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Page 176
... arrangement . Disadvantages As might be expected , there are some disadvantages for both parties to net profits interest arrangements . Some of the disadvantages are actually only the converse of an advantage to the other party , and ...
... arrangement . Disadvantages As might be expected , there are some disadvantages for both parties to net profits interest arrangements . Some of the disadvantages are actually only the converse of an advantage to the other party , and ...
Page 184
... arrangement actually creates a carried interest , probably of the Manahan type , although without the words of pres- ent grant and conveyance . The use of a net profits inter- est arrangement in a nonconsent provision could permit ...
... arrangement actually creates a carried interest , probably of the Manahan type , although without the words of pres- ent grant and conveyance . The use of a net profits inter- est arrangement in a nonconsent provision could permit ...
Page 268
... arrangement , under which his children , through trusts or outright gifts , are given interest in a particular venture subject to the right of payout in the parent . Through the carried interest arrangement , the parent is enabled to ...
... arrangement , under which his children , through trusts or outright gifts , are given interest in a particular venture subject to the right of payout in the parent . Through the carried interest arrangement , the parent is enabled to ...
Contents
The Thirtieth Year of the Natural Gas Act and Its | 1 |
Title Examination and Division Orders | 29 |
Royalty Problems Incident to the Processing of Natural | 89 |
Copyright | |
13 other sections not shown
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Common terms and phrases
5th Cir agreement allocated amount applied assignment Bankline basis carried interest Comm'r Commission consolidated return contract Corp corporation decision deduction depreciation division order drilling economic interest effect error ref'd excess loss account exemption fact filed Hugoton industry interest owner investment involved land Legal Fdn lessee lessor Magnolia Petroleum Co market value ment mineral Natural Gas net profits interest Oil & Gas oil and gas operator opinion ordinary income overriding royalty ownership partnership party percent Petroleum Phillips Petroleum Co pipeline problem production payment profits interest holder provisions purchase question received recovery Regulations remainderman reserves result Revenue Ruling royalty interest rules Section securities service partner Simplot slant drilling Southwest Exploration Stanolind Subject Properties supra Supreme Court Tax Court taxable taxpayer Texas Texas Co tion tract transaction transfer trust instrument United wellhead