Common use of Payments to the Managing General Partner Clause in Contracts

Payments to the Managing General Partner. The Capital Account of the Managing General Partner shall be reduced by payments to it pursuant to §4.04(a)(2) only to the extent of the Managing General Partner’s distributive share of any Partnership deduction, loss, or other downward Capital Account adjustment resulting from the payments. Also, in the event, and to the extent, that the Managing General Partner is treated under the Code as having been transferred an interest in the Partnership in connection with the performance of services for the Partnership (whether before or after the formation of the Partnership):

Appears in 11 contracts

Samples: Partnership Agreement (Atlas Resources Series 33-2013 L.P.), Certificate and Agreement (DGOC Series 18B LP), Certificate and Agreement (DGOC Series 18C LP)

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Payments to the Managing General Partner. The Capital Account of the Managing General Partner shall be reduced by payments to it pursuant to §4.04(a)(2ss.4.04(a)(2) only to the extent of the Managing General Partner’s 's distributive share of any Partnership deduction, loss, or other downward Capital Account adjustment resulting from the payments. Also, in the event, and to the extent, that the Managing General Partner is treated under the Code as having been transferred an interest in the Partnership in connection with the performance of services for the Partnership (whether before or after the formation of the Partnership):.

Appears in 3 contracts

Samples: Escrow Agreement (Atlas America Public 11-2002 LTD), Certificate and Agreement (Atlas America Public #14-2004 L.P.), Limited Partnership Agreement (Atlas America Public 12 2003 Program)

Payments to the Managing General Partner. The Capital Account of the Managing General Partner shall be reduced by payments to it pursuant to §Section 4.04(a)(2) only to the extent of the Managing General Partner’s 's distributive share of any Partnership deduction, loss, or other downward Capital Account adjustment resulting from the payments. Also, in the event, and to the extent, that the Managing General Partner is treated under the Code as having been transferred an interest in the Partnership in connection with the performance of services for the Partnership (whether before or after the formation of the Partnership):.

Appears in 2 contracts

Samples: Certificate and Agreement (Atlas America Series 25-2004 B Lp), Certificate and Agreement (Atlas America Series 25-2004 a L P)

Payments to the Managing General Partner. The Capital Account of the Managing General Partner shall be reduced by payments to it pursuant to §4.04(a)(2ss.4.04(a)(2) only to the extent of the Managing General Partner’s 's distributive share of any Partnership deduction, loss, or other downward Capital Account adjustment resulting from the payments. Also, in the event, and to the extent, that the Managing General Partner is treated under the Code as having been transferred an interest in the Partnership in connection with the performance of services for the Partnership (whether before or after the formation of the Partnership):

Appears in 1 contract

Samples: Certificate and Agreement (Atlas America Public #15-2005 Program)

Payments to the Managing General Partner. The Capital Account of the Managing General Partner shall be reduced by payments to it pursuant to §4.04(a)(2) only to the extent of the Managing General Partner’s distributive share of any Partnership deduction, loss, or other downward Capital Account adjustment resulting from the payments. Also, in the event, and to the extent, that the Managing General Partner is treated under the Code as having been transferred an interest in the Partnership in connection with the performance of services for the Partnership (whether before or after the formation of the Partnership):.

Appears in 1 contract

Samples: Certificate and Agreement (Atlas America Public #14-2005 (A) LP)

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Payments to the Managing General Partner. The Capital Account of the Managing General Partner shall be reduced by payments to it pursuant to §Section 4.04(a)(2) only to the extent of the Managing General Partner’s 's distributive share of any Partnership deduction, loss, or other downward Capital Account adjustment resulting from the such payments. Also, in the event, and to the extent, that the Managing General Partner is treated under the Code as having been transferred an interest in the Partnership in connection with the performance of services for the Partnership (whether before or after the formation of the Partnership):.

Appears in 1 contract

Samples: Subscription Agreement (Atlas Energy for Nineties Public No 8 LTD)

Payments to the Managing General Partner. The Capital Account of the Managing General Partner shall be reduced by payments to it pursuant to §4.04(a)(2.4.04(a)(2) only to the extent of the Managing General Partner’s 's distributive share of any Partnership deduction, loss, or other downward Capital Account adjustment resulting from the such payments. Also, in the event, and to the extent, that the Managing General Partner is treated under the Code as having been transferred an interest in the Partnership in connection with the performance of services for the Partnership (whether before or after the formation of the Partnership):.

Appears in 1 contract

Samples: Certificate and Agreement (Atlas Energy for the Nineties Public No 5 LTD)

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