Common use of MLP Status Clause in Contracts

MLP Status. Crosstex has, for each taxable year beginning after December 31, 2001, during which Crosstex was in existence, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended.

Appears in 7 contracts

Samples: Common Unit Purchase Agreement (Crosstex Energy Lp), Common Unit Purchase Agreement (Crosstex Energy Lp), Common Unit Purchase Agreement (Crosstex Energy Lp)

AutoNDA by SimpleDocs

MLP Status. Crosstex has, for each taxable year beginning after December 31, 2001, during which Crosstex was in existence, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amendedamended (the “Code”). Crosstex expects to meet the gross income requirements of Section 7704(c)(2) of the Code for its taxable year ending December 31, 2009.

Appears in 1 contract

Samples: Convertible Preferred Unit (Crosstex Energy Lp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!