Reports to Current and Former Partners. As soon after the end of each Fiscal Year as is practicable, the General Partner shall cause the Partnership to prepare and mail, or cause its accountants to prepare and mail, to each Partner and, to the extent necessary, to each Former Partner (or its legal representative), a report setting forth in sufficient detail such information as shall enable such Partner or Former Partner (or its legal representative) to prepare its federal, state and local tax returns in accordance with the laws, rules and regulations then prevailing.
Appears in 2 contracts
Sources: Limited Partnership Agreement, Limited Partnership Agreement (Institutional Financial Markets, Inc.)