Common use of Use of Affiliates by Management Clause in Contracts

Use of Affiliates by Management. The Partnerships and the General Partner agree that Management may perform the Maximum Permitted Delegation either directly or through one or more Affiliates. If Management performs through any Affiliate, (i) Management shall remain fully responsible for actions taken or omitted by the Affiliate and (ii) for purposes of Sections 1, 2, 3, 4, 5, 6, 7 and 8 hereof, Management and all such Affiliates shall be taken together and treated as Management.