Book Basis Adjustments. The Book Basis of all assets will be adjusted to equal their respective fair market values upon the events set forth in Treasury Regulation § 1.704-1(b)(2)(iv)(f)(5)(i) and (ii).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Gramercy Capital Corp)
Book Basis Adjustments. The Book Basis of all assets will be adjusted to equal their respective fair market values values, as agreed to by the Members, upon the events set forth in Treasury Regulation § 1.704-1(b)(2)(iv)(f)(5)(i) and (ii1(b)(2)(iv)(f)(5).
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Mack Cali Realty Corp)
Book Basis Adjustments. The Book Basis of all assets will be adjusted to equal their respective fair market values values, as agreed to by the Members, upon the events set forth in Treasury Regulation § 1.704-1(b)(2)(iv)(f)(5)(i) and (ii).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Mack Cali Realty Corp)
Book Basis Adjustments. The Book Basis of all assets will be adjusted to equal their respective fair market values upon the events set forth in Treasury Regulation § Section 1.704-1(b)(2)(iv)(f)(5)(i1(b)(2) (ii)(f)(5)(i) and (ii).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Prime Group Realty Trust)
