No Assurance of Tax Benefits. He, she, or it acknowledges that there can be assurance that the Code or the Treasury Regulations will not be amended or interpreted in the future in such a manner so as to deprive the Partnership and the Limited Partners of some or all of the tax benefits they might now receive, nor that some of the deductions claimed by the Partnership or the allocations of items of income, gain, loss, deduction, or credit among the Limited Partners may not be challenged by the Internal Revenue Service.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.)
No Assurance of Tax Benefits. He, she, she or it acknowledges that there can be no assurance that the Code or the Treasury Regulations will not be amended or interpreted in the future in such a manner so as to deprive the Partnership Company and the Limited Partners Members of some or all of the tax benefits they might now receive, receive nor that some of the deductions claimed by the Partnership Company or the allocations of items of income, gain, loss, deduction, deduction or credit among the Limited Partners Members may not be challenged by the Internal Revenue Service.
Appears in 1 contract
Samples: Limited Liability Company Agreement (TNP Strategic Retail Trust, Inc.)
