Common use of No Other Contracts Clause in Contracts

No Other Contracts. Except as expressly set forth herein, there are no contracts, arrangements, understandings or relationships between Everest and Lehigh with respect to the BACs or the securities of any Additional Partnership. Further Assurances Each of the parties agrees that it shall take whatever action or actions as are deemed by counsel to any party hereto to be reasonably necessary, advisable or convenient from time to time to effectuate the provisions or intent of this agreement, and to that end, each party agrees that it will execute, acknowledge and deliver any further instruments or documents as give force and effect to this letter agreement or any of the provisions hereof, or to carry out the intent of this letter agreement or any of the provisions hereof. Related Capital Company agrees that it shall, and shall cause its affiliates to, take such action as may be necessary to effectuate the provisions or intent of this letter agreement. Furthermore, Related Capital Company agrees to (i) effect the transfer to Everest of any Option Securities on the books and records of Liberty III and any Additional Partnership to Everest contemporaneously with effecting any such transfer to Lehigh on such books and records and (ii) consistent with past practice and subject to the advice of legal counsel that the requested transfer will result in the subject partnership being treated as a "publicly-traded partnership" for federal income tax purposes, promptly effect all other transfers to Everest of the securities of Liberty III and any Additional Partnership permitted by the terms of this letter agreement.