Computation Rules. For purposes of computing the amount of any item of income, gain, deduction or loss to be reflected in the Capital Accounts, the determination, recognition and classification of any such item shall be the same as its determination, recognition and classification for federal income tax purposes (including any method of depreciation, cost recovery or amortization used for this purpose); provided that:
Appears in 3 contracts
Samples: Merry Maids Limited Partnership, ServiceMaster Consumer Services Limited Partnership, ServiceMaster Consumer Services Limited Partnership
Computation Rules. For purposes of computing the amount of any item of income, gain, deduction or loss to be reflected in the a Capital AccountsAccount, the determination, recognition and classification of any such item shall be the same as its determination, recognition and classification for federal income tax purposes (including any method of depreciation, cost recovery or amortization used for this purpose); provided that:
Appears in 1 contract
Samples: Agreement of Merger (ServiceMaster Consumer Services Limited Partnership)
