Tax Elections definition

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Tax Elections is defined in Section 5.7.

Tax Elections means the tax elections referred to in Sections 3.6 and 3.8.

Examples of Tax Elections in a sentence

• Tax Elections that are available to the Limited Partnership may be exercised at the discretion of the General Partner(s).

• Subject to Section 14.17 (Income Tax Elections and Information Returns.), the General Partner shall file or cause to be filed, on behalf of itself and the Limited Partners, annual Fund information returns and any other information required to be filed under the Tax Act and any other applicable Canadian tax legislation in respect of Fund matters.

• A-29 5.19 Tax Elections.......................................................

• Sublessor warrants and represents, to the best of Sublessor's knowledge, information and belief, that the Lease is subsisting and is in full force and effect, Sublessor is not in default thereunder, and all rents, additional rents and charges due thereunder are and will be paid.

• Notwithstanding anything in this Agreement to the contrary, for so long as the Partnership is treated as a disregarded entity for federal and applicable state and local income tax purposes, the provisions of Sections 5.1 (Allocation of Profit and Loss), 10.5 (Tax Elections; Special Basis Adjustments) and 11.3 (Deemed Contribution and Distribution) shall not apply.

More Definitions of Tax Elections

Tax Elections has the meaning set out in Section 2.01(3);

Tax Elections has the meaning set forth in Section 4.06(a).

Tax Elections shall have the meaning ascribed to such term in Section 5.9(b)(ii).

Tax Elections has the meaning ascribed thereto in Section 3.8.

Tax Elections. The General Partner shall cause the Partnership to make all elections required or permitted to be made for income tax purposes. Notwithstanding the foregoing, the General Partner may cause the Partnership to make, in accordance with Section 754 of the Code, a timely election to adjust the basis of the Partnership property as described in Sections 734 and 743 of the Code in the sole discretion of the General Partner.

Tax Elections shall have the meaning set forth in Section 6.20(b).

Tax Elections means the tax elections referred to in Sections 3.7, 3.8 and 3.9 hereof;