Common use of Conversion Shall Not Affect Allocations Clause in Contracts

Conversion Shall Not Affect Allocations. The conversion shall not affect the allocation to any Participant of any item of Partnership income, gain, loss, deduction or credit or other item of special tax significance other than Partnership liabilities, if any. Further, the conversion shall not affect any Participant’s interest in the Partnership’s natural gas and oil properties and unrealized receivables.

Appears in 12 contracts

Samples: Partnership Agreement (Atlas Resources Series 33-2013 L.P.), Certificate and Agreement (DGOC Series 18C LP), Certificate and Agreement (DGOC Series 18B LP)

AutoNDA by SimpleDocs

Conversion Shall Not Affect Allocations. The conversion shall not affect the allocation to any Participant of any item of Partnership income, gain, loss, deduction or credit or other item of special tax significance other than Partnership liabilities, if any. Further, the conversion shall not affect any Participant’s interest in the Partnership’s natural oil and gas and oil properties and unrealized receivables.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Bayou City Exploration, Inc.), Limited Partnership Agreement (Bayou City Exploration, Inc.), Limited Partnership Agreement (Bayou City Exploration, Inc.)

Conversion Shall Not Affect Allocations. The conversion shall not affect the allocation to any Participant of any item of Partnership income, gain, loss, deduction or credit or other item of special tax significance other than Partnership liabilities, if any. Further, the conversion shall not affect any Participant’s 's interest in the Partnership’s 's natural gas and oil properties and unrealized receivables.

Appears in 6 contracts

Samples: Certificate and Agreement (Atlas America Public #14-2004 L.P.), Certificate and Agreement (Atlas America Series 25-2004 B Lp), Limited Partnership Agreement (Atlas America Public 12 2003 Program)

Conversion Shall Not Affect Allocations. The conversion shall not affect the allocation to any Participant of any item of Partnership income, gain, loss, deduction or credit or other item of special tax significance other than Partnership liabilities, if any. Further, the conversion shall not affect any Participant’s 's interest in the Partnership’s natural 's oil and gas and oil properties and unrealized receivables.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Bayou City Exploration, Inc.), Limited Partnership   Agreement (Bayou City Exploration, Inc.), Limited Partnership Agreement (Bayou City Exploration, Inc.)

AutoNDA by SimpleDocs

Conversion Shall Not Affect Allocations. The conversion shall not affect the allocation to any Participant of any item of Partnership income, gain, loss, deduction or credit or other item of special tax significance (other than Partnership liabilities, if any). Further, the conversion shall not affect any Participant’s 's interest in the Partnership’s natural 's oil and gas and oil properties and unrealized receivables.

Appears in 1 contract

Samples: Subscription Agreement (Atlas Energy for Nineties Public No 8 LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.