Common use of Tax Audit Procedures Clause in Contracts

Tax Audit Procedures. (i) The Tax Matters Member shall (A) take any action on behalf of the Company that must or may be taken by it under the New Partnership Tax Audit Rules; (B) file any request for an administrative adjustment on behalf of the Company pursuant to the New Partnership Tax Audit Rules (including Section 6227 of the New Partnership Tax Audit Rules);

Appears in 2 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement