Common use of Tax Controversies Clause in Contracts

Tax Controversies. Subject to the provisions hereof, the Managing General Partner is designated the Tax Matters Partner (as defined in Section 6231 of the Code) and the designated partner for the purposes of the Income Tax Act including subsections 152(1.4) to 152(1.8) thereof, and is authorized and required to represent the Partnership (at the Partnership’s expense) in connection with all examinations of the Partnership’s affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Partnership funds for professional services and costs associated therewith. Each Partner agrees to cooperate with the Managing General Partner and to do or refrain from doing any or all things reasonably required by the Managing General Partner to conduct such proceedings.

Appears in 7 contracts

Samples: Agreement (Brookfield Infrastructure Partners L.P.), Agreement (Brookfield Infrastructure Partners L.P.), Agreement (Brookfield Property Partners L.P.)

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Tax Controversies. Subject to the provisions hereof, the Managing General Partner is designated shall designate the Tax Matters Organizational Limited Partner or such other Partner as the General Partner shall determine as the “tax matters partner” (as defined in Section 6231 6231(a)(7) of the Code) and (the designated partner for the purposes of the Income Tax Act including subsections 152(1.4) to 152(1.8) thereofMatters Partner”), and such Person is authorized and required to represent the Partnership (at the Partnership’s expense) in connection with all examinations of the Partnership’s affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Partnership funds for professional services and costs associated therewith. Each Partner agrees to cooperate with the Managing General Tax Matters Partner and to do or refrain from doing any or all things reasonably required by the Managing General Tax Matters Partner to conduct such proceedings.

Appears in 7 contracts

Samples: Partnership Agreement (CNX Coal Resources LP), Partnership Agreement (CONE Midstream Partners LP), Partnership Agreement (CONSOL Coal Resources LP)

Tax Controversies. Subject to the provisions hereof, the Managing General Partner is designated as the Tax Matters Partner "tax matters partner" (as defined in Section 6231 of the Code) and the designated partner for the purposes of the Income Tax Act including subsections 152(1.4) to 152(1.8) thereof, Partnership and is authorized to and required to represent the Partnership (at the expense of the Partnership’s expense) in connection with all examinations of the Partnership’s affairs of the Partnership by any federal, state or local tax authorities, including any resulting administrative and judicial proceedings, and to expend funds of the Partnership funds for professional services and costs associated therewith. Each Partner agrees to cooperate with the Managing General Partner and to do or refrain from doing any or all things reasonably required by the Managing General Partner to in connection with the conduct of all such proceedingsproceeding.

Appears in 2 contracts

Samples: Agreement (U S Restaurant Properties Inc), U S Restaurant Properties Inc

Tax Controversies. Subject to the provisions hereof, the Managing General Partner is designated the Tax Matters Partner (as defined in Section 6231 of the Code) and the designated partner for the purposes of the Income Tax Act including subsections 152(1.4) to 152(1.8) thereof, and is authorized and required to represent the Partnership (at the Partnership’s expense) in connection with all examinations of the Partnership’s affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Partnership funds for professional services and costs associated therewith. Each Partner agrees to cooperate with the Managing General Partner and to do or refrain from doing any or all things reasonably required by the Managing General Partner to conduct such proceedings.

Appears in 2 contracts

Samples: Agreement, Agreement

Tax Controversies. Subject to the provisions hereof, the Managing General Partner is designated the Tax Matters Partner (as defined in Section 6231 of the Code) and the designated partner for the purposes of the Income Tax Act including subsections 152(1.4) to 152(1.8152 (1.8) thereof, and is authorized and required to represent the Partnership (at the Partnership’s expense) in connection with all examinations of the Partnership’s affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Partnership funds for professional services and costs associated therewith. Each Partner agrees to cooperate with the Managing General Partner and to do or refrain from doing any or all things reasonably required by the Managing General Partner to conduct such proceedings.

Appears in 1 contract

Samples: Agreement (Brookfield Infrastructure Partners L.P.)

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Tax Controversies. Subject to the provisions hereof, the Managing General Partner is designated as the Tax Matters Partner (as defined in Section 6231 of the Code) and the designated partner for the purposes of the Income Tax Act including subsections 152(1.4) to 152(1.8) thereof, and is authorized and required to represent the Partnership (at the Partnership’s 's expense) in connection with all examinations of the Partnership’s 's affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Partnership funds for professional services and costs associated therewith; provided, however, that the Special Limited Partner may exercise the authority and responsibilities provided for in Section 5.2 of the Purchase Agreement. Each Partner agrees to cooperate with the Managing General Partner and to do or refrain from doing any or all things reasonably required by the Managing General Partner to conduct such proceedings.

Appears in 1 contract

Samples: Ap Eagle Finance Corp

Tax Controversies. Subject to the provisions hereof, the Managing General Partner is designated the Tax Matters Partner (as defined in Section 6231 of the Code) ), shall have all the powers and the designated partner for the purposes duties assigned to a Tax Matters Partner under Sections 6221-6232 of the Income Tax Act including subsections 152(1.4) to 152(1.8) thereof, Code and Treasury Regulations thereunder and further is authorized and required to represent the Partnership (at the Partnership’s 's expense) in connection with all examinations of the Partnership’s 's affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Partnership funds for professional services and costs associated therewith. Each Partner agrees to cooperate with the Managing General Partner and to do or refrain from doing any or all things reasonably required by the Managing General Partner to conduct such proceedings.

Appears in 1 contract

Samples: FFP Real Estate Trust

Tax Controversies. Subject to the provisions hereof, the Managing General Partner is designated the Tax Matters Partner (as defined in Section 6231 of the Code) and the designated partner for the purposes of the Income Tax Act including subsections 152(1.4) to 152(1.8) thereof, and is authorized and required to represent the Partnership (at the Partnership’s 's expense) in connection with all examinations of the Partnership’s 's affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Partnership funds for professional services and costs associated therewith. Each Partner agrees to cooperate with the Managing General Partner and to do or refrain from doing any or all things reasonably required by the Managing General Partner to conduct such proceedings.

Appears in 1 contract

Samples: Agreement (Brookfield Renewable Partners L.P.)

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