Common use of Tax Status as Partnership Clause in Contracts

Tax Status as Partnership. The Parent and the Borrower shall not alter their status as partnerships for purposes of United States Federal Income taxes. The Parent and the Borrower shall not, and shall not permit any Subsidiary to, amend or modify any provision of their articles, bylaws, or partnership or limited liability company organization or operating documents or agreements, or any agreements with Affiliates of the type referred to in Section 9.14, if such amendment or modification could reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (EV Energy Partners, LP), Credit Agreement (EV Energy Partners, LP), Credit Agreement (EV Energy Partners, LP)

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