Extensions of Limitation Periods Sample Clauses

Extensions of Limitation Periods. The TMP shall not enter into any extension of the period of limitations as provided under Section 6229 of the Code without first giving reasonable advance notice to the other Member of such intended action.
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Extensions of Limitation Periods. The TMP shall not extend the period of limitations under section 6229 of the Code without the prior approval of the Management Committee.
Sample 1Sample 2Sample 3See All (4)
Extensions of Limitation Periods. The Tax Matters Partner shall not -------------------------------- enter into any extension of the period of limitations for making assessments with respect to partnership items, as provided under Section 6229 of the Code, without first giving reasonable advance notice to all other Plant Owners of such intended action and obtaining their unanimous written consent.
Sample 1
Extensions of Limitation Periods. The Tax Matters Partner shall not enter into any extension of the period of limitations without (i) first giving reasonable advance notice to the other Member(s) of such intended action and (ii) the prior consent of the Management Committee pursuant to Section 7.2(c) of the Agreement (as may be modified by Section 2.2 of this Exhibit C).
Sample 1
Extensions of Limitation Periods. The Tax Matters Partner shall not -------------------------------- enter into any extension of the period of limitations for making assessments with respect to partnership items, as provided under Section 6229 of the Code, without first giving reasonable advance notice to all other Plant Owners of such intended action and obtaining their unanimous written consent.
Sample 1
Extensions of Limitation Periods. The Tax Matters Partner shall not enter into any extension of the period of limitations without (i) first giving reasonable advance notice to the other Member(s) of such intended action and (ii) the prior consent of the Management Committee pursuant to Section 7.2(c) of the Agreement (as may be modified by Section 2.2 of this Exhibit C).
Sample 1

Related to Extensions of Limitation Periods

  • PERIOD OF LIMITATIONS No legal action shall be brought and no cause of action shall be asserted by or in the right of the Company against Indemnitee, Indemnitee’s spouse, heirs, executors or personal or legal representatives after the expiration of two years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such two-year period; provided, however, that if any shorter period of limitations is otherwise applicable to any such cause of action such shorter period shall govern.

  • Limitations on Interest Periods Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request (or to elect to convert to or continue as a Eurocurrency Borrowing) any Borrowing if the Interest Period requested therefor would end after the Maturity Date.

  • Conversions and Elections of Subsequent Interest Periods Subject to the limitations set forth below and in Article IV hereof, the Borrower may:

  • Limitations on Eurodollar Tranches Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions and continuations of Eurodollar Loans and all selections of Interest Periods shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurodollar Loans comprising each Eurodollar Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (b) no more than ten Eurodollar Tranches shall be outstanding at any one time.

  • Amount and Terms of Revolving Commitments 2.1 [Reserved].

  • Limitations and Closed Periods Notwithstanding anything to the contrary in this Indenture or the Notes:

  • Number of Interest Periods There may be no more than 6 different Interest Periods for LIBOR Loans outstanding at the same time.

  • Method of Selecting Types and Interest Periods for New Advances The Company shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto from time to time. The Company shall give the Agent irrevocable notice (a “Borrowing Notice”) not later than 12:00 noon (New York City time) on the Borrowing Date of each Floating Rate Advance and not later than 12:00 noon (New York City time) three (3) Business Days before the Borrowing Date for each Eurodollar Advance, specifying:

  • Changes to Interest Periods (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure there are sufficient Facility A Loans with an Interest Period ending on a Facility A Repayment Date for the Borrowers to make the Repayment Instalment due on that Facility A Repayment Date.

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