Common use of Purpose of the Partnership Clause in Contracts

Purpose of the Partnership. The purpose of the Partnership is to acquire, construct, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and to sell the Apartment Housing. The Partnership shall not engage in any business or activity which is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, construct, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and to sell the Apartment HousingHousing at the conclusion of the Compliance Period. The Partnership shall not engage in any business or activity which that is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, constructrehabilitate, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and to refinance or sell the Apartment Housing. The Partnership shall not engage in any business or activity which is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, construct, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and provisions of the Georgia Code and regulations applicable to the Georgia Credit and to sell the Apartment Housing. The Partnership shall not engage in any business or activity which is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, construct, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and to sell the Apartment HousingHousing at the conclusion of the Compliance Period. The Partnership shall not engage in any business or activity which is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, constructrenovate, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and to sell the Apartment Housing. The Partnership shall not engage in any business or activity which is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, constructrehabilitate, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and to sell or otherwise facilitate the disposition of the Apartment HousingHousing or otherwise provide for the termination or disposition of the Interests of the Limited Partner and/or the Special Limited Partner at the conclusion of the Compliance Period in a manner agreed upon by the Partners. The Partnership shall not engage in any business or activity which that is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, construct, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and to sell the Apartment Housing. The Partnership shall not engage in any business or activity activity, which is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, construct, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and to sell the Apartment Housing. The Partnership shall not engage in any business or activity which is not incident to the attainment of such purpose.the

Purpose of the Partnership. The purpose of the Partnership is to acquire, construct, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and provisions of the Georgia Code applicable to GHTC and to sell the Apartment HousingHousing at the conclusion of the Compliance Period. The Partnership shall not engage in any business or activity which that is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, constructrehabilitate, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to FEDERAL LIHTC and to refinance or sell the Apartment Housing. The Partnership shall not engage in any business or activity which is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, construct, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and the provisions of the RsMO applicable to Missouri Tax Credits, and to sell the Apartment Housing. The Partnership shall not engage in any business or activity which is not incident to the attainment of such purpose.

Purpose of the Partnership. The purpose of the Partnership is to acquire, construct, own own, operate and operate sell at the end of the Compliance Period the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and to sell the Apartment HousingHousing at the conclusion of the Compliance Period. The Partnership shall not engage in any business or activity which that is not incident to the attainment of such purpose.