Common use of Taxes of Taxing Jurisdictions Clause in Contracts

Taxes of Taxing Jurisdictions. To the extent that the laws of any Taxing Jurisdiction permits or requires, each Member requested to do so by the Board of Managers will submit an agreement in writing 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, interest and penalties assessed on such income. The Company may withhold and pay over to any Taxing Jurisdiction the amount of tax, penalties and interest with respect to such income determined under the laws of the Taxing Jurisdiction. The Board of Managers may, where permitted by the rules of any Taxing Jurisdiction, file a composite, combined or aggregate tax return reflecting the income of the Company and pay the tax, interest and penalties of some or all of the Members on such income to the Taxing Jurisdiction, in which case the Company shall inform the Members of the amount of such tax, interest and penalties so paid. Any payments made on behalf of the Member(s) pursuant to this Section 4.5 shall be treated as a distribution to such Member(s) for purposes of this Agreement.

Taxes of Taxing Jurisdictions. To the extent that the laws of any Taxing Jurisdiction permits or requiresrequire, each Member requested to do so by the Board of Managers Manager will submit an agreement in writing indicating providing 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 's income, interest and interest, and penalties assessed on such income. The If the Member fails to provide such agreement, the Company may withhold and pay over to any such Taxing Jurisdiction the amount of tax, penalties and interest with respect to such income. Any such payments with respect to the income determined under the laws of the Taxing Jurisdictiona Member shall be treated as a distribution for purposes of Article XII. The Board of Managers Manager may, where permitted by the rules of any Taxing Jurisdiction, file a composite, combined or aggregate tax return reflecting the income of the Company and pay the tax, interest and penalties of some or all of the Members on such income to the Taxing Jurisdiction, in which case the Company shall inform the Members of the amount of such tax, tax interest and penalties so paid. Any payments made on behalf of the Member(s) pursuant to this Section 4.5 shall be treated as a distribution to such Member(s) for purposes of this Agreement.

Taxes of Taxing Jurisdictions. To the extent that the laws of any Taxing Jurisdiction permits or requiresrequire, each Member requested to do so by the Board of Managers will shall submit an agreement in writing 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. The If the Member fails to provide such agreement, Company may withhold and pay over to any such Taxing Jurisdiction the amount of tax, penalties and interest with respect to such income. Any such payments with respect to the income determined under the laws of the Taxing Jurisdictiona Member shall be treated as a Distribution for purposes of Article XII hereof. The Board of Managers Company may, where permitted by the rules of any Taxing Jurisdiction, file a composite, combined or aggregate tax return reflecting the income of the Company and pay the tax, interest and penalties of some or all of the Members on such income to the Taxing Jurisdiction, in which case the Company shall inform the Members of the amount of such tax, interest and penalties so paid. Any payments made on behalf of the Member(s) pursuant to this Section 4.5 shall be treated as a distribution to such Member(s) for purposes of this Agreement.

Taxes of Taxing Jurisdictions. To the extent that the laws of any Taxing Jurisdiction permits or requiresrequire, each Member requested to do so by the Board of Managers will Manager shall submit an agreement in writing indicating that requiring the Member will to 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, interest and interest, and penalties assessed on such the income. The If the Member fails to provide the agreement, the Company may withhold and pay over to any the Taxing Jurisdiction the amount of tax, penalties and interest with respect to such the income. Any payments with respect to the income determined under the laws of the Taxing Jurisdiction. a Member shall be treated as a Distribution for purposes of Article X. The Board of Managers Manager may, where permitted by the rules of any Taxing Jurisdiction, file a composite, combined or aggregate tax return reflecting the income of the Company and pay the tax, interest and penalties of some or all of the Members on such the income to the Taxing Jurisdiction, in which case the Company shall inform the Members of the amount of such the tax, interest and penalties so paid. Any payments made on behalf of the Member(s) pursuant to this Section 4.5 shall be treated as a distribution to such Member(s) for purposes of this Agreement.