Tax Matters Representative definition

Tax Matters Representative has the meaning set forth in Section 11.04(a).

Tax Matters Representative shall have the meaning set forth in Section 10.2.A.

Tax Matters Representative has the meaning set forth in Section 4.6(a).

Examples of Tax Matters Representative in a sentence

• In addition, if any such payment is made on behalf of or with respect to a former Member, that Member shall pay over to the Company an amount equal to the amount of such payment made on behalf of or with respect to it within thirty (30) days of written notice from the Tax Matters Representative requesting the payment (provided that the foregoing shall not apply to penalties attributable to the Company’s gross negligence or willful misconduct).

• The Managing Member shall keep the Class A Limited Members fully and timely informed by written notice of any material developments related to audit, administrative or judicial proceedings, meetings or conferences with the IRS or other similar matters that come to its attention in its capacity as Tax Matters Representative that could reasonably be expected to have a material adverse effect on the Class A Limited Members.

• The Tax Matters Representative shall be the sole signatory on Company tax returns, unless otherwise required by law.

• Furthermore, the Tax Matters Representative shall not take any action under this Section 9.4 that would reasonably be expected to have a material adverse effect on the Class A Limited Members without such members’ consent (not to be unreasonably withheld, conditioned or delayed).

• Any cost or expense incurred by the Tax Matters Representative in connection with its duties, including the preparation for or pursuance of administrative or judicial proceedings, will be paid by the Company.

More Definitions of Tax Matters Representative

Tax Matters Representative is defined in Section 5.5.1.

Tax Matters Representative has the meaning given such term in Section 10.3.

Tax Matters Representative shall have the meaning ascribed to such term in Section 7.7(a).

Tax Matters Representative has the meaning set forth in Section 8.03.

Tax Matters Representative means the “partnership representative” of the Company within the meaning of Section 6223(a) of the Code. Termination Date – means the date that is ten (10) years after the Investment Period Termination Date, subject to extension pursuant to Section 2.06.

Tax Matters Representative has the meaning set forth in Section 9.4.

Tax Matters Representative is defined in Section 12.04(a).