Tax Matters Member definition

Tax Matters Member has the meaning set forth in Section 8.4(d).
Tax Matters Member shall have the meaning set forth in Section 6.07.
Tax Matters Member has the meaning set forth in Section 10.3(a).

Examples of Tax Matters Member in a sentence

  • Any cost or expense incurred by the Tax Matters Member in connection with its duties, including the preparation for or pursuance of administrative or judicial proceedings, shall be paid by the Company.

  • The Tax Matters Member shall have full and exclusive power and authority on behalf of the Company to represent the Company (at the Company’s expense) in connection with all examinations of the Company’s affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Company funds for professional services and costs associated therewith.

  • The Tax Matters Member shall prepare and timely file (on behalf of the Company) all federal, state and local tax returns required to be filed by the Company.

  • The Directors shall designate a Person to be specifically authorized to act as the “Tax Matters Member” under the Code and in any similar capacity under state or local law; provided, however, that the Directors shall have the authority to designate, remove and replace the Tax Matters Member who shall act as the tax matters partner within the meaning of and pursuant to Regulations Sections 301.6231(a)(7)-1 and -2 or any similar provision under state or local law.

  • If an audit of any of the Company’s tax returns shall occur, the Tax Matters Member shall not settle or otherwise compromise assertions of the auditing agent which may be adverse to any Member as compared to the position taken on the Company’s tax returns without the prior written consent of each such affected Member.


More Definitions of Tax Matters Member

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