MLP Status. The Partnership is properly treated as a partnership for United States federal income tax purposes and more than 90% of the Partnership’s current gross income is qualifying income under 7704(d) of the Internal Revenue Code of 1986, as amended.
Appears in 11 contracts
Samples: Common Unit Purchase Agreement, Common Unit Purchase Agreement (Stonemor Partners Lp), Common Unit Purchase Agreement (Rice Midstream Partners LP)
MLP Status. The Partnership is properly treated as a partnership for United States federal income tax purposes and more than 90% of the Partnership’s current gross income is qualifying income under Section 7704(d) of the Internal Revenue Code of 1986, as amendedCode.
Appears in 7 contracts
Samples: Common Unit Purchase Agreement, Common Unit Purchase Agreement (Energy Transfer Equity, L.P.), Common Unit Purchase Agreement
MLP Status. The Partnership is properly treated as a partnership for United States federal income tax purposes purposes, and more than 90% of the Partnership’s current gross income is for the current period is, and for each of the Partnership’s taxable years ending after September 20, 2016 has been, “qualifying income income” under Section 7704(d) of the Internal Revenue Code of 1986, as amendedCode.
Appears in 2 contracts
Samples: Common Unit Purchase Agreement (Noble Midstream Partners LP), Common Unit Purchase Agreement (Noble Midstream Partners LP)
MLP Status. The Partnership is properly treated as a partnership for United States federal income tax Tax purposes and more than 90% of the Partnership’s current gross income is qualifying income under Section 7704(d) of the Internal Revenue Code of 1986, as amendedamended (the “Code”).
Appears in 2 contracts
Samples: Equity Commitment Agreement, Equity Commitment Agreement (Amerigas Partners Lp)
MLP Status. The Partnership is properly treated as a partnership for United States federal income tax purposes and more than 90% of the Partnership’s current gross income is for the most recent taxable year was qualifying income under 7704(d) of the Internal Revenue Code of 1986, as amended.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Legacy Reserves Lp)
MLP Status. The Partnership is properly treated as a partnership for United States federal income tax Tax purposes and more than 90% of the Partnership’s current gross income is qualifying income under Section 7704(d) of the Internal Revenue Code of 1986, as amended.
Appears in 1 contract
Samples: Common Unit Purchase Agreement (Emerge Energy Services LP)
MLP Status. The Partnership is properly treated as a partnership for United States federal income tax Tax purposes and more than 90% of the Partnership’s current gross income is qualifying income under Section 7704(d) of the Internal Revenue Code of 1986, as amendedamended (the “Code”). The Partnership reasonably anticipates that more than 90% of its gross income will be qualifying income under Section 7704(d) of the Code following the consummation of the transactions contemplated by the Contribution Agreement.
Appears in 1 contract
Samples: Registration Rights Agreement (Phillips 66 Partners Lp)
MLP Status. The Partnership is properly treated as a partnership for United States federal income tax purposes and more than 90% of the Partnership’s current gross income is qualifying income under 7704(d) of the Internal Revenue Code of 1986, as amendedCode.
Appears in 1 contract
Samples: Unit Purchase Agreement (Arc Logistics Partners LP)
