Tax Member definition

Tax Member is defined in Section 8.2.
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Tax Member means that Member whose Affiliate provides tax services to the Company pursuant to a Management Services Agreement.
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Tax Member is defined in Section 10.6(a).
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Examples of Tax Member in a sentence

  • The Tax Member shall take such action as may be necessary to cause to the extent possible each other Member to become a “notice partner” within the meaning of Section 6223 of the Code.

  • The Tax Member shall inform each other Member of all significant matters that may come to his attention in his capacity as Tax Member by giving notice thereof on or before the tenth business day after becoming aware thereof and, within that time, shall forward to each other Member copies of all significant written communications he may receive in that capacity.

  • Not less than 60 days prior to the due date (as extended) of the federal income tax return or any state income tax return with respect to the Company, the return proposed by the Tax Member to be filed by the Company shall be furnished to the Members for review and approval.

  • Each Member shall furnish to the Company and the Tax Member all pertinent information in its possession relating to the Company’s operations that is necessary to enable the tax returns to be timely prepared and filed.

  • The Tax Member shall determine, with respect to each Allocation Year, how to apply the provisions of this Section 10.3 in whatever manner is likely to minimize the economic distortions that might otherwise result from the Regulatory Allocations.

  • The Tax Member shall determine, with respect to each Allocation Year, how to apply the provisions of this Section 10.3(a) in whatever manner is likely to minimize the economic distortions that might otherwise result from the Regulatory Allocations.

  • The Tax Member shall prepare and timely file or cause to be prepared and filed (on behalf of the Company) all federal, state, local and foreign tax returns required to be filed by the Company.

  • Depreciation shall be determined with reference to such beginning Gross Asset Value using any reasonable method selected by the Tax Member.

  • Upon any change in the relative interests of the Tax Members in the Company, whether by reason of the admission or withdrawal of a Tax Member, the Transfer by any Tax Member of all or any part of its interest, or otherwise, the Members’ shares of all Company items shall be determined by reference to any method acceptable under the Regulations under Section 706 of the Code, as determined by the Managing Member.

  • Except as expressly required by the Act, no Tax Member shall be required to make any contribution to the Company or any Subsidiary by reason of any negative balance in such Member’s Capital Account nor shall any negative balance in a Tax Member’s Capital Account create any liability on the part of the Member to any third party.


More Definitions of Tax Member

Tax Member means that Member whose Affiliate provides tax services to the Company pursuant to a Management Services Agreement. “Transfer” has the meaning set forth in Section 4.1(a).
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Tax Member has the meaning set forth in Section 9.1.
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Tax Member means such representative or designee appointed to act on behalf of the TRB Members with respect to Tax matters.
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Tax Member means each Common Member and the Promote Member (but not the Preferred Member).
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Tax Member means GSS Holdings, the Non-Capital Member and any Purchaser.
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Related to Tax Member

  • Council Member means a member of the Council;

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

  • Unit Holder means the owner of one or more Units.

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

  • taxable person means any person who, independently, carries out in any place any economic activity, whatever the purpose or results of that activity.

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • Employee Member means a member of the “Bargaining Unit”.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Tribal Member means an enrolled member of the Tribe.

  • Contributing Member shall have the meaning set forth in Section 3.2(b).

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Member means a member of the Board;

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • 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.

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • New member means a person first employed on or after Septem- ber 1, 2005, including a former member who withdrew retirement contributions under Government Code 822.003 and is reemployed on or after September 1, 2005.

  • Designated member means the spouse, child, grandchild, parent, brother, or sister of a deceased individual who owned an interest in a wholesaler, who is entitled to inherit the deceased individual's ownership interest in the wholesaler under the terms of the deceased individual's will, or who has otherwise been designated in writing by the deceased individual to succeed the deceased individual in the wholesaler's business, or is entitled to inherit such ownership interest under the laws of intestate succession of this state. With respect to an incapacitated individual owning an ownership interest in a wholesaler, the term means the person appointed by a court as the conservator of such individual's property. The term also includes the appointed and qualified personal representative and the testamentary trustee of a deceased individual owning an ownership interest in a wholesaler.

  • Junior Member means a registered Member of the Club who is younger than 18 years of age.

  • Active member means a member of the pension program or the individual account program

  • A Member means a companion, fellow, member, honorary member, associate or affiliate of the Society

  • Contributing Partner means each Partner contributing (or deemed to have contributed on termination and reconstitution of the Partnership pursuant to Section 708 of the Code or otherwise) a Contributed Property.

  • Panel Member ’ means a member of a panel;