Common use of Operation in Accordance with REIT Requirements Clause in Contracts

Operation in Accordance with REIT Requirements. The Partners acknowledge and agree that the Partnership shall be operated in a manner that will enable the General Partner to (i) satisfy the REIT Requirements and (ii) avoid the imposition of any federal income or excise tax liability. The Partnership shall avoid taking any action which would result in the General Partner ceasing to satisfy the REIT Requirements or would result in the imposition of any federal income or excise tax liability on the General Partner.

Operation in Accordance with REIT Requirements. The Partners acknowledge and agree that the Partnership shall be operated in a manner that will enable the General Partner to (ia) satisfy the REIT Requirements and (iib) avoid the imposition of any federal income or excise tax liabilityliability on either the General Partner or the Partnership. The Partnership Notwithstanding any provision of this Agreement, the General Partner shall avoid taking not be required to take any action which would result in the General Partner ceasing to satisfy the REIT Requirements or would result in the imposition of any federal income or excise tax liability on the General Partner.

Operation in Accordance with REIT Requirements. The Partners acknowledge and agree that the Partnership shall be operated in a manner that will enable the General Partner to (ia) satisfy the REIT Requirements and (iib) avoid the imposition of any federal income or excise tax liabilityliability on either the General Partner or the Partnership. The Partnership General Partner shall avoid taking not be required to take any action which would result in the General Partner ceasing to satisfy the REIT Requirements or would result in the imposition of any federal income or excise tax liability on the General Partner.

Operation in Accordance with REIT Requirements. The Subject to ---------------------------------------------- Section 9.3 hereof, the Partners acknowledge and agree that the Partnership shall be operated in a manner that will enable the General Partner to (i) satisfy the REIT Requirements and (ii) avoid the imposition of any federal income or excise tax liabilityliability on the General Partner. The Partnership shall avoid taking any action which would result in the General Partner ceasing to satisfy the REIT Requirements or would result in the imposition of any federal income or excise tax liability on the General Partner.

Operation in Accordance with REIT Requirements. The Partners acknowledge and agree that the Partnership shall be operated in a manner that will enable the General Partner Company to (i) satisfy the REIT Requirements requirements and (ii) avoid the imposition of any federal income or excise tax liability. The Partnership shall avoid taking any action which would result in the General Partner Company ceasing to satisfy the REIT Requirements requirements or which would result in the imposition of any federal income or excise tax liability on the General PartnerCompany.