Common use of Compliance with the Investment Advisers Act of 1940 Clause in Contracts

Compliance with the Investment Advisers Act of 1940. To the extent that any provision hereof may be construed in a manner inconsistent with the Investment Advisers Act of 1940, it is the express intent of the General Partner and the Limited Partners that such provision be interpreted and applied ab initio so as to comply with the Investment Advisers Act of 1940 in all respects (even if doing so effectively amends the terms of this Agreement).