Advance Payments. Advance payments by the Partnership to the Managing General Partner and its Affiliates are prohibited except when advance payments are required to secure the tax benefits of prepaid Intangible Drilling Costs for a business purpose as set forth in the Drilling and Operating Agreement.
Appears in 6 contracts
Samples: Partnership Agreement (Atlas Resources Series 33-2013 L.P.), Limited Partnership Agreement (DGOC Series 18B LP), Limited Partnership Agreement (Atlas Resources Series 28-2010 L.P.)
Advance Payments. Advance payments by the Partnership to the Managing General Partner and its Affiliates are prohibited except when advance payments are required to secure the tax benefits of prepaid Intangible Drilling Costs and for a business purpose as set forth in the Drilling and Operating Agreementpurpose.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Atlas America Public #15-2005 Program), Limited Partnership Agreement (Atlas America Public #14-2005 (A) LP), Limited Partnership Agreement (Atlas America Public #14-2004 L.P.)
Advance Payments. Advance payments by the Partnership to the Managing General Partner and its Affiliates are prohibited except when advance payments are required to secure the tax benefits of prepaid Intangible Drilling Costs for a business purpose as set forth in the Drilling and Operating Agreement. 4.03(d)(14). No Rebates. No rebates or give-ups may be received by the Managing General Partner or any Affiliate nor may the Managing General Partner or any Affiliate participate in any reciprocal business arrangements that would circumvent the provisions of this section.
Appears in 3 contracts
Samples: Limited Partnership Agreement (DGOC Series 18C LP), Limited Partnership Agreement (DGOC Series 28, L.P.), Limited Partnership Agreement (DGOC Series 28, L.P.)
Advance Payments. Advance payments by the Partnership to the Managing General Partner and its Affiliates are prohibited except when advance payments are required to secure the tax benefits of prepaid Intangible Drilling Costs drilling costs and for a business purpose as set forth in the Drilling and Operating Agreementpurpose.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Atlas America Public 12 2003 Program), Limited Partnership Agreement (Atlas America Public 11-2002 LTD)
Advance Payments. Advance payments by the Partnership to the Managing General Partner and its Affiliates are prohibited prohibited, except when advance payments are required to secure the tax benefits of prepaid Intangible Drilling Costs for a business purpose as set forth in the Drilling and Operating Agreement. 4.03(d)(14). No Rebates. No rebates or give-ups may be received by the Managing General Partner or any Affiliate, nor may the Managing General Partner or any Affiliate participate in any reciprocal business arrangements that would circumvent the provisions of this section.
Appears in 1 contract
Samples: Limited Partnership Agreement (Atlas America Series 27-2006 LP)