Common use of General Partner Expenses and Liabilities Clause in Contracts

General Partner Expenses and Liabilities. The Partnership will pay or reimburse the General Partner for all ongoing accounting and administrative expenses of the General Partner so that, absent extraordinary circumstances, the General Partner will not bear any expenses beyond those borne by the Partnership. The Partnership shall pay all out-of-pocket costs and expenses (including legal, accounting, tax, consulting and other professional fees and expenses and travel and entertainment expenses) incurred by the Partnership, the General Partner, and the General Partner and its Affiliates in connection with the structuring and organization of the Partnership and the General Partner and the offering and sale of Units and Common Shares and Other Securities.