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Common use of Simulated Gain Clause in Contracts

Simulated Gain. Simulated gain with respect to any oil and gas property shall be allocated among the Partners as provided in Section B1.3(a).

Appears in 2 contracts

Sources: Limited Partnership Agreement (American Energy Capital Partners - Energy Recovery Program, Lp), Agreement of Limited Partnership (American Energy Capital Partners, LP)

Related Clauses

  • Section 704(c) Allocations
  • Tax Attributes
  • Net Loss
  • Chargeback of Partner Nonrecourse Debt Minimum Gain
  • Basis Adjustment

Parent Clauses

  • Allocations for Capital Account Purposes
  • Simulated Basis Simulated Depletion and Simulated Loss Simulated Gain Amount Realized
  • Allocations and Distributions
  • Simulated Basis Simulated Depletion and Simulated Loss Simulated Gain
  • Allocations

Sub-Clauses

  • Minimum Quarterly Distribution
  • Conversion of Subordinated Units
  • Subordinated Units Outstanding
  • Definitions
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