Common use of Income Tax Allocations Clause in Contracts

Income Tax Allocations. Except as otherwise provided herein, for purposes of any applicable federal, state or local income tax law, rule or regulation items of income, gain, deduction, loss, credit and amount realized shall be allocated to the Partners as follows:

Appears in 5 contracts

Samples: Agreement of Limited Partnership (Georesources Inc), BreitBurn Energy Partners L.P., Investors Agreement (Santa Fe Energy Trust)

AutoNDA by SimpleDocs

Income Tax Allocations. Except as otherwise provided herein, for purposes of any applicable federal, state or local income tax law, rule or regulation items of income, gain, deduction, loss, credit and amount realized shall be allocated to the Partners Members as follows:

Appears in 1 contract

Samples: Operating Agreement (MV Partners LLC)

AutoNDA by SimpleDocs

Income Tax Allocations. Except as otherwise provided herein, for purposes of any applicable federal, state or local income tax law, rule or regulation regulations items of income, gain, deduction, loss, loss and credit and amount realized shall be allocated to the Partners as follows:

Appears in 1 contract

Samples: Brigham Exploration Co

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