Receipts, Profits, Income and Gains. For purposes of applying the provisions of this Exhibit D, all receipts by any Party in respect of the Designated Property pursuant to the Agreement shall be deemed first to have been received by the Tax Partnership and then to have been distributed to such Party by the Tax Partnership in the manner specified in the Agreement. All such items shall be taken into account in computing the Tax Partnership’s gross income and gain or loss, as appropriate, and shall be allocated among the Parties in accordance with Article III hereof.
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Samples: Participation Agreement (Clayton Williams Energy Inc /De), Participation Agreement (Clayton Williams Energy Inc /De), Participation Agreement (Clayton Williams Energy Inc /De)
Receipts, Profits, Income and Gains. For purposes of applying the provisions of this Exhibit D, all receipts by any Party in respect of the Designated Property pursuant to the Agreement shall be deemed first to have been received by the Tax Partnership and then to have been distributed to such Party by the Tax Partnership in the manner specified in the Agreement. All such items shall be taken into account in computing the Tax Partnership’s 's gross income and gain or loss, as appropriate, and shall be allocated among the Parties in accordance with Article III hereof.
Appears in 4 contracts
Samples: Participation Agreement (Clayton Williams Energy Inc /De), Participation Agreement (Clayton Williams Energy Inc /De), Participation Agreement (Clayton Williams Energy Inc /De)
Receipts, Profits, Income and Gains. For purposes of applying the provisions of this Exhibit D, all receipts by any Party in respect of the Designated Property pursuant to the Agreement shall be deemed first to have been received by the Tax Partnership and then to have been distributed to such Party by the Tax Partnership in the manner specified in the Agreement. All such items shall be taken into account in computing the Tax Partnership’s gross income and gain or loss, as appropriate, and shall be allocated among the Parties in accordance with Article III hereof.. Xxxxxxx Area Participation Agreement.doc
Appears in 1 contract
Samples: Participation Agreement (Clayton Williams Energy Inc /De)
Receipts, Profits, Income and Gains. For purposes of applying the provisions of this Exhibit D, all receipts by any Party in respect of the Designated Property pursuant to the Agreement shall be deemed first to have been received by the Tax Partnership and then to have been distributed to such Party by the Tax Partnership in the manner specified in the Agreement. All such items shall be taken into account in computing the Tax Partnership’s gross income and gain or loss, as appropriate, and shall be allocated among the Parties in accordance with Article III hereof.. N LA Hosston-CV III Participation Agreement.doc
Appears in 1 contract
Samples: Participation Agreement (Clayton Williams Energy Inc /De)
Receipts, Profits, Income and Gains. For purposes of applying the provisions of this Exhibit D, all receipts by any Party in respect of the Designated Property pursuant to the Agreement shall be deemed first to have been received by the Tax Partnership and then to have been distributed to such Party by the Tax Partnership in the manner specified in the Agreement. All such items shall be taken into account in computing the Tax Partnership’s gross income and gain or loss, as appropriate, and shall be allocated among the Parties in accordance with Article III hereof.. Utah Participation Agreement.doc
Appears in 1 contract
Samples: Participation Agreement (Clayton Williams Energy Inc /De)
Receipts, Profits, Income and Gains. For purposes of applying the provisions of this Exhibit D, all receipts by any Party in respect of the Designated Property pursuant to the Agreement shall be deemed first to have been received by the Tax Partnership and then to have been distributed to such Party by the Tax Partnership in the manner specified in the Agreement. All such items shall be taken into account in computing the Tax Partnership’s gross income and gain or loss, as appropriate, and shall be allocated among the Parties in accordance with Article III hereof.. Xxxxxxxx Co Area Participation Agreement.doc
Appears in 1 contract
Samples: Participation Agreement (Clayton Williams Energy Inc /De)
Receipts, Profits, Income and Gains. For purposes of applying the provisions of this Exhibit DB, all receipts by any Party in respect of the Designated Property pursuant to the Agreement shall be deemed first to have been received by the Tax Partnership and then to have been distributed to such Party by the Tax Partnership in the manner specified in the Agreement. All such items shall be taken into account in computing the Tax Partnership’s 's gross income and gain or loss, as appropriate, and shall be allocated among the Parties in accordance with Article III hereof.
Appears in 1 contract
Samples: Participation Agreement (Clayton Williams Energy Inc /De)
Receipts, Profits, Income and Gains. For purposes of applying the provisions of this Exhibit D, all receipts by any Party in respect of the Designated Property pursuant to the Agreement shall be deemed first to have been received by the Tax Partnership and then to have been distributed to such Party by the Tax Partnership in the manner specified in the Agreement. All such items shall be taken into account in computing the Tax Partnership’s gross income and gain or loss, as appropriate, and shall be allocated among the Parties in accordance with Article III hereof.. N LA Bossier III Participation Agreement.doc
Appears in 1 contract
Samples: Participation Agreement (Clayton Williams Energy Inc /De)