Partnership Representative definition

Partnership Representative has the meaning set forth in Section 9.03.

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Partnership Representative has the meaning set forth in Section 5.2(a).

Partnership Representative. The meaning specified in Section 7.17(l).

Examples of Partnership Representative in a sentence

Any action taken -152- by the Partnership Representative in connection with audits of the Issuer under the Code will, to the extent permitted by law, be binding upon the Partners.
The Partnership Representative shall be authorized to make appropriate amendments to the allocations of items pursuant to this Section 7.17(h) if necessary in order to comply with Section 704 of the Code or the appropriate provisions of Treasury Regulations.
Subject to the terms and conditions of this Agreement and except as otherwise provided in this Agreement, in its capacity as Partnership Representative, the Corporation shall have the authority to prepare the tax returns of the Company using such permissible methods and elections as it determines in its reasonable discretion, including without limitation the use of any permissible method under Section 706 of the Code for purposes of determining the varying Units of its Members.
Without limiting the generality of the foregoing, with respect to any audit or other proceeding, the Partnership Representative shall be entitled to cause the Company (and any of its Subsidiaries) to make any available elections pursuant to Section 6226 of the Code (and similar provisions of state, local and other Law), and the Members shall cooperate to the extent reasonably requested by the Company in connection therewith.
In the event the proposed adjustment is equal to or less than $25,000, the Partnership Representative may in its sole discretion elect to have the Issuer pay such adjustment.

More Definitions of Partnership Representative

Partnership Representative is defined in Section 9.9(a).

Partnership Representative has the meaning assigned to such term in Section 7.4(a).

Partnership Representative means the “partnership representative” as defined in Section 6223 of the Code after amendment by P.L. 114-74.

Partnership Representative means the Sponsor or any successor in its capacity as the “partnership representative” within the meaning of Section 6223 of the Code (and any similar provisions under any applicable state or local or foreign tax laws).

Partnership Representative shall have the meaning assigned to such term in Section 2.11(b).

Partnership Representative has the meaning set forth in Section 6223 of the Code, as amended by the BBA.

Partnership Representative has the meaning assigned to such term in Section 6223(a) of the Code.