Common use of U.S. Taxation of Limited Partners Clause in Contracts

U.S. Taxation of Limited Partners. The General Partner agrees not to cause the Partnership to make any investments or take any other action that (i) would cause the Partnership or any Limited Partner to realize “effectively connected income” within the meaning of the Code or any other income subject to U.S. federal income tax (including withholding tax), or (ii) would cause any Limited Partner to be required to file U.S. federal income tax returns solely by reason of being a Partner in the Partnership.

Appears in 8 contracts

Samples: Fourth Amended And (Host Hotels & Resorts, Inc.), And Restated Agreement (Host Hotels & Resorts L.P.), And Restated Agreement (Host Hotels & Resorts, Inc.)

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