Treatment of Certain Amounts Withheld. Notwithstanding anything else in this Agreement, all amounts withheld by the General Partner pursuant to Section 6.05(c) and all amounts that the General Partner determines in good faith to be properly withheld or otherwise paid by any Person on behalf of any Partner pursuant to any provision of applicable law, shall be treated as if such amounts were realized and recognized by the Partnership and distributed to such Partner pursuant to Section 6.02.
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Samples: Limited Partnership Agreement (Host Hotels & Resorts, Inc.), Agreement of Limited Partnership (Host Hotels & Resorts L.P.), Agreement of Limited Partnership (Host Hotels & Resorts, Inc.)
Treatment of Certain Amounts Withheld. Notwithstanding anything else in this Agreement, all amounts withheld by the General Partner pursuant to Section 6.05(c) and all other amounts that the General Partner determines in good faith to be properly withheld or otherwise paid by any Person on behalf of any Partner pursuant to any provision of applicable law, shall be treated as if such amounts were realized and recognized by the Partnership and distributed to such Partner pursuant to Section 6.02.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Host Hotels & Resorts, Inc.), Limited Partnership Agreement (Host Hotels & Resorts, Inc.)
Treatment of Certain Amounts Withheld. Notwithstanding anything else in this Agreement, all amounts withheld by the General Partner pursuant to Section 6.05(c) or 2.04(c) and all amounts that the General Partner determines in good faith to be properly withheld or otherwise paid by any Person on behalf of any Partner Investor pursuant to the Code or any provision of applicable any state, local or non-U.S. tax law, shall be treated as if such amounts were realized and recognized by the Partnership and distributed to such Partner Investor pursuant to Section 6.02.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Greenhill & Co Inc), Limited Partnership Agreement (Greenhill & Co Inc)
Treatment of Certain Amounts Withheld. Notwithstanding anything else in this Agreement, all amounts withheld by the General Partner pursuant to Section 6.05(c) and all amounts that the General Partner determines in good faith to be properly withheld or otherwise paid by any Person on behalf of any Partner Investor pursuant to the Code or any provision of applicable any state, local or non-U.S. tax law, shall be treated as if such amounts were realized and recognized by the Partnership and distributed to such Partner Investor pursuant to Section 6.02.
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Treatment of Certain Amounts Withheld. Notwithstanding anything else in this Agreement, all amounts withheld by the General Partner pursuant to Section 6.05(c6.03(c) and all amounts that the General Partner determines in good faith to be properly attributable to any Limited Partner that are withheld or otherwise paid by any Person on behalf of any Partner pursuant to the Code or any provision of applicable any state, local, U.S. federal or foreign tax law, shall be treated as if such amounts were realized and recognized by the Partnership and distributed to such Limited Partner pursuant to Section 6.02and shall not constitute expenses of the Partnership for any purpose under this Agreement.
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