Common use of Production Expenditures Clause in Contracts

Production Expenditures. All "production expenditures", as defined for purposes of Section 263A of the Code, which result from any construction that is financed with funds contributed by a Partner, shall be allocated to the Partner which contributed such funds.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Lyondell Chemical Co), Limited Partnership Agreement (Citgo Petroleum Corp), Credit Agreement (Lyondell Chemical Co)

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Production Expenditures. All "production expenditures", as defined for purposes of Section 263A of the Code, which result from any construction that is financed with funds contributed by a PartnerPartner prior to January 1, 2006, shall be allocated to the Partner which contributed such funds.

Appears in 1 contract

Samples: Limited Partnership Agreement (Lyondell Houston Refinery Inc.)

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