Book Value. “Book Value” means for any asset the asset’s adjusted basis for Federal income tax purposes, except as follows:
Appears in 6 contracts
Samples: Membership Interest Agreement, Membership Interest Agreement (Carey Watermark Investors Inc), Limited Liability Company Operating Agreement (Carey Watermark Investors Inc)
Book Value. “Except as set forth below, Book Value” means for Value of any Company asset the asset’s is its adjusted basis for Federal federal income tax purposes, except as follows:.
Appears in 5 contracts
Samples: Operating Agreement, Operating Agreement (Sokol David L), Operating Agreement (General Felt Industries Inc)
Book Value. “The Book Value” means for Value with respect to any asset shall be the ---------- asset’s 's adjusted basis for Federal federal income tax purposes, except as follows:
Appears in 1 contract
Book Value. Except as set forth below, the book value (the “Book Value” means for ”) of any Company asset the asset’s is its adjusted basis for Federal federal income tax purposes, except as follows:.
Appears in 1 contract
Samples: Operating Agreement
