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 6 contracts
Samples: Partnership Agreement (Atlas Resources Series 33-2013 L.P.), Limited Partnership Agreement (DGOC Series 18B LP), Limited Partnership Agreement (DGOC Series 18C LP)
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: Limited Partnership Agreement (Atlas America Public #14-2004 L.P.), Limited Partnership Agreement (Atlas America Public 12 2003 Program), Limited Partnership Agreement (Atlas America Public 11-2002 LTD)
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: Limited Partnership Agreement (Atlas America Series 25-2004 B Lp), Limited Partnership 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 §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: Limited Partnership 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: Limited Partnership Agreement (Atlas Energy for the Nineties Public No 5 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) 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: Limited Partnership Agreement (Atlas America Public #14-2005 (A) LP)
