Tax Matters Partners definition

Tax Matters Partners means the Person identified in the Preamble to this Agreement, or any other Person appointed in accordance with the terms of this Agreement.
Sample 1
Tax Matters Partners means The Cleveland-Cliffs Iron Company or another Member appointed to that office by the Manager and confirmed by Majority Vote, that has the rights and powers set forth herein.
Sample 1
Tax Matters Partners. As defined in Section 5.10.
Sample 1

Examples of Tax Matters Partners in a sentence

  • Notwithstanding the foregoing, the Tax Matters Partners shall not settle or otherwise compromise any issue in any such examination, audit or other proceeding without first obtaining approval of the Manager.

  • The Tax Matters Partners shall keep all Members fully advised on a current basis of any contacts by or discussions with the tax authorities, and the Members shall have the right to observe and participate through representatives of their own choosing (at their sole expense) in any tax proceedings.

  • The Company will reimburse the Tax Matters Partner for reasonable expenses properly incurred while acting within the scope of the Tax Matters Partner's authority.

  • The Tax Matters Partners shall keep all Members fully informed of the progress of any examinations, audits or other proceedings, and all Members shall have the right to participate at their expense in any such examinations, audits or other proceedings.

  • The Tax Matters Partners shall keep all Members reasonably informed of the progress of any examinations, audits or other proceedings, and all Members shall have the right to observe and participate at their sole expense in any tax proceedings.

  • The Tax Matters Partners shall keep all Members reasonably informed of the progress of any examinations, audits or other proceedings.

  • The Trust may make the election under Section 754 of the Internal Revenue Code in accordance with applicable regulations thereunder, subject to the reservation of the right in the Trust to seek to revoke any such election upon the Tax Matters Partner's determination that such revocation is in the best interests of the Unitholders.

  • The Tax Matters Partners shall keep any 10% Member fully advised on a current basis of any contacts by or discussions with the tax authorities, and the 10% Members shall have the right to observe and participate through representatives of their own choosing (at their sole expense) in any tax proceedings.

  • Member further agrees that the existing Tax Matters Partner (or if the existing Tax Matters Partners does not so act, the Acquiror (or its designee)) shall have the right to designate or appoint any individual or entity in the name and on behalf of such Member, as the Tax Matters Partner, with respect to any taxable year of the Company, the Partnership or any of their Subsidiaries.

  • The General Partners are specifically authorized to act as the "Tax Matters Partners" under the Code and in any similar matter under state law.


More Definitions of Tax Matters Partners

Tax Matters Partners is defined in Section 11.2(o).
Sample 1

Related to Tax Matters Partners

  • Tax Matters Partner has the meaning set forth in Section 5.08.

  • Tax Matters Member has the meaning set forth in Section 8.4(d).

  • Tax Matters Person Any person designated as "tax matters person" in accordance with Section 5.06 and the manner provided under Treasury Regulation ss. 1.860F-4(d) and Treasury Regulation ss. 301.6231(a)(7)-1.

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

  • Managing Partner means KKR Management LLC, a Delaware limited liability company.

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Non-Managing Member means any Member other than the Managing Member.

  • General Partners means all such Persons.

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

  • Member Representative means an individual who can make OHP-related decisions for a member who is not able to make such decisions themselves.

  • Partnership Tax Audit Rules means Sections 6221 through 6241 of the Code, as amended by the Bipartisan Budget Act of 2015, together with any guidance issued thereunder or successor provisions and any similar provision of state or local tax laws.

  • Committee Members means persons formally appointed by the Board to sit on or to chair specific committees.

  • Investment adviser representative means an individual employed by or associated with an investment adviser or federal covered investment adviser and who makes any recommendations or otherwise gives investment advice regarding securities, manages accounts or portfolios of clients, determines which recommendation or advice regarding securities should be given, provides investment advice or holds herself or himself out as providing investment advice, receives compensation to solicit, offer, or negotiate for the sale of or for selling investment advice, or supervises employees who perform any of the foregoing. The term does not include an individual who:

  • Advisory representative means any Supervised Person, who in connection with his or her regular functions or duties, normally makes, participates in, or otherwise obtains current information regarding the Purchase or Sale of a Security by the Firm, or whose functions relate to the making of any recommendations with respect to such purchases or sales, and any natural Person in a Control relationship to the Firm who obtains information concerning recommendations made concerning a Purchase or Sale of a Security. This definition includes but is not limited to the following: partner, officer, Manager, investment person, Portfolio Manager and any other Supervised Person of the Firm designated as an “Advisory Representative” from time to time by the Review Officer.

  • General Partner has the meaning set forth in the Preamble.

  • Asset Manager means the manager of each of the Series Assets as specified in each Series Designation or, its permitted successors or assigns, appointed in accordance with Section 5.10.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Committee Member means a member of the Committee.

  • BBA Partnership Audit Rules means Sections 6221 through 6241 of the Code, and any regulations promulgated or proposed under any such Sections and any administrative guidance with respect thereto.