Partnership Tax Treatment. The Partners intend for the Partnership to be treated as a partnership for U.S. federal income tax purposes and no election to the contrary shall be made unless the General Partner in its sole discretion determines that other treatment or election is in the best interests of the Partnership.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Blackstone Infrastructure Strategies L.P.), Limited Partnership Agreement (Blackstone Infrastructure Strategies L.P.), Limited Partnership Agreement (Blackstone Private Equity Strategies Fund L.P.)
Partnership Tax Treatment. The Partners intend for the Partnership to be treated as a partnership for U.S. federal income tax purposes and no election to the contrary shall be made unless the General Partner in its sole discretion determines that other treatment or election is in the best interests of the Partnershipmade.
Appears in 1 contract
Partnership Tax Treatment. The Partners intend for the Partnership to be treated as a partnership for U.S. United States federal income tax purposes purposes, and no election to the contrary shall will be made unless the General Partner in its sole discretion determines that other treatment or election is in the best interests of the Partnershipmade.
Appears in 1 contract
Samples: Limited Partnership Agreement
