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 shall have the meaning provided in Section 6.5.
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Examples of Tax Matter Partner in a sentence

  • 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.

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

  • 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.

  • The Tax Matter Partner shall promptly give notice to all Members of any administrative or judicial proceeding pending before the Internal Revenue Service involving any Company item and the progress of any such proceeding.

  • 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.

  • In this case, the Company shall prepare and file any required federal income tax or other returns, the Member shall be the "Tax Matter Partner" under Section 6231(a)(7) of the Code and the Company shall establish and maintain capital accounts for each Member in accordance with Treasury Regulation ss.

  • 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.

  • At least 30 days prior to the due date (including extensions) for the filing of any U.S. federal income or other material tax return, the Tax Matter Partner shall provide a draft of such return (together with any required schedules or other attachments) for review and approval by the other Members, which shall not be unreasonably withheld or delayed.


More Definitions of Tax Matter Partner

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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Tax Matter Partner shall have the meaning given such term in Section 11.5
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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.

  • 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 KKR Management LLC, a Delaware limited liability company.

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

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

  • Retained Group means the Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (except members of the Group);

  • 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.

  • General Partner has the meaning set forth in the Preamble.

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

  • 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.

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