Other Tax Elections. Except as provided in Section 16.c hereof, relating to the tax classification of the Company, the Board of Managers may make, or not make, in its sole and absolute discretion, any tax election provided under the Code, or any provision of state, local or foreign tax law. Any determination made pursuant to this Section 16.d by the Board of Managers shall be conclusive and binding on the Member.
Other Tax Elections. The Purchaser and the Vendor shall also execute and deliver such other Tax elections and forms as they may mutually agree upon.
Other Tax Elections. The Fund, in the sole discretion of the Manager, may make, alter, amend or revoke all elections required or permitted to be made by the Fund under any applicable state or local tax law or regulation.
Other Tax Elections. Buyer and Seller shall execute and deliver such other Tax elections and forms as they may mutually agree upon. Buyer and Seller agree to furnish or cause to be furnished to each other, upon request, as promptly as practicable, such information and assistance relating to the Purchased Assets (including access to Books and Records and Tax Returns and related working papers dated before Closing) as is reasonably necessary for the filing of all Tax Returns, the making of any election relating to Taxes, the preparation for any audit by any taxing authority, the prosecution or defense of any claims, suit or proceeding relating to any Tax, and the claiming by Buyer of any federal, provincial or local business tax credits or incentives that Buyer may qualify for in any of the jurisdictions in which any of the Purchased Assets are located; provided however, that neither Buyer nor Seller shall be required to disclose the contents of its income Tax Returns to any Person. Any expenses incurred in furnishing such information or assistance pursuant to this Section shall be borne by the Party requesting it.
Other Tax Elections. Subject to Section 6.06(b) the General Partner shall have the discretion to make or not make all elections with respect to the Partnership permitted under the Code, Treasury Regulations, or other tax laws or regulations, including but not limited to elections under Code Section 754.
Other Tax Elections. The Manager may, in its sole discretion, make or revoke the elections referred to in section 754 of the Code or any corresponding provisions of state tax laws. Each of the Members will upon request supply the information necessary to properly give effect to such elections. The Manager shall revalue Company property to its fair market value (taking into account section 7701(g) of the Code) on the revaluation date in accordance with section 1.704-1(b)(2)(iv)(f) of the Regulations, and shall adjust the Capital Accounts of the Members as described herein when any new or existing Member contributes money or other property (other than a de minimis amount) to the Company in exchange for an interest in the Company or when the Company distributes money or other property (other than a de minimis amount) to a withdrawing or continuing Member in exchange for all or a portion of such Member's interest in the Company.
Other Tax Elections. Correvio and Cardiome shall also execute and deliver such other Tax elections and forms as they may mutually agree upon.
Other Tax Elections. The Company shall be taxed as provided in Section 00-00-000 U.C.A. 2001 as amended, for state tax purposes. The Managers may, in their sole discretion, make or revoke the elections referred to in section 754 of the Code. Each of the Members will upon request supply the information necessary to properly give effect to such elections. The Managers shall revalue Company property at its fair market value (taking into account section 7701(g) of the Code) on the revaluation date in accordance with section 1.704-1-(b)(2)(iv)(f) of the Regulations, and shall adjust the Capital Accounts of the Members as described herein when any new or existing Member contributes money or other property (other than a de minimis amount) to the Company in exchange for an interest in the Company or when the Company distributes money or other property (other than a de minimis amount) to a withdrawing or continuing Member in exchange for all or a portion of such Member’s interest in the Company.
Other Tax Elections. Parent shall make, or cause to be made, the elections described in items 1 and 2 of Section 6.1(a) of the Seller Disclosure Letter.
Other Tax Elections. All elections required or permitted to be made by the Partnership under any applicable tax laws shall be made by the General Partner in such manner as the General Partner may determine. In making such elections, the General Partner may rely upon the advice of the Partnership's regularly retained accountant.
