Common use of Reliance on Advice of Accountants and Attorneys Clause in Contracts

Reliance on Advice of Accountants and Attorneys. The General Partner will have no liability to the Limited Partners or the Partnership if the General Partner relies upon the written advice of tax counsel or accountants retained by the Partnership with respect to all matters (including disputes) relating to computations and determinations required to be made under this Article Five or other provisions of this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Stratus Properties Inc), Limited Partnership Agreement (Stratus Properties Inc)

AutoNDA by SimpleDocs

Reliance on Advice of Accountants and Attorneys. The General Partner will shall have no liability to the Limited Partners or the Partnership if the General Partner it relies upon the written advice opinion of tax counsel or accountants retained by the Partnership with respect to all matters (including disputes) relating to computations and determinations required to be made under this Article Five Section 10 or other provisions of this Agreement.

Appears in 1 contract

Samples: Mercury Inc

AutoNDA by SimpleDocs

Reliance on Advice of Accountants and Attorneys. The General Partner will have no liability to the Limited Partners or the Partnership if the General Partner relies upon the written advice opinion of tax counsel or accountants retained by the Partnership with respect to all matters (including disputes) relating to computations and determinations required to be made under this Article Five Exhibit B or other related provisions of this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Hallwood Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.