DEEMED SALE GAIN/LOSS CHARGE BACK. The FMV of all Partnership properties shall be determined and the gain or loss for each property, which would have resulted if sold at such FMV, shall be allocated in accordance with Secs. 6.1.5 and 6.1.6.
Appears in 4 contracts
Samples: Exploration and Development Agreement (ZaZa Energy Corp), Participation Agreement (Velocity Oil & Gas, Inc.), Asset Purchase Agreement (Ausam Energy Corp)
DEEMED SALE GAIN/LOSS CHARGE BACK. The FMV of all Partnership properties shall be determined and the gain or loss for each property, which would have resulted if sold at such FMV, shall be allocated in accordance with Secs. 6.1.5 Sections 6.1.4 and 6.1.66.1.5.
Appears in 3 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.)
DEEMED SALE GAIN/LOSS CHARGE BACK. The FMV of all Partnership properties shall be determined and the gain or loss for each property, which would have resulted if sold at such FMV, shall be allocated in accordance with Secs. 6.1.5 and 6.1.6.
Appears in 2 contracts
Samples: Exploration Participation Agreement (Ridgewood Energy P Fund LLC), Exploration Participation Agreement (Ridgewood Energy U Fund LLC)
DEEMED SALE GAIN/LOSS CHARGE BACK. The FMV of all Partnership properties shall be determined and the gain or loss for each property, which would have resulted if sold at such FMV, shall be allocated in accordance with SecsSees. 6.1.5 and 6.1.6.
Appears in 1 contract
Samples: Exploration and Development Agreement (ZaZa Energy Corp)
