Common use of Requests for Administrative Adjustments Clause in Contracts

Requests for Administrative Adjustments. No Member shall file a request for an administrative adjustment of partnership items under section 6227 of the Code without first providing notice to the other Members. If the other Members consent to the filing within 30 days after the notice (or such shorter period as may be required to timely file the request), the TMP shall file the request on behalf of the Company. If the other Members do not consent to the filing within the 30 day or shorter period, then any Member, including the TMP, may file the request on its own behalf. <PAGE>

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Solitario Exploration & Royalty Corp.)

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Requests for Administrative Adjustments. No Member shall file a request for an administrative adjustment of partnership items under section 6227 of the Code without first providing notice to the other Members. If the other Members consent to the filing within 30 thirty (30) days after the notice (or such shorter period as may be required to timely file the request), the TMP shall file the request on behalf of the Company. If the other Members do not consent to the filing within the 30 thirty (30) day or shorter period, then any Member, including the TMP, may file the request on its own behalf. <PAGE>.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Gold Torrent Canada Inc)

Requests for Administrative Adjustments. No Member shall file a request for an administrative adjustment of partnership items under section Section 6227 of the Code without first providing notice to the other Members. If the other Members consent to the filing within 30 days after the notice (or such shorter period as may be required to timely file the request), the TMP shall file the request on behalf of the Company. If the other Members do not consent to the filing within the 30 day or shorter period, then any Member, including the TMP, may file the request on its own behalf. <PAGE>.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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Requests for Administrative Adjustments. No Member shall file a request for an administrative adjustment of partnership items under section 6227 of the Code without first providing notice to the other Members. If the other Members consent to the filing within 30 days after the notice (or such shorter period as may be required to timely file the request), the TMP shall file the request on behalf of the Company. If the other Members do not consent to the filing within the 30 day days or shorter period, then any Member, including the TMP, may file the request on its own behalf. <PAGE>.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Contango ORE, Inc.)

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