DEEMED SALE GAIN/LOSS CHARGE BACK. The FMV of all Tax 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 Sections 6.1.5 and 6.1.6.
Appears in 4 contracts
Samples: Operating Agreement (Alamo Energy Corp.), Area Three Tax Partnership Agreement (Rex Energy Corp), Tax Partnership Agreement (Rex Energy Corp)