Company Representative definition
Examples of Company Representative in a sentence
The Company Representative shall designate a “designated individual” in accordance with Treasury Regulations Section 301.6223-1(b)(3).
Any reasonable, documented cost or expense incurred by the Company or the Company Representative in connection with the roles and responsibilities described in this Section 8.5 shall be paid or reimbursed by the Company.
The Managing Member is specially authorized and appointed to act as the Company Representative and in any similar capacity under state or local Law.
In acting as Company Representative, the Cobra Member shall act, to the maximum extent possible, to cause income, gain, loss, deduction and credit of the Company, and adjustments thereto, to be allocated or borne by the Members in the same manner as such items or adjustments would have been borne if the Company could have effectively made an election under Section 6221(b) of the Code or similar state or local provision with respect to the taxable period at issue.
Each Member hereby agrees to indemnify and hold harmless the Company, the other Members, the Company Representative from and against any Liability for taxes with respect to income attributable to or distributions or other payments to such Member.