Company Tax Returns. (a) The Common Securityholder is hereby designated as the Company's "Tax Matters Partner" under Section 6231(a)(7) of the Code and shall have all the powers and responsibilities of such position as provided in the Code. The Tax Matters Partner is specifically directed and authorized to take whatever steps the Bank, in its discretion, deems necessary or desirable to perfect such designation, including filing any forms or documents with the Internal Revenue Service and taking such other action as may from time to time be required under the Treasury Regulations. Expenses incurred by the Tax Matters Partner in its capacity as such shall be borne by the Company.
Appears in 10 contracts
Samples: Administration Agreement (Ubs Preferred Funding Trust Iv), Administration Agreement (Ubs Preferred Funding Trust Iv), Administration Agreement (UBS Preferred Funding Trust VIII)
Company Tax Returns. (a) The Common Securityholder is hereby designated as the Company's "Tax Matters PartnerTAX MATTERS PARTNER" under Section 6231(a)(7) of the Code and shall have all the powers and responsibilities of such position as provided in the Code. The Tax Matters Partner is specifically directed and authorized to take whatever steps the BankTECO, in its discretion, deems necessary or desirable to perfect such designation, including filing any forms or documents with the Internal Revenue Service and taking such other action as may from time to time be required under the Treasury Regulations. Expenses incurred by the Tax Matters Partner in its capacity as such shall be borne by the Company.
Appears in 3 contracts
Samples: Administration Agreement (Teco Capital Trust Iii), Administration Agreement (Teco Energy Inc), Administration Agreement (Teco Energy Inc)
