Adjustments for Investment Credit Property. In the event that the adjusted tax basis for federal income tax purposes of Company Investment Credit property is reduced or increased, the Capital Accounts of the Members shall be adjusted in the manner set forth in Treas. Reg. 1.704-1 (b)(2)(iv)(i).
Appears in 1 contract
Samples: Limited Liability Company Agreement (CBL/Regency I, LLC)
Adjustments for Investment Credit Property. In the event that the adjusted tax basis for federal income tax purposes of Company Member Newco Investment Credit property is reduced or increased, the Capital Accounts of the Members shall be adjusted in the manner set forth in Treas. Reg. 1.704-1 (b)(2)(iv)(i1(b)(2)(iv)(i).. 117
Appears in 1 contract
Samples: Master Transaction Agreement (CBL & Associates Properties Inc)
Adjustments for Investment Credit Property. In the event that the adjusted tax basis for federal income tax purposes of Company Member Newco Investment Credit property is reduced or increased, the Capital Accounts of the Members shall be adjusted in the manner set forth in Treas. Reg. 1.704-1 (b)(2)(iv)(i1(b)(2)(iv)(i).
Appears in 1 contract
Samples: Limited Liability Company Agreement (CBL & Associates Properties Inc)
Adjustments for Investment Credit Property. In the event that the adjusted tax basis for federal income tax purposes of Company Investment Credit property is reduced or increased, the Capital Accounts of the Members shall be adjusted in the manner set forth in Treas. Reg.
1. 1.704704-1 (b)(2)(iv)(i1(b)(2)(iv)(i).
Appears in 1 contract
Samples: Limited Liability Company Agreement (CBL & Associates Properties Inc)
