Common use of Authority of the Tax Representative; Delegation of Authority Clause in Contracts

Authority of the Tax Representative; Delegation of Authority. The Tax Representative shall have all of the rights, duties, powers, and obligations provided for under the Code, Regulations, or other applicable guidance; provided, however, that if a Person other than the General Partner is the Tax Representative, the Tax Representative shall in all cases act solely at the direction of the General Partner. The Tax Representative may delegate its authority under this Section 5.8 to a Designated Individual; provided, for the avoidance of doubt, that each Designated Individual shall in all cases act solely at the direction of the General Partner.

Appears in 5 contracts

Samples: Limited Partnership Agreement (StepStone Group Inc.), Limited Partnership Agreement (StepStone Group Inc.), Transaction Agreement (StepStone Group Inc.)

AutoNDA by SimpleDocs

Authority of the Tax Representative; Delegation of Authority. The Tax Representative shall have all of the rights, duties, powers, and obligations provided for under the Code, Regulations, or other applicable guidance; providedprovided that, however, that if a Person other than the General Partner Manager is the Tax Representative, the Tax Representative such Person shall in all cases act solely at the direction of the General Partner. The Manager; provided further that, if the Tax Representative may delegate its authority under this Section 5.8 to appoints a Designated Individual; provided, for the avoidance of doubt, that each such Designated Individual shall in all cases act solely at the direction of the General PartnerTax Representative.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Swiftmerge Acquisition Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.)

Authority of the Tax Representative; Delegation of Authority. The Tax Representative shall have all of the rights, duties, powers, and obligations provided for under the Code, Regulations, or other applicable guidance; providedprovided that, however, that if a the Manager designates another Person other than the General Partner is to act as the Tax Representative, the Tax Representative such Person shall in all cases act solely at the direction of the General Partner. The Manager; provided further that, if the Tax Representative may delegate its authority under this Section 5.8 to appoints a Designated Individual; provided, for the avoidance of doubt, that each such Designated Individual shall in all cases act solely at the direction of the General PartnerManager.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Zeo Energy Corp.), Letter Agreement (ESGEN Acquisition Corp), Letter Agreement (ESGEN Acquisition Corp)

Authority of the Tax Representative; Delegation of Authority. The Tax Representative shall have all of the rights, duties, powers, and obligations provided for under the Code, Regulations, or other applicable guidance; provided, howeverthat, that if a Person other than the General Partner Company is the Tax Representative, the Tax Representative shall in all cases act solely at the direction of the General PartnerCompany. The Tax Representative may delegate its authority under this Section 5.8 7.4(b) to a Designated Individual; provided, for the avoidance of doubt, that each Designated Individual who shall in all cases act solely at the direction of the General PartnerCompany.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (GEN Restaurant Group, Inc.), Limited Liability Company Agreement (Viant Technology Inc.)

Authority of the Tax Representative; Delegation of Authority. The Tax Representative shall have all of the rights, duties, powers, and obligations provided for under the Code, Regulations, or other applicable guidance; provided, howeverthat, that if a Person other than the General Partner Company is the Tax Representative, the Tax Representative shall in all cases act solely at the direction of the General PartnerCompany. The Tax Representative may delegate its authority under this Section 5.8 ‎Section 4.3(b) of this ‎Annex C to a Designated Individual; provided, for the avoidance of doubt, that each Designated Individual who shall in all cases act solely at the direction of the General PartnerCompany.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Rubicon Technologies, Inc.), Agreement and Plan of Merger (Founder SPAC)

Authority of the Tax Representative; Delegation of Authority. The Tax Representative shall have all of the rights, duties, powers, and obligations provided for under the Code, Regulations, or other applicable guidance; provided, howeverthat, that if a Person other than the General Partner Company is the Tax Representative, the Tax Representative shall in all cases act solely at the direction of the General PartnerCompany. The Tax Representative may delegate its authority under this Section 5.8 (b) to a Designated Individual; provided, for the avoidance of doubt, that each Designated Individual who shall in all cases act solely at the direction of the General PartnerCompany.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Zevia PBC), Limited Liability Company Agreement (Zevia PBC)

Authority of the Tax Representative; Delegation of Authority. The Tax Representative shall have all of the rights, duties, powers, and obligations provided for under the Code, Regulations, or other applicable guidance; provided, howeverthat, that if the Company designates a Person other than the General Partner is to be the Tax Representative, the Tax Representative shall in all cases act solely at the direction of the General PartnerCompany. The Tax Representative may delegate its authority under this Section 5.8 ‎Section 4.3(b) of this ‎Annex C to a Designated Individual; provided, for the avoidance of doubt, that each Designated Individual who shall in all cases act solely at the direction of the General PartnerTax Representative.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Spring Valley Acquisition Corp.)

AutoNDA by SimpleDocs

Authority of the Tax Representative; Delegation of Authority. The Tax Representative shall have all of the rights, duties, powers, and obligations provided for under the Code, Regulations, or other applicable guidance; provided, howeverthat, that if a Person other than the General Partner Partnership is the Tax Representative, the Tax Representative shall in all cases act solely at the direction of the General PartnerPartnership. The Tax Representative may delegate its authority under this Section 5.8 4.3(b) of this Annex B to a Designated Individual; provided, for the avoidance of doubt, that each Designated Individual who shall in all cases act solely at the direction of the General PartnerPartnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Excelerate Energy, Inc.)

Authority of the Tax Representative; Delegation of Authority. The Tax Representative shall have all of the rights, duties, powers, and obligations provided for under the Code, Regulations, or other applicable guidance; provided, howeverthat, that if a Person other than the General Partner Partnership is the Tax Representative, the Tax Representative shall in all cases act solely at the direction of the General PartnerPartnership. The Tax Representative may delegate its authority under this Section 5.8 ‎Section 4.3(b) of this ‎0 to a Designated Individual; provided, for the avoidance of doubt, that each Designated Individual who shall in all cases act solely at the direction of the General PartnerPartnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Excelerate Energy, Inc.)

Authority of the Tax Representative; Delegation of Authority. The Tax Representative shall have all of the rights, duties, powers, and obligations provided for under the Code, Regulations, or other applicable guidance; provided, howeverthat, that if a Person other than the General Partner Company is the Tax Representative, the Tax Representative shall in all cases act solely at the direction of the General PartnerCompany. The Tax Representative may delegate its authority under this Section 5.8 ‎Section 7.4(b) to a Designated Individual; provided, for the avoidance of doubt, that each Designated Individual who shall in all cases act solely at the direction of the General PartnerCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Viant Technology Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.