in accordance with Treas. Reg. § 1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductions.
Appears in 4 contracts
Samples: Area Four Tax Partnership Agreement (Rex Energy Corp), Area Three Tax Partnership Agreement (Rex Energy Corp), Tax Partnership Agreement (Rex Energy Corp)
in accordance with Treas. Reg. § §1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation, including bonus depreciation.
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.)
in accordance with Treas. Reg. § 1.1245ss.1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 2 contracts
Samples: Exploration Participation Agreement (Ridgewood Energy U Fund LLC), Exploration Participation Agreement (Ridgewood Energy P Fund LLC)
in accordance with Treas. Reg. § §1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 2 contracts
Samples: Exploration and Development Agreement (ZaZa Energy Corp), Partnership Agreement (Victory Energy Corp)
in accordance with Treas. Reg. § §1.1245-1(el(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 1 contract
Samples: Exploration and Development Agreement (ZaZa Energy Corp)
in accordance with Treas. Reg. § 1.1245ss.1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 1 contract
Samples: Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)
in accordance with Treas. Reg. § §1.1245-1(e1 (e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 1 contract
in accordance with Treas. Reg. § 1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among between the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 1 contract
in accordance with Treas. Reg. § §1.1245-1(eI(c), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 1 contract
