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Common use of MLP Status Clause in Contracts

MLP Status. Seller has, since its formation, met the gross income requirements of Section 7704(c)(2) of the Internal Revenue Code of 1986, as amended.

Appears in 6 contracts

Sources: Common Unit Purchase Agreement (Paa Natural Gas Storage Lp), Common Unit Purchase Agreement (Paa Natural Gas Storage Lp), Common Unit Purchase Agreement (Plains All American Pipeline Lp)

Related Clauses

  • Partnership Status
  • Company Status
  • Shell Status
  • REIT Status
  • Shell Company Status

Parent Clauses

  • REPRESENTATIONS AND WARRANTIES OF THE PARTNERSHIP
  • REPRESENTATIONS AND WARRANTIES AND COVENANTS RELATED TO THE PARTNERSHIP
  • REPRESENTATIONS AND WARRANTIES RELATED TO MARKWEST
  • Representations and Warranties
  • REPRESENTATIONS AND WARRANTIES RELATED TO SELLER

Sub-Clauses

  • Certain Shareholder Matters
  • AHD LPA Amendment
  • Authority Relative to This Agreement
  • No Default
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