in accordance with Treas. Reg. § 1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductions.
Appears in 4 contracts
Samples: Participation and Exploration Agreement (Rex Energy Corp), Participation and Exploration Agreement (Rex Energy Corp), Participation and Exploration Agreement (Rex Energy Corp)
in accordance with Treas. Reg. § §1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation, including bonus depreciation.
Appears in 3 contracts
Samples: Gas Gathering Agreement (Epsilon Energy Ltd.), Gas Gathering Agreement (Epsilon Energy Ltd.), Gas Gathering Agreement (Epsilon Energy Ltd.)
in accordance with Treas. Reg. § 1.1245ss.1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 2 contracts
Samples: Exploration Participation Agreement (Ridgewood Energy U Fund LLC), Exploration Participation Agreement (Ridgewood Energy P Fund LLC)
in accordance with Treas. Reg. § §1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 2 contracts
Samples: Exploration and Development Agreement (ZaZa Energy Corp), Partnership Agreement (Victory Energy Corp)
in accordance with Treas. Reg. § 1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among between the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 1 contract
in accordance with Treas. Reg. § §1.1245-1(el(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 1 contract
Samples: Exploration and Development Agreement (ZaZa Energy Corp)
in accordance with Treas. Reg. § §1.1245-1(eI(c), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 1 contract
in accordance with Treas. Reg. § 1.1245ss.1.1245-1(e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 1 contract
Samples: Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)
in accordance with Treas. Reg. § §1.1245-1(e1 (e), depreciation recapture shall be allocated, to the extent possible, among the Parties to reflect their prior sharing of the depreciation deductionsdepreciation.
Appears in 1 contract
