Basis Adjustment. The Tax Matters Partner may cause, in its sole and absolute discretion, the Partnership to elect pursuant to Section 754 of the Code and the Regulations thereunder to adjust the basis of the Partnership Assets as provided by Sections 743 or 734 of the Code and the Regulations thereunder.
Appears in 9 contracts
Samples: Limited Partnership Agreement (Eap Energy Services Lp), Limited Partnership Agreement (Culmen Technology Partners Lp), Limited Partnership Agreement (Fw Integrated Orthopaedics Investors Lp)
