MLP Status. The Partnership has, for each taxable year ending after December 31, 2010, during which the Partnership was in existence, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”). The Partnership expects to meet the gross income requirements of Section 7704(c)(2) of the Code for its taxable year ending December 31, 2016.
Appears in 4 contracts
Samples: Series a Preferred Unit Purchase Agreement, Series a Preferred Unit Purchase Agreement (CSI Compressco LP), Purchase Agreement (Tetra Technologies Inc)
MLP Status. The Partnership is properly treated as a partnership for United States federal income tax purposes and has, for each taxable year ending beginning after December 31, 2010, 2011 during which the Partnership was in existence, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”). The Partnership expects to meet the gross income requirements of Section 7704(c)(2) of the Code for its taxable year ending December 31, 2016.
Appears in 3 contracts
Samples: Class a Convertible Preferred Unit Purchase Agreement (Gainsco Inc), Convertible Preferred Unit Purchase Agreement (Goff John C), Class a Convertible Preferred Unit Purchase Agreement (Mid-Con Energy Partners, LP)
MLP Status. The Partnership has, for each taxable year ending beginning after December 31, 2010, 2005 during which the Partnership was in existence, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”). The Partnership expects to meet the gross income requirements of Section 7704(c)(2) of the Code for its taxable year ending December 31, 2016amended.
Appears in 3 contracts
Samples: Common Unit Purchase Agreement (DCP Midstream Partners, LP), Common Unit Purchase Agreement (Universal Compression Partners, L.P.), Purchase Agreement (DCP Midstream Partners, LP)
MLP Status. The Partnership has, for For each taxable year ending after December 31October 10, 20102014, during which the Partnership was in existence, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”), and otherwise satisfied the requirements for treatment as a partnership for United States federal income tax purposes. The Partnership expects to meet the gross income these requirements of Section 7704(c)(2) of the Code for its current taxable year ending December 31, 2016year.
Appears in 2 contracts
Samples: Purchase Agreement (Dominion Midstream Partners, LP), Series a Preferred Unit and Common Unit Purchase Agreement
MLP Status. The Partnership has, for each taxable year ending beginning after December 31, 2010, during which the Partnership was in existence, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”). The Partnership expects to meet the gross income requirements of Section 7704(c)(2) of the Code for its taxable year ending December 31, 2016amended.
Appears in 1 contract
Samples: Common Unit Purchase Agreement (American Midstream Partners, LP)
MLP Status. The Partnership has, for each taxable year ending beginning after December 31, 2010, 2005 during which the Partnership was in existence, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”). The Partnership expects to meet the gross income requirements of Section 7704(c)(2) of the Code for its taxable year ending December 31, 2016.amended
Appears in 1 contract
Samples: Common Unit Purchase Agreement (DCP Midstream Partners, LP)
MLP Status. The Partnership has, for each taxable year ending beginning after December 31, 20102005, during which the Partnership was in existence, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”). The Partnership expects to meet the gross income requirements of Section 7704(c)(2) of the Code for its taxable year ending December 31, 2016amended.
Appears in 1 contract
Samples: Common Unit Purchase Agreement (Magellan Midstream Holdings Lp)
MLP Status. The Partnership has, for For each taxable year ending after December 31, 2010, during which since the Partnership was in existence, met has been publicly traded within the gross income requirements meaning of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”). The , the Partnership expects to meet has met the gross income requirements of Section 7704(c)(2) of the Code and has otherwise satisfied the requirements for treatment as a partnership for U.S. federal income tax purposes. The Partnership expects to meet these requirements for its current taxable year ending December 31, 2016and following the consummation of the transactions contemplated by the Transaction Documents.
Appears in 1 contract
Samples: Series a Preferred Unit Purchase Agreement (Cypress Energy Partners, L.P.)
MLP Status. The Partnership has, for each taxable year ending after December 31November 17, 20101998, during which the Partnership was in existence, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”). The Partnership expects to meet the gross income requirements of Section 7704(c)(2) of the Code for its taxable year ending December 31, 2016.
Appears in 1 contract
Samples: Series a Preferred Unit Purchase Agreement (Plains All American Pipeline Lp)
