Examples of HRPT Group in a sentence
If either HRPT (on behalf of the HRPT Group) or GOV (on behalf of the GOV Group) becomes aware of any audit, pending or threatened assessment, official inquiry, examination or proceeding (“Tax Contests”) that could result in an official determination with respect to Taxes due or payable, the responsibility for any portion of which may rest with the other party, such party shall promptly so notify the other party in writing.
For purposes of federal Income Taxes, items of income, gain, loss, deduction, expenditure, and credit shall be allocated and apportioned between the HRPT Group and the GOV Group in the following manner.
For purposes of federal Income Taxes, items of income, gain, loss, deduction, expenditure, and credit shall be allocated and apportioned between the HRPT Group and the Senior Housing Group in the following manner.
At the request of either HRPT or Senior Housing, any disputes between HRPT (on behalf of the HRPT Group) and Senior Housing (on behalf of the Senior Housing Group) with respect to matters governed by this Section 6 shall be resolved through an arbitration by a firm of independent certified public accountants, mutually agreed upon by HRPT and Senior Housing and having no material relationship with either HRPT or Senior Housing, whose determination shall be final and binding on both parties.
The responsibility for any additional liability for Taxes resulting from a Tax Contest shall be allocated and apportioned between the HRPT Group and the GOV Group in accordance with Section 6.1. Except to the extent in conflict with the provisions of this Section 6, the provisions of Section 5.3 shall be applicable to Tax Contests.
Each of HRPT (on behalf of the HRPT Group) and Senior Housing (on behalf of the Senior Housing Group) agree that, except as required by applicable law, they will not take positions in any such Tax Return that are inconsistent with (i) the description of federal Income Tax consequences in the Senior Housing Registration Statement and (ii) any other Tax Return, whether filed on behalf of the HRPT Group or the Senior Housing Group, previously or substantially contemporaneously filed with such Tax Return.
If either HRPT (on behalf of the HRPT Group) or Senior Housing (on behalf of the Senior Housing Group) becomes aware of any audit, pending or threatened assessment, official inquiry, examination or proceeding ("Tax Contests") that could result in an official determination with respect to Taxes due or payable the responsibility for any portion of which rests with the other party, such party shall promptly so notify the other party in writing.
The responsibility for any additional liability for Taxes resulting from a Tax Contest shall be allocated and apportioned between the HRPT Group and the Senior Housing Group in accordance with Section 6.1. Except to the extent in conflict with the provisions of this Section 6, the provisions of Section 5.3 shall be applicable to Tax Contests.