Common use of Defense of Certain Claims Clause in Contracts

Defense of Certain Claims. The General Partner, at the expense of the Partnership, shall have the right to assume the defense of any claims made by the Internal Revenue Service to the extent that such claims occur because of and relate to the Partnership's business or investment activities, and in connection therewith, to retain and pay counsel chosen by the General Partner, in the General Partner's sole discretion. In no case, however, shall the Partnership be liable for any additional tax payable by a Partner or for any costs of separate counsel chosen by such Partner to represent such Partner with respect to any aspects of such defense. 10.9

Defense of Certain Claims. The General Partner, at the expense of the Partnership, shall have the right to assume the defense of any claims made by the Internal Revenue Service IRS to the extent that such claims occur because of and or relate to the Partnership's business or investment activities, and in connection therewith, to retain and pay counsel chosen by the General Partner, in the General Partner's sole discretion. In no case, however, shall the Partnership be liable for any additional tax payable by a Partner or for any costs of separate counsel chosen by such Partner to represent such Partner with respect to any aspects of such defense. 10.9

Defense of Certain Claims. The General Partner, at the expense of the Partnership, shall have the right to assume the defense of any claims made by the Internal Revenue Service to the extent that such claims occur because of and relate to the Partnership's business or investment activities, and in connection therewith, to retain and pay counsel chosen by the General Partner, in the General Partner's sole discretion. In no case, however, shall the Partnership be liable for any additional tax payable by a Partner or for any costs of separate counsel chosen by such Partner to represent such Partner with respect to any aspects of such defense. 18 19 10.9