Common use of Tax Partnerships Clause in Contracts

Tax Partnerships. Except as set forth on Schedule 5.25, the Assets are not subject to any tax partnership agreements requiring a partnership income tax return to be filed under Subchapter K of Chapter 1 of Subtitle A of the United States Internal Revenue Code.

Appears in 7 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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Tax Partnerships. Except as set forth on Schedule 5.256.15, the Assets are not no Asset is subject to any tax partnership agreements agreement or provisions requiring a partnership income tax return to be filed under Subchapter K of Chapter 1 of Subtitle A of the United States Internal Revenue Code or any similar state statute, and in the case of any Property subject to a tax partnership agreement, the tax partnership has an election in effect under Section 754 of the Code.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (EP Energy LLC), Purchase and Sale Agreement (Atlas Resource Partners, L.P.)

Tax Partnerships. Except as set forth on Schedule 5.25, the The Assets are not subject to any tax partnership agreements requiring a partnership income tax return to be filed under Subchapter K of Chapter 1 of Subtitle A of the United States Internal Revenue Code.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (PetroHunter Energy Corp), Purchase and Sale Agreement (Kansas City Power & Light Co)

Tax Partnerships. Except as set forth on Schedule 5.25, the The Assets are not subject to any tax partnership agreements requiring a partnership income tax return to be filed under Subchapter K of Chapter 1 of Subtitle A of the United States Internal Revenue Code.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

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Tax Partnerships. Except as set forth on Schedule 5.25, the The Assets are not subject to any tax partnership agreements requiring a partnership income tax return to be filed under Subchapter subchapter K of Chapter 1 of Subtitle A of the United States Internal Revenue CodeCode of 1986, as amended.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Synergy Resources Corp)

Tax Partnerships. Except as set forth on Schedule 5.25, the The Assets are not subject to any tax partnership agreements requiring a partnership income tax return to be filed under Subchapter K of Chapter 1 of Subtitle A of the United States Internal Revenue Code, with the exception of tax partnership agreements which are a part of the Material Agreements.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Teton Energy Corp)

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