Examples of Tax Guidance in a sentence
Notwithstanding the foregoing, in the event Parent receives Tax Guidance providing that Parent’s receipt of the Base Amount would either constitute Qualifying Income or would be excluded from gross income within the meaning of the REIT Requirements, the Company Termination Fee shall be an amount equal to the Base Amount and the Company shall, upon receiving notice that Parent has received the Tax Guidance, pay to Parent the unpaid Base Amount within five (5) Business Days.
Notwithstanding anything to the contrary contained in this Agreement, the General Partner is hereby authorized to amend this Agreement, in its sole discretion, to ensure that this Agreement complies with (a) any rulings, regulations, notices, announcements or other guidance regarding compensatory partnership interests issued after the Effective Time ("NEW TAX GUIDANCE") and (b) any elections the General Partner determines to be necessary or advisable in respect of any such New Tax Guidance.
Notwithstanding anything to the contrary contained in this Agreement, the General Partner is hereby authorized to amend this Agreement, in its sole discretion, to ensure that this Agreement complies with (a) any rulings, regulations, notices, announcements or other guidance regarding compensatory partnership interests issued after the Effective Time (“NEW TAX GUIDANCE”) and (b) any elections the General Partner determines to be necessary or advisable in respect of any such New Tax Guidance.
Notwithstanding anything to the contrary contained in this Agreement, the General Partner is hereby authorized to amend this Agreement, in its sole discretion, to ensure that this Agreement complies with (a) any rulings, regulations, notices, announcements or other guidance regarding compensatory partnership interests issued after the Effective Time (“New Tax Guidance”) and (b) any elections the General Partner determines to be necessary or advisable in respect of any such New Tax Guidance.