No Partnership Interest Clause Samples

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No Partnership Interest. Licensee and Takeda hereby acknowledge they do not intend to create a partnership interest for Takeda under U.S. tax laws by reason of Licensee’s issuance of the Warrant.
No Partnership Interest. None of the Assets are deemed by agreement or are treated under applicable law as held by a partnership within the meaning of Subchapter K for which a valid election under Treasury Regulation § 1.761-2 to be excluded from the provisions of Subchapter K is not in effect;
No Partnership Interest. The Partnership shall hold no interest in any AMI Lease.