Common use of Tax Matters Partner Clause in Contracts

Tax Matters Partner. The General Partner will be the Tax Matters Partner for purposes of Sections 6221 et seq. of the Code, and will have all the authority granted by the Code to the Tax Matters Partner, including the authority, without the Consent of any other Partner, to do all of the following:

Appears in 12 contracts

Samples: Agreement (MA Managed Futures Fund, LP), Agreement (MA Managed Futures Fund, LP), MA Managed Futures Fund, LP

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Tax Matters Partner. The General Partner will shall be the Tax Matters Partner for purposes of Sections 6221 et seq. “tax matters partner” of the Code, Partnership for federal income tax purposes under Section 6231(a)(7) of the Code and will have the Partners shall take any and all the authority granted by steps required under the Code to ensure that the Tax Matters Partner, including General Partner is properly designated as the authority, without the Consent of any other Partner, to do all of the following:“tax matters partner.”

Appears in 8 contracts

Samples: Limited Partnership Agreement (Safeway Stores 42, Inc.), Limited Partnership Agreement (Safeway Stores 42, Inc.), Limited Partnership Agreement (Safeway Stores 42, Inc.)

Tax Matters Partner. The General Partner will shall be the Tax Matters Partner for purposes tax matters partner of the Partnership and, in such capacity, shall exercise all rights conferred, and perform all duties imposed, upon a tax matters partner under Sections 6221 et seq. through 6233 of the Code, Code and will have all the authority granted by the Code to the Tax Matters Partner, including the authority, without the Consent of any other Partner, to do all of the following:regulations promulgated thereunder.

Appears in 5 contracts

Samples: Limited Partnership Agreement (MI Servicer LP, LLC), Limited Partnership Agreement (MI Servicer LP, LLC), Limited Partnership Agreement (Platinum Security Solutions, Inc.)

Tax Matters Partner. The General Partner will shall be the Tax Matters Partner for purposes of Sections 6221 et seq. "tax matters partner" of the CodePartnership, and will have all within the authority granted by meaning of Section 6231(a)(7) of the Code and any regulations issued thereunder, unless the Code or the regulations issued thereunder requires another person to be the Tax Matters Partnertax matters partner. The expenses, including if any, that the authority, without the Consent of any other Partner, General Partner incurs in fulfilling its obligations pursuant to do all this Section 3.2.2 shall be expenses of the following:Partnership.

Appears in 5 contracts

Samples: North American Pipe Corp, North American Pipe Corp, North American Pipe Corp

Tax Matters Partner. The General Partner will Partner, shall be the Tax Matters Partner for purposes "tax matters partner" of Sections 6221 et seq. the Partnership as described in Section 6231(a)(7) of the Code, . The tax matters partner shall provide all notices and will have perform all the authority granted by acts required of a tax matters partner under Subchapter C of Chapter 63 of the Code to and the Tax Matters Partner, including the authority, without the Consent of any other Partner, to do all of the following:regulations thereunder.

Appears in 3 contracts

Samples: Synagro Technologies Inc, Synagro Technologies Inc, Synagro Technologies Inc

Tax Matters Partner. The General Partner will be is hereby designated as the tax matters partner within the meaning of Section 6231(a)(7) of the Code (“Tax Matters Partner”). In such capacity, the General Partner for purposes of Sections 6221 et seq. shall have all of the Coderights, authority and power, and will have shall be subject to all of the authority granted by obligations, of a tax matters partner to the extent provided in the Code and the Treasury Regulations. Consistent with the requirements of the Code and the Treasury Regulations, the General Partner shall take commercially reasonable measures to inform the other Partners of any material decision or actions the General Partner takes as the Tax Matters Partner, including the authority, without the Consent of any other Partner, to do all of the following:.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Regency Centers Corp), Limited Partnership Agreement (Regency Centers Corp)

Tax Matters Partner. The Unless and until another Partner is designated as the tax matters partner by the General Partner, the General Partner will shall be the tax matters partner of the Partnership as provided in the Regulations under Code Section 6231 and any analogous provisions of state or local law and in such capacity is referred to as the “Tax Matters Partner for purposes of Sections 6221 et seq. of the Code, and will have all the authority granted by the Code to the Partner.” The Tax Matters Partner, including on behalf of the authorityPartnership and the Limited Partners, without the Consent of any other Partner, to do shall have all of the following:rights, authority and power, and shall be subject to all of the obligations of a tax matters partner to the extent provided in the Code and the Regulations.

Appears in 3 contracts

Samples: And Restated Agreement (Norcraft Companies Lp), Amended and Restated Agreement (Norcraft Capital Corp.), Third Amended and Restated Agreement (Norcraft Companies Lp)

Tax Matters Partner. The General Partner will be is hereby designated as the Tax Matters Partner for purposes the Partnership within the meaning of Sections 6221 et seq. Section 6231(a)(7) of the Code and is authorized, but not required, to take all actions within its authority as tax matters partner, as described in subchapters C and D of Chapter 63, subtitle F of the Code; PROVIDED, and will have all the HOWEVER, that in exercising its authority granted by the Code to the as Tax Matters Partner, including the authority, without General Partner shall be limited by the Consent provisions of any other Partner, to do all this Agreement affecting tax aspects of the following:Partnership.

Appears in 2 contracts

Samples: Sky Merger Corp, Sky Merger Corp

Tax Matters Partner. The General Partner will be is hereby designated as the Tax Matters Partner for purposes of Sections 6221 et seq. "tax matters partners" in accordance with Section 6231(a)(7) of the Code, and, in connection therewith and will in addition to all other powers given thereto, shall have all the authority granted by the Code powers necessary and appropriate to the Tax Matters Partner, including the authority, without the Consent of any other Partner, perform such role and to do all of the following:expend Partnership funds for professional services and costs associated therewith.

Appears in 2 contracts

Samples: Agreement (Universal Health Services Inc), Agreement (Universal Health Services Inc)

Tax Matters Partner. The General Partner will shall be the Tax Matters tax matters Partner for purposes of the Partnership and, in such capacity, shall exercise all rights conferred, and perform all duties imposed, upon a tax matters partner under Sections 6221 et seq. through 6233 of the Code, and will have all the authority granted by the Code to the Tax Matters Partner, including the authority, without the Consent of any other Partner, to do all of the following:regulations promulgated thereunder.

Appears in 2 contracts

Samples: National Tobacco Co Lp, National Tobacco Co Lp

Tax Matters Partner. The General Partner will shall be the Tax Matters Partner for purposes of Sections 6221 et seq. tax matters partner of the CodePartnership and, in such capacity, shall exercise all rights conferred, and will have perform all the authority granted by duties imposed, upon a tax matters partner under sections 6221 through 6233 of the Code to and the Tax Matters Partner, including the authority, without the Consent of any other Partner, to do all of the following:Regulations thereunder.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Ashford Hospitality Trust Inc), Limited Partnership Agreement (Ashford Hospitality Trust Inc)

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Tax Matters Partner. The General Partner will shall serve as the "tax matters partner" of the Partnership and shall be vested with the Tax Matters Partner for purposes authority and responsibility necessary to comply with the provisions of the "Code" and regulations under the Code, including, but not limited to, Sections 6221 et seq. 6221-6231 of the Code, and will have all the authority granted by the Code to the Tax Matters Partner, including the authority, without the Consent of any other Partner, to do all of the following:.

Appears in 1 contract

Samples: Agreement (Somerset Power LLC)

Tax Matters Partner. The General Partner will shall be the Tax Matters Partner for purposes of Sections 6221 et seq. of the Code, and will have all the authority granted by the Code to the Tax Matters Partner, including within the authority, without the Consent meaning of any other Partner, to do all Section 6231(a)(7) of the following:Code, for all purposes of the Code. Each of the Partners, by execution of this Agreement, specifically consents to such designation, and acknowledges that such Tax Matters Partner shall cause the preparation of all tax returns of the Partnership, and shall have all powers necessary to carry out such duties.

Appears in 1 contract

Samples: Limited Partnership Agreement (Medcom Inc /Nj/)

Tax Matters Partner. The General Partner will Partner, shall be the Tax Matters Partner for purposes "tax matters partner" of Sections 6221 et seq. the Partnership as described in Section 6231(x)(7) of the Code, . The tax matters partner shall provide all notices and will have perform all the authority granted by acts required of a tax matters partner under Subchapter C of Chapter 63 of the Code to and the Tax Matters Partner, including the authority, without the Consent of any other Partner, to do all of the following:regulations thereunder.

Appears in 1 contract

Samples: Synagro Technologies Inc

Tax Matters Partner. The General Partner will be is hereby designated as the Tax Matters Partner for purposes the Partnership within the meaning of Sections 6221 et seq. Section 6231(a)(7) of the Code and is authorized, but not required, to take all actions within its authority as tax matters partner, as described in subchapters C and D of Chapter 63, subtitle F of the Code; provided, and will have all the however, that in exercising its authority granted by the Code to the as Tax Matters Partner, including the authority, without General Partner shall be limited by the Consent provisions of any other Partner, to do all this Agreement affecting tax aspects of the following:Partnership.

Appears in 1 contract

Samples: Prime Retail Inc

Tax Matters Partner. The General Partner will shall be the Tax Matters Partner for purposes "tax matters partner" of Sections 6221 et seq. the Partnership as described in Section 6231(a)(7) of the Code, . The tax matters partner shall provide all notices and will have perform all the authority granted by acts required of a tax matters partner under Subchapter C of Chapter 63 of the Code to and the Tax Matters Partner, including the authority, without the Consent of any other Partner, to do all of the following:regulations thereunder.

Appears in 1 contract

Samples: Synagro Technologies Inc

Tax Matters Partner. The General Partner will be the Tax Matters Partner for purposes of Sections 6221 et seq. Pursuant to Section 6231(a)(7) of the Code, the General Partner is hereby designated as the tax matters partner, and will have all the authority granted by shall assume and be responsible for duties provided in the Code to for the Tax Matters Partner, including the authority, without the Consent of any other Partner, to do all of the following:“tax matters partner.” ARTICLE X

Appears in 1 contract

Samples: Exempted Limited Partnership Agreement

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