Common use of MLP Status Clause in Contracts

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: Preferred Unit Purchase Agreement, Purchase Agreement (CSI Compressco LP), Purchase Agreement (Tetra Technologies Inc)

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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.), Common Unit Purchase Agreement (DCP Midstream Partners, LP)

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: Purchase Agreement (Gainsco Inc), Purchase Agreement (Goff John C), Class a Convertible Preferred Unit (Mid-Con Energy 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: Registration Rights 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 on or after December 31, 2010, during which the Partnership was in existenceclosing of its initial public offering, 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 2 contracts

Samples: Securities Purchase Agreement (El Paso Pipeline Partners, L.P.), Securities Purchase Agreement (El Paso Pipeline 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 (Plains All American Pipeline Lp)

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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 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)

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