxes

  • Tax Returns; Taxes Except as otherwise disclosed on Schedule 3.13:

  • INCOME TAX RETURNS Borrower has no knowledge of any pending assessments or adjustments of its income tax payable with respect to any year.

  • Income Taxes Paragraph 1. The authority citation for part 1 continues to read in part as follows: Authority: 26 U.S.C. 7805 * * * EXHIBIT G-2 FORM OF TRANSFEROR CERTIFICATE __________ , 20__ Residential Funding Mortgage Securities I, Inc. 8400 Normandale Xxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxxxxx, Xxxxxxxxx 00000 [Trustee] Attention: Residential Funding Corporation Series _______ Re: Mortgage Pass-Through Certificates, Series ________, Class R[-__] Ladies and Gentlemen: This letter is delivered to you in connection with the transfer by _____________________ (the "Seller") to _____________________(the "Purchaser") of $______________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series ________, Class R[-__] (the "Certificates"), pursuant to Section 5.02 of the Series Supplement, dated as of ________________, to the Standard Terms of Pooling and Servicing Agreement dated as of ________________ (together, the "Pooling and Servicing Agreement") among Residential Funding Mortgage Securities I, Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and __________, as trustee (the "Trustee"). All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:

  • Income Tax Returns and Reports The Trustee shall, to the extent necessary, prepare and file on behalf of the Trust appropriate United States and Canadian income tax returns and any other returns or reports as may be required by applicable law or pursuant to the rules and regulations of any securities exchange or other trading system through which the Exchangeable Shares are traded.

  • Tax Returns and Tax Payments (i) The Company has timely filed with the appropriate taxing authorities all Tax Returns required to be filed by it (taking into account all applicable extensions). All such Tax Returns are true, correct and complete in all respects. All Taxes due and owing by the Company has been paid (whether or not shown on any Tax Return and whether or not any Tax Return was required). The Company is not currently the beneficiary of any extension of time within which to file any Tax Return or pay any Tax. No claim has ever been made in writing or otherwise addressed to the Company by a taxing authority in a jurisdiction where the Company does not file Tax Returns that it is or may be subject to taxation by that jurisdiction. The unpaid Taxes of the Company did not, as of the Company Balance Sheet Date, exceed the reserve for Tax liability (excluding any reserve for deferred Taxes established to reflect timing differences between book and Tax income) set forth on the face of the financial statements (rather than in any notes thereto). Since the Company Balance Sheet Date, neither the Company nor any of its subsidiaries has incurred any liability for Taxes outside the ordinary course of business consistent with past custom and practice. As of the Closing Date, the unpaid Taxes of the Company and its subsidiaries will not exceed the reserve for Tax liability (excluding any reserve for deferred Taxes established to reflect timing differences between book and Tax income) set forth on the books and records of the Company.

  • Tax Returns and Taxes Each Obligor has filed all material Tax returns and Tax reports required by law to have been filed by it and has paid all Taxes thereby shown to be owing, except any such Taxes which are being diligently contested in good faith by appropriate proceedings and for which adequate reserves in accordance with generally accepted accounting principles shall have been set aside on its books.

  • Tax Returns Except as set forth on Schedule 3.13:

  • Company Tax Returns The Company shall file all tax returns, if any, required to be filed by the Company.

  • Other Tax Returns Subject to Section 7.01, the Managers shall cause to be prepared and filed all necessary tax returns for the Company.

  • Tax Returns and Payments Each of the Company and each of its Subsidiaries has timely filed all tax returns (federal, state and local) required to be filed by it. All taxes shown to be due and payable on such returns, any assessments imposed, and all other taxes due and payable by the Company or any of its Subsidiaries on or before the Closing, have been paid or will be paid prior to the time they become delinquent. Except as set forth on Schedule 4.13, neither the Company nor any of its Subsidiaries has been advised:

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