Tax Partnerships. Except as set forth on Schedule 4.18, no Property is subject to any tax partnership agreement or provisions requiring a partnership income tax return to be filed under Subchapter K of Chapter 1 of Subtitle A of the 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 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Atlas Resource Partners, L.P.)
Tax Partnerships. Except as set forth on Schedule 4.186.15, no Property Asset is subject to any tax partnership agreement or provisions requiring a partnership income tax return Tax Return to be filed under Subchapter K of Chapter 1 of Subtitle A of the 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 1 contract
Samples: Purchase and Sale Agreement (Atlas Energy Group, LLC)
Tax Partnerships. Except as set forth on Schedule 4.18, to Seller’s Knowledge, no Property is subject to any tax partnership agreement or provisions requiring a partnership income tax return to be filed under Subchapter K of Chapter 1 of Subtitle A of the 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 1 contract
Samples: Purchase and Sale Agreement (Carrizo Oil & Gas Inc)
