Tax and Accounting Matters. (a) The Partnership will be on the accrual basis for both tax and accounting purposes.
Tax and Accounting Matters. File or consent to the filing of any consolidated income tax return with any Person other than a Subsidiary of such Person; make any significant change in accounting treatment, accounting methods or reporting practices, except as required by GAAP; or establish a fiscal year different than the Fiscal Year.
Tax and Accounting Matters. B shall not (i) make any Tax election that is inconsistent with past practices or settle or compromise any Tax liability of B, (ii) change its fiscal year or (iii) except as required by U.S. GAAP, change its methods of accounting in effect at December 31, 2000.
Tax and Accounting Matters. A shall not, and it shall not permit any of its subsidiaries to, (i) make any Tax election that is inconsistent with past practices or settle or compromise any Tax liability of A or any of its subsidiaries, (ii) change its fiscal year or (iii) except as required by U.S. GAAP, change its methods of accounting in effect at December 31, 2000.
Tax and Accounting Matters. All elections with respect to the preparation and filing of the Company tax returns, the reporting of items of Company income, gain, loss, deduction and credit, and all other elections which the Company or Member are entitled to make with respect to Company matters, shall be made only by the Company. Member shall be the Tax Matters Member for the Company for income tax purposes. All decisions as to accounting matters shall be made in accordance with generally accepted accounting principles applied on a basis consistent with prior periods. Member is still required to make all Member specific elections, as appropriate.
Tax and Accounting Matters. The Company covenants that it will:
Tax and Accounting Matters. (a) For purposes of this Agreement, (i) the term "
Tax and Accounting Matters. (a) Neither IN nor, to the knowledge of IN or Xxxxx, any of its affiliates has taken or agreed to take any action that would prevent the Merger from constituting a tax-free reorganization qualifying under the provisions of Section 368(a) of the Code.
Tax and Accounting Matters. 9.1 The Company will provide and cause each Group Company to provide, upon reasonable prior notice, such information as may be reasonably required to enable Parent and any of its subsidiaries to accurately and timely comply with such person’s U.S. tax reporting obligations under the Internal Revenue Code of 1986, as amended, arising in connection with its ownership of the Company’s securities, including, but not limited to, each Group Company’s audited financial statements and the financial statements of any legal entity in which a Group Company owns an equity interest. Notwithstanding the foregoing, the Company shall not be required to provide information that it cannot reasonably obtain with respect to any legal entity that is not a Group Company.
Tax and Accounting Matters. The Company shall not, without the prior written consent of Parent, (i) change any material Tax or financial accounting principle, method or practice (including any principles, methods or practices relating to the estimation of reserves or other Liabilities), (ii) increase the Carrying Value of any asset for financial accounting purposes, other than changes required by GAAP or applicable Law, (iii) make or revoke any material Tax election, (iv) prepare any material Tax Returns in a manner inconsistent with past practice or (v) consent to any extension or waiver of any statute of limitations with respect to any material amount of Tax.
