Depreciation. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #AcunaBowman10Basket going forward. Schedules to Tenth Amendment to Limited Liability Company Agreement – Collectable Sports Assets, LLC – Page 77 of 174 Schedules to Tenth Amendment to Limited Liability Company Agreement – Collectable Sports Assets, LLC – Page 78 of 174 Series Designation of #LUKAFLAWLESS9.5, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #LukaFlawless9.5, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment April 15, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #LukaFlawless9.5 with effect from the effective date hereof and shall continue to act as the Managing Member of #LukaFlawless9.5 until dissolution of #LukaFlawless9.5 pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #LukaFlawless9.5 shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #LukaFlawless9.5 through that certain Consignment Agreement dated as of 3/25/21, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #LukaFlawless9.5 from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #LukaFlawless9.5 Interests the Company can issue may not exceed the purchase price, in the aggregate, of $200,000. Number of #LukaFlawless9.5 Interests held by the Managing Member and its Affiliates The Managing Member must purchase a minimum of 0.5% and may purchase additional #LukaFlawless9.5 Interests (including in excess of 10%), in its sole discretion, through the Offering. Broker ...
Depreciation. For those items of a capital nature that were purchased or for program service use.
Depreciation. For the purpose of depreciation under the Applicable Laws, the property representing the capital investments made by the Concessionaire in the Project shall be deemed to be acquired and owned by the Concessionaire.
Depreciation. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the Series #CURRYBASKET going forward.
Depreciation. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the Series #BRADYREEBOKFLAWLESS going forward. Schedules to Sixth Amendment to Limited Liability Company Agreement – Collectable Sports Assets, LLC – Page 14 of 27
Depreciation the total depreciation of Borrower and its Consolidated Subsidiaries as measured in accordance with GAAP.
Depreciation. “Depreciation” shall mean, for each fiscal year or other period, an amount equal to the depreciation, amortization or other cost recovery deduction allowable with respect to an asset for such year or other period, except that if the Gross Asset Value of an asset differs from its adjusted basis for federal income tax purposes at the beginning of such year or other period, Depreciation shall be an amount which bears the same ratio to such beginning Gross Asset Value as the federal income tax depreciation, amortization or other cost recovery deduction for such year or other period bears to such beginning adjusted tax basis.
Depreciation. Depreciation is not charged on heritage assets which have indefinite lives.
Depreciation. (i) depreciation rate is to reflect a life of between 40-75 years of the capital improvements on the land;
(ii) the value of capital improvement will be based on the estimated current capital improved value;
(iii) the minimum annual depreciation rate will be not less than the rate resulting from a term of 75 years.
Depreciation. The fixed assets of each Group Member covered in the Existing Financial Statements have been or shall be, as applicable, depreciated in accordance with US GAAP. The value of each Asset has been properly reflected in the Existing Financial Statements in all material respects.
