Partnership Item definition

Partnership Item has the meaning set forth in Section 623i (a)(7) of the Code or any successor provision.
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Partnership Item means, with respect to an Indemnitee, any item of income, gain, loss, deduction, credit or credit recapture directly relating to any activity of the Partnership or any Affiliate and required to be reflected in a Return filed by the Partnership or any Affiliate, but only if (i) the item is required to be reflected in a U.S. federal, state or local or other Return filed by such Indemnitee or (ii) such Indemnitee is required to make a Tax payment to any taxing authority in respect of such item.
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Partnership Item means, with respect to a partnership, any item required to be taken into account for the partnership’s taxable year under any provision of subtitle A to the extent regulations prescribed by the Secretary provide that, for purposes of this subtitle, such item is more appropriately determined at the partnership level than at the partner level.”).6
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Examples of Partnership Item in a sentence

  • The Indemnitee shall notify the Company within thirty (30) days of the receipt by such Indemnitee of a refund of Taxes in respect of any Partnership Item for any Covered Period.

  • ECCE PROGRAM ADVERTISEMENTS❑ Back Cover $3,000❑ Inside Cover $2,500❑ Full Page Ad $2,000❑ Half Page Ad $1,500Partnership Item Cost $Partnership Item Payment InformationFull payment must be received within ten (10) business days of contract submission.

  • INFORMATION WITH RESPECT TO H.S. INVESTMENTS, INC.: Item 2.(a) Name and State of Organization: H.S. Investments, Inc., a Nevada Corporation, as general partner of Sutter Investments Limited Partnership Item 2.(b) Principal Business: Investor Item 2.(c) Address of Principal Business: c/o Stephen M.

  • Enterprise DesktopHigh-End DesktopAutodesk Certified HardwarePlease refer to profiles under Personal Computer Partnership Item 5.3 Product &Cost ProposalPlease refer to profiles under Personal Computer Partnership Item 5.3 Product& Cost Proposal Resulting Prices and Product Configurations:Vendors shall complete the following table.

  • Public-Private Partnership Item 1 - 3YR Plan Courted at one public-private partnership for redevelopment within the Urban Redevelopment Area to encourage development of alternative housing forms for diversity in local residential housing stock and proximate downtown living.

  • Portable NotebookConvertible/TabletTabletPlease refer to profiles under Personal Computer Partnership Item 5.3 Product& Cost ProposalPlease refer to profiles under Personal Computer Partnership Item 5.3 Product &Cost ProposalPlease refer to profiles under Personal Computer Partnership Item 5.3 Product &Cost Proposal Resulting Prices and Product Configurations:Vendors shall complete the following table.

  • See Item 2.7.3 - Partnership Agreement – Distributions from the Partnership, Item 3.1 - Compensation and Securities Held, Item 3.2 - Fees and Expenses and Item 7 - Compensation Paid to Sellers and Finders.

  • The Committee will receive reports from Public Health and the Milton Keynes Homelessness Partnership (Item 6a) (Pages 17 to 25) and from the Service Director (Adult Social Care) (Item 6b) (Pages 26 to 27), which provides an overview of issues and an update on service provision.

Related to Partnership Item

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Partnership means the limited partnership formed under the Act and pursuant to this Agreement, and any successor thereto.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Limited Partners means all such Persons.

  • Virginia venture capital account means an investment fund that has been certified by the

  • Partnership Percentage means a percentage established for each partner on the Partnership' books as of the first day of each Fiscal Period. The Partnership Percentage of a Partner for a Fiscal Period shall be determined by dividing the amount of the Partner's capital account as of the beginning of the Fiscal Period by the sum of the capital accounts of all of the Partners as of the beginning of the fiscal Period. The sum of the Partnership Percentage for each fiscal Period shall equal one hundred percent (100%).

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Partnership Loan has the meaning provided in Section 5.2(c) hereof.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Partnership Group Member means any member of the Partnership Group.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • Limited Partner means any Person named as a Limited Partner on Exhibit A attached hereto, and any Person who becomes a Substitute Limited Partner, in such Person’s capacity as a Limited Partner in the Partnership.

  • Partnership Representative has the meaning set forth in Section 5.2(a).