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

Examples of Partnership Representative in a sentence

• All third-party costs and expenses incurred by the Partnership Representative in performing its duties as such (including legal and accounting fees and any out-of-pocket expenses) shall be borne by the Partnership.

• If the Partnership Representative is not an individual, the Partnership Representative shall be permitted to appoint a “designated individual” within the meaning of Regulations Section 301.6223-1.

• The Partnership Representative shall arrange for the preparation and timely filing of all returns of the Partnership’s income, gains, deductions, losses and other items required of the Partnership for federal, state and local income tax purposes.

• The Partnership Representative shall receive no compensation for its services.

• For the avoidance of doubt, the provisions relating to indemnification of a Partner set forth in Article VIII of this Agreement shall be fully applicable to the Partnership Representative in its capacity as such.

More Definitions of Partnership Representative

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

Partnership Representative is defined in Section 9.9(a).

Partnership Representative has the meaning given such term in Section 9.3.

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 shall have the meaning set forth in Section 11(e)(iv).