Simulated Amounts. (i) Simulated Depletion, Simulated Loss, and IDCs with respect to each oil and gas property of the Company will be allocated in proportion to the same manner as the Simulated Basis of such property is allocated among the Members pursuant to Section 4.6(g).
Appears in 2 contracts
Sources: Limited Liability Company Agreement (MorningStar Partners, L.P.), Limited Liability Company Agreement (MorningStar Partners, L.P.)