Common use of Tax Elections Clause in Contracts

Tax Elections. The General Partner shall, from time to time, make such tax elections as it deems necessary or desirable in its sole discretion to carry out the business of the Partnership or the purposes of this Agreement. Notwithstanding the foregoing, the General Partner shall make a timely election under Section 754 of the Code.

Tax Elections. The General Partner shall, from time to time, shall make such tax elections on behalf of the Partnership as it deems necessary or desirable shall deem appropriate in its sole discretion to carry out the business of the Partnership or the purposes of this Agreement. Notwithstanding the foregoing, the General Partner shall make a timely election under Section 754 of the Codediscretion.

Tax Elections. (a) The General Partner shallmay, from time to timeif it so determines, make such tax elections as it deems necessary or desirable in its sole discretion to carry out the business of the Partnership or the purposes of this Agreement. Notwithstanding the foregoing, the General Partner shall make a timely election under Section 754 of Code on behalf of the CodePartnership. In no event shall the Partnership or the General Partner be held responsible or liable for the failure to make such election. Any Partner who desires such election to be made shall give the General Partner notice of the event giving rise to an adjustment for which such election is desired within thirty (30) days after the close of the fiscal year within which the event occurs.

Tax Elections. The General Partner shall, from time to time, make such tax elections as it deems necessary or desirable in its sole discretion to carry out the business of the Partnership or the purposes of this Agreement. Notwithstanding the foregoing, the General Partner shall make a timely election under Section 754 of the Code.

Tax Elections. The General Partner shallshall (and is hereby authorized to) cause the Partnership and, from time to timeif applicable, make such tax elections as it deems necessary or desirable in its sole discretion to carry out the business any subsidiary of the Partnership or the purposes of this Agreement. Notwithstanding the foregoing, the General Partner shall to make a timely election under Section 754 of the Code, or any similar provision enacted in lieu thereof, and any similar provisions under any state, local or non-U.S. tax law. The General Partner shall have the power to make any other election on behalf of the Partnership that the General Partner deems appropriate in its sole discretion.

Tax Elections. The General Partner shall, from time to time, shall make such tax elections on behalf of the Partnership as it deems necessary or desirable shall deem appropriate in its sole discretion to carry out the business of the Partnership or the purposes of this Agreementdiscretion. Notwithstanding anything in this Agreement to the foregoingcontrary, the General Partner shall not be required to make a timely an election under Section 754 of the CodeInternal Revenue Code or corresponding provisions of applicable state income tax law.

Tax Elections. The General Partner shall, may from time to time, time make and revoke such tax elections as it deems necessary or desirable in its sole discretion to carry out the business of the Partnership or the purposes of this Agreement. Notwithstanding the foregoing, the General Partner shall make a timely election under Section 754 of the Code.