U.S. Tax Classification. The Partners intend for the Partnership to be treated as a partnership for United States federal income tax purposes and no election to the contrary shall be made.
Appears in 6 contracts
Samples: Agreement of Limited Partnership (NetSTREIT Corp.), Agreement of Limited Partnership (NetSTREIT Corp.), Agreement of Limited Partnership (NetSTREIT Corp.)
U.S. Tax Classification. The Partners intend that the Partnership shall be classified as a partnership for U.S. federal income tax purposes. Neither the Partnership nor any Partner shall take any action so as to cause the Partnership to be treated as an association taxable as a partnership corporation for United States U.S. federal income tax purposes and no election to the contrary shall be madepurposes.
Appears in 2 contracts
Samples: Exempted Limited Partnership Agreement, Limited Partnership Agreement (Skype S.a r.l.)