Tax Matter Partner definition

Tax Matter Partner. The term "Tax Matter Partner" shall mean the Person designated pursuant to Section 8.01.
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Tax Matter Partner means the Person designated pursuant to Section 8.01.
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Tax Matter Partner. KFx shall initially serve as the "Tax Matters Partner" as that term is defined in Section 6231 of the Code. The Tax Matter Partner may sometimes be referred to herein as "Tax Matter Member." (bb) "Transferring Member" shall collectively mean a Selling Member and a Gifting Member. (cc) "Treasury Regulations" shall mean the Federal income tax regulations, including any temporary or proposed regulations, promulgated under the Code, as such Treasury Regulations may be amended from time to time (it being understood that all references herein to specific sections of the Treasury Regulations shall be deemed also to refer to any corresponding provisions of succeeding Treasury Regulations). (dd) "Withdrawal Event" shall occur upon the death, retirement, resignation, expulsion, bankruptcy or dissolution of a Member, or the occurrence of any other event which terminates the continued membership of a Member in the Company.
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Examples of Tax Matter Partner in a sentence

  • Woodworm to act as "Tax Matter Partner" as that term is defined in Section 6231(a)(7) of the Code.

  • The Company shall indemnify and hold harmless the Tax Matters Partner and its directors, officers, employees and agents from and against any loss, expense, damage or injury suffered or sustained by them by reason of any acts, omissions or alleged acts or omissions arising out of its activities on behalf of the Company as Tax Matters Partner absent the gross negligence of the Tax Matter Partner.

  • The Tax Matter Partner shall represent the Company (at the Company's expense) in connection with all examinations of the Company's affairs by tax authorities, including resulting judicial and administrative proceedings, and shall expend the Company funds for professional services and costs associated therewith.

  • The Members specifically acknowledge that the Tax Matters Partner shall not be liable, responsible or accountable in damages or otherwise to the Company or any Member with respect to any action taken by the Tax Matters Partner with respect to an Audit absent the gross negligence of the Tax Matter Partner.

  • To the extent reasonably practicable, the Tax Matter Partner shall obtain approval of the Board of Managers prior to taking any action in his capacity as the Tax Matters Partner.

  • To the extent that a portion of the Entity Taxes for a prior year relates to a former partner of the Tax Partnership, the Tax Matter Partner may require such former partner to indemnify the Tax Partnership for its allocable portion of such taxes.

  • When defining “success,” it is important to recognize the multiple levels of development needed to successfully implement consumer and family run organizations, as summarized in the figure that follows.

  • All expenses of the Tax Matters Partner incurred in serving as Tax Matter Partner shall be Company expenses and shall be paid by the Company.

  • Notwithstanding the foregoing, no Member waives, and all Members hereby expressly retain, all rights, powers and privileges allowed to them under Sections 6221-6233 of the Code and the Treasury Regulations thereunder, including but not limited to the right to participate in an administrative proceeding and not to be bound by settlement agreements entered into by the Tax Matter Partner.

  • Mister Cottrell, VFR’s Tax Matter Partner, signed an IRS Form 872-P that extended the statute of limitations period to December 1994.


More Definitions of Tax Matter Partner

Tax Matter Partner shall have the meaning given such term in Section 11.5
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Tax Matter Partner shall have the meaning provided in Section 6.5.
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Related to Tax Matter Partner

  • Tax Matters Member has the meaning set forth in Section 8.4(d).

  • Tax Matter has the meaning set forth in Section 7.01.

  • Lead Partner means the lead partner of a joint venture, as described in Sub-Clause

  • Tax Matters Partner has the meaning set forth in Section 5.08.

  • Selling Partner has the meaning set forth in Section 8.5.

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Managing Partner means Geodyne Production Company, a Delaware corporation, and any other Person admitted as additional or Substituted Managing Partner pursuant to Article Six of this Agreement.

  • Tax Advisor means a United States tax counsel or accountant of recognized national standing.

  • Tax Matters means all tax matters including criminal tax matters,

  • Dating partner means any person involved in an intimate association with another individual that is primarily characterized by the expectation of affectionate involvement, whether casual, serious, or long-term.

  • Implementing Partner or “IP” means [full name of Implementing Partner, followed by address].

  • Council Member means a member of the Council;

  • Tax Matters Person Any person designated as "tax matters person" in accordance with Section 5.06 and the manner provided under Treasury Regulation ss. 1.860F-4(d) and Treasury Regulation ss. 301.6231(a)(7)-1.

  • Co-licensed partner means a person who, with at least one other person, has the right to engage in

  • General Partner means the Company or its successors as general partner of the Partnership.

  • Member Representative means an individual who can make OHP-related decisions for a member who is not able to make such decisions themselves.

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Stockholders’ Representative has the meaning set forth in the Preamble.

  • Non-Managing Member means any Member other than the Managing Member.

  • Faculty member means any person hired by the college or District to conduct classroom or teaching activities or who is otherwise considered by the college to be a member of faculty.

  • Former Partner means (i) with respect to a Partner that is a trust, a Partner that has ceased to be a Qualified Trust, and has become a Former Partner, pursuant to the terms of Section 1.78; (ii) with respect to a Partner that is an Entity, a Partner that has ceased to be a Qualified Entity, and has become a Former Partner, pursuant to the terms of Section 1.18; (iii) a Partner that has become a Bankrupt Partner and a Former Partner, pursuant to the terms of Section 1.7; (iv) a Partner that has become a Pledgor Partner and a Former Partner, pursuant to the terms of Section 1.74; and (v) a Partner that ceases to be a Participating Stockholder with respect to the Class B Shares of each Company in which the Partnership owns Class B Shares.

  • Partnership Tax Audit Rules means Sections 6221 through 6241 of the Code, as amended by the Bipartisan Budget Act of 2015, together with any guidance issued thereunder or successor provisions and any similar provision of state or local tax laws.

  • Shareholders’ Representative has the meaning set forth in the Preamble.

  • Shareholder Representative has the meaning set forth in the preamble.

  • Stockholder Representative has the meaning set forth in the preamble.

  • lay member means a member of the Authority, who is not, nor has been: