Common use of Taxes of Taxing Jurisdictions Clause in Contracts

Taxes of Taxing Jurisdictions. To the extent that the laws of any taxing jurisdiction require, the Member will prepare and the Member will execute and submit an agreement indicating that the Member will make timely income tax payments to the taxing jurisdiction and that the Member accepts personal jurisdiction of the taxing jurisdiction with regard to the collection of income taxes attributable to the Member's income, and interest, and penalties assessed on such income, if such agreement is required by the taxing jurisdiction. If the Member fails to provide such agreement, the Company may withhold and pay over to such taxing jurisdiction the amount of tax, penalty and interest determined under the laws of the taxing jurisdiction with respect to such income. Any such payments with respect to the income of the Member shall be treated as a distribution for purposes of Article 5.

Appears in 3 contracts

Samples: Operating Agreement (Great Plains Energy Inc), Operating Agreement (Great Plains Energy Inc), Operating Agreement (Great Plains Energy Inc)

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Taxes of Taxing Jurisdictions. To the extent that the laws of any taxing jurisdiction requirerequires, each Member (or such Members as may be required by the Member taxing jurisdiction) will prepare and the Member will execute and submit an agreement indicating that the Member will make timely income tax payments to the taxing jurisdiction and that the such Member accepts personal jurisdiction of the taxing jurisdiction with regard to the collection of income taxes attributable to the Member's income, and interest, penalties and penalties interest assessed on such income, if such agreement is required by the taxing jurisdiction. If the Member fails to provide such agreement, the Company may withhold and pay over to such taxing jurisdiction the amount of tax, penalty penalty, and interest determined under the laws of the taxing jurisdiction with respect to such income. Any such payments with respect to the income of the a Member shall be treated as a distribution for purposes of Article 5Section 7.1.

Appears in 3 contracts

Samples: Operating Agreement (Sligo Partners LLC), Operating Agreement (Sligo Partners LLC), Operating Agreement (Pacific Partners LLC)

Taxes of Taxing Jurisdictions. To the extent that the laws of any taxing jurisdiction requireTaxing Jurisdiction requires, the Member Manager will prepare and the Member will execute and submit an agreement indicating that the Member will make timely income tax payments to the taxing jurisdiction Taxing Jurisdiction and that the Member accepts personal jurisdiction of the taxing jurisdiction Taxing Jurisdiction with regard to the collection of income taxes attributable to the Member's ’s income, and interest, plus interest and penalties assessed on such income, if such agreement is required by the taxing jurisdictionTaxing Jurisdiction. If the Member fails to provide such agreement, the Company may withhold and pay over to such taxing jurisdiction Taxing Jurisdiction the amount of tax, penalty and interest determined under the laws of the taxing jurisdiction Taxing Jurisdiction with respect to such income. Any such payments with respect to the income of the a Member shall be treated as a distribution for purposes of Article 5Eight.

Appears in 3 contracts

Samples: Operating Agreement (Williams Electronic Games, Inc.), Operating Agreement (Williams Electronic Games, Inc.), Operating Agreement (Williams Electronic Games, Inc.)

Taxes of Taxing Jurisdictions. To the extent that the laws of any taxing jurisdiction requireTaxing Jurisdiction requires, the Member will prepare and the Member will execute and submit an agreement indicating that the Member will make timely income tax payments to the taxing jurisdiction Taxing Jurisdiction and that the Member accepts personal jurisdiction of the taxing jurisdiction Taxing Jurisdiction with regard to the collection of income taxes attributable to the Member's income, income and interest, and penalties assessed on such income, if such agreement is required by the taxing jurisdictionTaxing Jurisdiction. If the Member fails to provide such agreement, the Company may withhold and pay over to such taxing jurisdiction Taxing Jurisdiction the amount of tax, penalty and interest determined under the laws of the taxing jurisdiction Taxing Jurisdiction with respect to such income. Any such payments with respect to the income of the Member shall be treated as a distribution for purposes of Article 5.such

Appears in 1 contract

Samples: Operating Agreement (Mesa Air New York, Inc.)

Taxes of Taxing Jurisdictions. To the extent that the laws of any taxing jurisdiction requireTaxing Jurisdiction requires, the Member will prepare and the Member will execute and submit an agreement indicating that the Member will make timely income tax payments to the taxing jurisdiction Taxing Jurisdiction and that the Member accepts personal jurisdiction of the taxing jurisdiction Taxing Jurisdiction with regard to the collection of income taxes attributable to the Member's income, income and interest, and penalties assessed on such income, if such agreement is required by the taxing jurisdictionTaxing Jurisdiction. If the Member fails to provide such agreement, the Company may withhold and pay over to such taxing jurisdiction Taxing Jurisdiction the amount of tax, penalty and interest determined under the laws of the taxing jurisdiction Taxing Jurisdiction with respect to such income. Any such payments with respect to the income of the a Member shall be treated as a distribution for purposes of Article 5VIII.

Appears in 1 contract

Samples: Operating Agreement

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Taxes of Taxing Jurisdictions. To the extent that the laws of any taxing jurisdiction require, the Member will prepare and the Member will prepare, execute and submit an agreement indicating that the Member will make timely income tax payments to the taxing jurisdiction and that the Member accepts personal jurisdiction of the taxing jurisdiction with regard to the collection of income taxes attributable to the Member's Member income, and interest, interest and penalties assessed on such income, if such agreement is required by the taxing jurisdiction. If the Member fails to provide such agreement, the Company may withhold and pay over to such taxing jurisdiction the amount of tax, penalty and interest determined under the laws of the taxing jurisdiction with respect to such income. Any such payments with respect to the income of the Member shall be treated as a distribution for purposes of Article 5this Agreement.

Appears in 1 contract

Samples: Operating Agreement

Taxes of Taxing Jurisdictions. To the extent that the laws of any taxing jurisdiction require----------------------------- Taxing Jurisdiction requires, each Member (or such Members as may be required by the Member Taxing Jurisdiction) will prepare and the Member will execute and submit an agreement indicating that the Member will make timely income tax payments to the taxing jurisdiction Taxing Jurisdiction and that the such Member accepts personal jurisdiction of the taxing jurisdiction Taxing Jurisdiction with regard to the collection of income taxes attributable to the Member's income, and interest, penalties and penalties interest assessed on such income, if such agreement is required by the taxing jurisdiction. If the Member fails to provide such agreement, the Company may withhold and pay over to such taxing jurisdiction Taxing Jurisdiction the amount of tax, penalty penalty, and interest determined under the laws of the taxing jurisdiction Taxing Jurisdiction with respect to such income. Any such payments with respect to the income of the a Member shall be treated as a distribution for purposes of Article 510.

Appears in 1 contract

Samples: Operating Agreement (Morrison Restaurants Inc/)

Taxes of Taxing Jurisdictions. To the extent that the laws of any taxing jurisdiction Taxing Jurisdiction require, each Member (or such Members as may be required by the Member Taxing Jurisdiction) will prepare and the Member will execute and submit an agreement indicating that the Member will make timely income tax payments to the taxing jurisdiction Taxing Jurisdiction and that the Member accepts personal jurisdiction of the taxing jurisdiction Taxing Jurisdiction with regard to the collection of income taxes attributable to the Member's ’s income, and interest, and plus any interest or penalties assessed on such income, if such agreement is required by the taxing jurisdiction. If the Member fails to provide such agreement, the Company may withhold and pay over to such taxing jurisdiction Taxing Jurisdiction the amount of tax, penalty and interest determined under the laws of the taxing jurisdiction Taxing Jurisdiction with respect to such income. Any such payments with respect to the income of the a Member shall be treated as a distribution for purposes of Article 510.

Appears in 1 contract

Samples: Joint Venture Limited Liability Company Agreement (Tri-S Security Corp)

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