Common use of Establishment of Capital Accounts Clause in Contracts

Establishment of Capital Accounts. Separate capital accounts shall be established and maintained for each Partner in accordance with Section 1.704-l(b)(2)(iv) of the Treasury Regulations, as amended from time to time.

Appears in 1 contract

Samples: Barnett Shale Operating LLC

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Establishment of Capital Accounts. 7.01. Separate capital accounts shall be established and maintained for each Partner in accordance with Section 1.704-l(b)(2)(iv1(b)(2)(iv) of the Treasury Regulations, as amended from time to time.. CREDITS AND DEBITS

Appears in 1 contract

Samples: Meritage Corp

Establishment of Capital Accounts. Separate capital accounts shall be established and maintained for each Partner in accordance with Section 1.704-l(b)(2)(iv1(b)(2)(iv) of the Treasury Regulations, as amended from time to time.

Appears in 1 contract

Samples: Agreement (Quinlan Jim Chevrolet Co)

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Establishment of Capital Accounts. Separate capital accounts shall be established and maintained for each Partner in accordance with Section 1.704-l(b)(2)(iv1.704‑l(b)(2)(iv) of the Treasury Regulations, as amended from time to time.

Appears in 1 contract

Samples: Barnett Shale Operating LLC

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