CAPITAL CONTRIBUTIONS AND FMV CAPITAL ACCOUNTS. The provisions of this Section 5 and any other provisions of the TPPs relating to the maintenance of the capital accounts are intended to comply with Treas. Reg. §1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations.
Appears in 7 contracts
Samples: Agreement for the Construction, Ownership, and Operation of Midstream Assets (Epsilon Energy Ltd.), Agreement for the Construction, Ownership, and Operation of Midstream Assets (Epsilon Energy Ltd.), Agreement for the Construction, Ownership, and Operation of Midstream Assets (Epsilon Energy Ltd.)
CAPITAL CONTRIBUTIONS AND FMV CAPITAL ACCOUNTS. The provisions of this Section Sec. 5 and any other provisions of the TPPs relating to the maintenance of the capital accounts are intended to comply with Treas. Reg. §1.704ss.1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations.
Appears in 2 contracts
Samples: Exploration Participation Agreement (Ridgewood Energy U Fund LLC), Exploration Participation Agreement (Ridgewood Energy P Fund LLC)
CAPITAL CONTRIBUTIONS AND FMV CAPITAL ACCOUNTS. The provisions of this Section Sec. 5 and any other provisions of the TPPs relating to the maintenance of the capital accounts are intended to comply with Treas. Reg. §1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations.
Appears in 2 contracts
Samples: Participation Agreement (Velocity Oil & Gas, Inc.), Partnership Agreement (Victory Energy Corp)
CAPITAL CONTRIBUTIONS AND FMV CAPITAL ACCOUNTS. The provisions of this Section Sec. 5 and any other provisions of the TPPs relating to the maintenance of the capital accounts are intended to comply with Treas. Reg. §ss. 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations.
Appears in 1 contract
Samples: Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)
CAPITAL CONTRIBUTIONS AND FMV CAPITAL ACCOUNTS. The provisions of this Section 5 and any other provisions of the TPPs relating to the maintenance of the capital accounts are intended to comply with Treas. Reg. §1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations.
Appears in 1 contract