Examples of Tax Matters Member in a sentence

Within ninety (90) days after the end of each Fiscal Year, the Tax Matters Member shall send, or cause to be sent to, each Person who was a Member at any time during the Fiscal Year then ended a Schedule K-1 and such Company tax information as the Tax Matters Member reasonably believes shall be necessary for the preparation by such Person of its United States federal, state and local tax returns in accordance with any Law.
The Tax Matters Member or Partnership Representative may be removed at any time by the Board of Managers.
The Tax Matters Member shall have the authority, following consultation with the Initial Member, to make any tax elections on behalf of the Company permitted to be made, including the election pursuant to Section 754, under any section of the Code or the Treasury Regulations promulgated thereunder or under other Laws.
The Tax Matters Member or Partnership Representative may resign at any time.
The Tax Matters Member is specifically directed and authorized to take whatever steps the Tax Matters Member in its sole and absolute discretion deems necessary or desirable to perfect such designation, including, without limitation, filing any forms or documents with the Internal Revenue Service (or other tax authorities) and taking such other action as may from time to time be required under the Code, Treasury Regulations or other Laws.

More Definitions of Tax Matters Member

Tax Matters Member means the “tax matters partner” as defined in Section 6231(a)(7) of the Code.

Tax Matters Member has the meaning set forth in Section 7.4 of this Agreement.

Tax Matters Member has the meaning set forth in Section 8.1.

Tax Matters Member has the meaning set forth in Section 7.3 hereof.

Tax Matters Member is defined in Section 10.1(a).

Tax Matters Member has the meaning given such term in Section 10.03.

Tax Matters Member shall have the meaning assigned to such term in Section 5.11.