Simulated Gain. For purposes of applying clause (iii) of the second sentence of Section 5.2(a), Simulated Gain for any taxable period will be treated as included in Net Income or Net Loss and allocated pursuant to Sections 6.1(a) or 6.1(b), as applicable.
Appears in 6 contracts
Samples: Series B Preferred Unit Purchase Agreement (Breitburn Energy Partners LP), Purchase Agreement (Breitburn Energy Partners LP), www.lw.com
Simulated Gain. For purposes of applying clause (iii) of the second sentence of Section 5.2(a5.5(a), Simulated Gain for any taxable period will be treated as included in either (x) Net Income or Net Loss or (y) Net Termination Gain or Net Termination Loss, as applicable, and allocated pursuant to Sections Section 6.1(a), 6.1(b) or 6.1(b6.1(c), as applicable.
Appears in 4 contracts
Samples: www.lw.com, New Source Energy Partners L.P., www.lw.com
Simulated Gain. For purposes of applying clause (iii) of the second sentence of Section 5.2(a5.4(a), Simulated Gain for any taxable period will shall be treated as included in either Net Income or Net Loss and allocated pursuant to Sections Section 6.1(a) or Section 6.1(b), as applicableappropriate.
Appears in 3 contracts
Samples: Mach Natural Resources Lp, Mach Natural Resources Lp, TXO Energy Partners, L.P.
Simulated Gain. For purposes of applying clause (iii) of the second sentence of Section 5.2(a5.3(a), Simulated Gain for any taxable period will shall be treated as included in either Net Income or Net Loss and allocated pursuant to Sections Section 6.1(a) or Section 6.1(b), as applicableappropriate.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Kimbell Royalty Partners, LP), Limited Liability Company Agreement (Kimbell Royalty Partners, LP), Recapitalization Agreement (Kimbell Royalty Partners, LP)
Simulated Gain. For purposes of applying clause (iii) of the second sentence of Section 5.2(a5.4(a), Simulated Gain for any taxable period will be treated as included in either Net Income or Net Loss and allocated pursuant to Sections 6.1(a) or and 6.1(b), as applicable.
Appears in 3 contracts
Samples: Black Stone Minerals, L.P., www.lw.com, Black Stone Minerals, L.P.
Simulated Gain. For purposes of applying clause (iii) of the second sentence of Section 5.2(a)5.4(a) of the Partnership Agreement, Simulated Gain for any taxable period will be treated as included in either Net Income or Net Loss and allocated pursuant to Sections 6.1(a) or 6.1(bParagraph 13(a)(i), as applicable.
Appears in 2 contracts
Samples: Black Stone Minerals, L.P., Black Stone Minerals, L.P.
Simulated Gain. For purposes of applying clause (iii) of the second sentence of Section 5.2(a5.6(a), Simulated Gain for any taxable period will shall be treated as included in either Net Income or Net Loss and allocated pursuant to Sections Section 6.1(a) or Section 6.1(b), as applicableappropriate.
Appears in 2 contracts
Samples: www.sec.gov, Kimbell Royalty Partners, LP
Simulated Gain. For purposes of applying clause (iii) of the second sentence of Section 5.2(a5.4(a), Simulated Gain for any taxable period will be treated as included in either Net Income or Net Loss and allocated pursuant to Sections Section 6.1(a) or 6.1(b), as applicable.
Appears in 1 contract
Samples: Viper Energy Partners LP
Simulated Gain. For purposes of applying clause (iii) of the second sentence of Section 5.2(aSection 5.3(a), Simulated Gain for any taxable period will shall be treated as included in either Net Income or Net Loss and allocated pursuant to Sections Section 6.1(a) or Section 6.1(b), as applicableappropriate.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Kimbell Royalty Partners, LP)
