Common use of Auditors Clause in Contracts

Auditors. (a) The Auditors shall prepare, for execution by the General Partners, all tax returns of the Partnership. Prior to the filing of the Partnership tax returns, and in no event later than February 1 of each year, the Auditors shall deliver the tax returns for such year to the Tax Accountants for their review and comment. If a dispute arises between the Auditors and the Tax Accountants over the proper preparation of the tax returns and such dispute cannot be resolved by the Auditors and the Tax Accountants by March 1 of such year, then the Tax Accountants shall make the final decision on whether any changes are necessary. The Partnership shall reimburse BCCLP for all reasonable costs and expenses paid to the Tax Accountants for the aforementioned services.

Appears in 5 contracts

Samples: Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp

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Auditors. (a) The Auditors shall prepare, for execution by the General Partners, all tax returns of the Partnership. Prior to the filing of the Partnership tax returns, and in no event later than February 1 20 of each year, the Auditors shall deliver the tax returns for such year to the Tax Accountants for their review and comment. If a dispute arises between the Auditors and the Tax Accountants over the proper preparation of the tax returns and such dispute cannot be resolved by the Auditors and the Tax Accountants by March 1 of such year, then the Tax Accountants shall make the final decision on whether any changes are necessary. The Partnership shall reimburse BCCLP for all reasonable costs and expenses paid to the Tax Accountants for the aforementioned services.

Appears in 4 contracts

Samples: Consent and Agreement (Boston Capital Tax Credit Fund Iv Lp), Consent and Agreement (Boston Capital Tax Credit Fund Iv Lp), Consent and Agreement (Boston Capital Tax Credit Fund Iv Lp)

Auditors. (a) The Auditors shall prepare, for execution by the General Partners, all tax returns of the Partnership. Prior to the filing of the Partnership tax returns, and in no event later than February 1 of each year, the Auditors shall deliver the tax returns for such year to the Tax Accountants for their review and comment. If a dispute arises between the Auditors and the Tax Accountants over the proper preparation of the tax returns and such dispute cannot be resolved by the Auditors and the Tax Accountants by March 1 of such year, then the Tax Accountants shall make the final decision on whether any changes are necessary. The Partnership shall reimburse BCCLP for all reasonable costs and expenses paid to the Tax Accountants for the aforementioned services.

Appears in 4 contracts

Samples: Consent and Agreement (Boston Capital Tax Credit Fund Iv Lp), Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp

Auditors. (a) The Auditors shall prepare, for execution by the General Partners, all tax returns of the Partnership. Prior to the filing of the Partnership tax returns, and in no event later than February 1 15 of each year, the Auditors shall deliver the tax returns for such year to the Tax Accountants for their review and comment. If a dispute arises between the Auditors and the Tax Accountants over the proper preparation of the tax returns and such dispute cannot be resolved by the Auditors and the Tax Accountants by March 1 of such year, then the Tax Accountants shall make the final decision on whether any changes are necessary. The Partnership shall reimburse BCCLP for all reasonable costs and expenses paid to the Tax Accountants for the aforementioned services. (b) The Auditors shall audit and certify all annual financial reports to the Partners in accordance with generally accepted auditing standards.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

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Auditors. (a) The Auditors shall prepare, for execution by the General Partners, all tax returns of the Partnership. Prior to the filing of the Partnership tax returns, and in no event later than February 1 7 of each year, the Auditors shall deliver the tax returns for such year to the Tax Accountants for their review and comment. If a dispute arises between the Auditors and the Tax Accountants over the proper preparation of the tax returns and such dispute cannot be resolved by the Auditors and the Tax Accountants by March 1 of such year, then the Tax Accountants shall make the final decision on whether any changes are necessary. The Partnership shall reimburse BCCLP for all reasonable costs and expenses paid to the Tax Accountants for the aforementioned services.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

Auditors. (a) The Auditors shall prepare, for execution by the Managing General PartnersPartner, all tax returns of the Partnership. Prior to the filing of the Partnership tax returns, and in no event later than February 1 of each year, the Auditors shall deliver the tax returns for such year to the Tax Accountants for their review and comment. If a dispute arises between the Auditors and the Tax Accountants over the proper preparation of the tax returns and such dispute cannot be resolved by the Auditors and the Tax Accountants by March 1 of such year, then the Tax Accountants shall make the final decision on whether any changes are necessary. The Partnership shall reimburse BCCLP for all reasonable costs and expenses paid to the Tax Accountants for the aforementioned services.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

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