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ion, Incapacity or Bankruptcy of a General Partner 25 8.6 Death, Incapacity or Bankruptcy of a Limited Partner 26 8.7 Other Interests 27 8.8 Reliance by Third Parties 27 8.9 Reimbursement of Expenses 28 8.10 Liability and Indemnity 28 8.11 Limited Liability 29 ARTICLE IX SUBSTITUTION; AD
twithstanding the foregoing, solely for Federal, state and local income tax purposes, in accordance with Sections 704(b) and 704(c) of the Code and the Treasury Regulations promulgated thereunder, income, gain, loss and deduction with respect to property contributed to the Partnership by a Partner shall be allocated am
ion, Incapacity or Bankruptcy of a General Partner 25 8.6 Death, Incapacity or Bankruptcy of a Limited Partner 26 8.7 Other Interests 27 8.8 Reliance by Third Parties 27 8.9 Reimbursement of Expenses X28 8.10 Liability and Indemnity 28 8.11 Limited Liability 29 ARTICLE IX SUBSTITUTION; A
twithstanding the foregoing, solely for Federal, state and local income tax purposes, in accordance with Sections 704(b) and 704(c) of the Code and the Treasury Regulations promulgated thereunder, income, gain, loss and deduction with respect to property contributed to the Partnership by a Partner shall be allocated am
ion, Incapacity or Bankruptcy of a General Partner 25 8.6 Death, Incapacity or Bankruptcy of a Limited Partner 26 8.7 Other Interests 27 8.8 Reliance by Third Parties 27 8.9 Reimbursement of Expenses 28 8.10 Liability and Indemnity 28 8.11 Limited Liability 29 ARTICLE IX SUBSTITUTION; AD
twithstanding the foregoing, solely for Federal, state and local income tax purposes, in accordance with Sections 704(b) and 704(c) of the Code and the Treasury Regulations promulgated thereunder, income, gain, loss and deduction with respect to property contributed to the Partnership by a Partner shall be allocated am
Death, Dissolution, Incapacity or Bankruptcy of a Manager 24 8.6 Death, Incapacity or Bankruptcy of a Member 25 8.7 Other Interests 26 8.8 Reliance by Third Parties 26 8.9 Reimbursement of Expenses 27 8.10 Liability and Indemnity 27 8.11 Limited Liability 28 ARTICLE IX SUBSTITUTION; AD
twithstanding the foregoing, solely for Federal, state and local income tax purposes, in accordance with Sections 704(b) and 704(c) of the Code and the Treasury Regulations promulgated thereunder, income, gain, loss and deduction with respect to property contributed to the Company by a Member shall be allocated among t
nd) as permitted by the Underlying Fund, in the Member Designee's sole discretion and without prior notice to, or consent from, the Members. 2.2. Reliance by Third Parties. In dealing with the Member Designee, the Administrator and their duly appointed agents, no Person shall be required to inquire as
respect to each Member as provided in Section 1.10. (c) The provisions of this Agreement are intended to comply with Section 7O4(b) of the Code and the Treasury Regulations promulgated thereunder and shall be interpreted and applied in a manner consistent with such Section and such Treasury Regulations. ER305378-MAXWEL
Entities connected to both Reliance and the Treasury Regulations

United States
LOCATION
United Kingdom
LOCATION
Samantha Power
PERSON
the Cayman Islands
LOCATION
New York
LOCATIONthe U.S. Investment Company Act
ORGANIZATIONLeon Black
PERSONAccounting Period
ORGANIZATIONthe Person or Persons
ORGANIZATIONthe Offered Interests
ORGANIZATIONAllocation of Profits and Losses
ORGANIZATION
George W. Bush
PERSONCayman
LOCATION
Wilmington
LOCATIONFirst Refusal
ORGANIZATION
Puerto Rico
LOCATIONthe Carried Interest
ORGANIZATIONAllocation of Profits
ORGANIZATION
U.S. Treasury
ORGANIZATIONPurchase
LOCATION