Examples of Tax Partnership in a sentence

Each Party agrees not to (and to cause the Tax Partnership not to) take any position inconsistent with the allocations set forth in the Allocation Schedule unless required by applicable Law or with the consent of the other Party.
The allocation of the Allocable Amount shall be reflected on a completed Internal Revenue Service Form 8594 (Asset Acquisition Statement under Section 1060), which Form will be timely filed separately by Seller and Buyer (and/or the Tax Partnership, as appropriate) with the Internal Revenue Service pursuant to the requirements of Section 1060(b) of the Code.
If the Closing occurs on or prior to December 31, 2024, such cooperation shall include Purchaser using commercially reasonable efforts to cause the XCL-WEM Tax Partnership to provide to Seller, on or before February 28, 2025, an estimated Internal Revenue Service Schedule K-1 (including corresponding state and local information, as applicable) with respect to the XCL-WEM Tax Partnership reflecting XCL AssetCo, LLC’s share of income, gain, loss and deduction for the Tax period ending on the Closing Date.

More Definitions of Tax Partnership

Tax Partnership is defined in Section 3.23.

Tax Partnership has the meaning set forth in Section 6.1.

Tax Partnership has the meaning set forth in Section 5.14(j).

Tax Partnership means that certain tax partnership recognized as having been created pursuant to Section 11.4 of the Midstream Assets Agreement.

Tax Partnership means the partnership existing for federal income and Louisiana income tax purposes pursuant to Paragraph 20.2 of, and Exhibit F to, the C&O Agreement.

Tax Partnership means the arrangement and undertaking evidenced by the COO Agreement.

Tax Partnership has the meaning set forth in the Participation Agreement.