Depreciation and Amortization. The Book Value of Company property shall be adjusted for the depreciation and amortization of such property taken into account in computing Net Profit and Net Loss and for Company expenditures and transactions that increase or decrease the property’s federal income tax basis.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC), Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC), Limited Liability Company Agreement (American Casino & Entertainment Properties LLC)
Depreciation and Amortization. The Book Value of a Company property asset shall be adjusted for the depreciation and amortization of such property asset taken into account in computing Net Profit Profits and Net Loss Losses and for Company expenditures and transactions that increase or decrease the property’s federal asset's Federal income tax basis.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Micro Investment LLC), Operating Agreement (Sokol David L), Operating Agreement (General Felt Industries Inc)
Depreciation and Amortization. The Book Value of Company property shall be adjusted for the depreciation and amortization of such property taken into account in computing Net Profit and Net Loss and for Company expenditures and transactions that increase or decrease the property’s 's federal income tax basis.
Appears in 2 contracts
Samples: Operating Agreement (Ev3 Inc.), Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC)
Depreciation and Amortization. The Book Value of Company LLC property shall be adjusted for the depreciation and amortization of such property taken into account in computing Net Profit Income and Net Loss and for Company LLC expenditures and transactions that increase or decrease the property’s federal income tax basis.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (BioFuel Energy Corp.), Limited Liability Company Agreement (BioFuel Energy Corp.)
Depreciation and Amortization. The Book Value of a Company property asset shall be adjusted for the depreciation and amortization of such property asset taken into account in computing Net Profit Profits and Net Loss Losses and for Company expenditures and transactions that increase or decrease the propertyasset’s federal income tax basis.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Depreciation and Amortization. The Book Value of Company the Company’s property shall be adjusted for the depreciation and amortization of such property taken into account in computing Net Profit and Net Loss and for Company expenditures and transactions that increase or decrease the property’s federal U.S. Federal income tax basis.
Appears in 2 contracts
Samples: Operating Agreement (Savage Sports Holdings, Inc.), Operating Agreement (Savage Sports Holdings, Inc.)
Depreciation and Amortization. The Book Value of a Company property asset shall be adjusted (i) for the depreciation and amortization of such property asset taken into account in computing Net Profit Profits and Net Loss Losses and (ii) for Company expenditures and transactions that increase or decrease the property’s asset's federal income tax basis.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Valor Telecommunications Southwest LLC)
Depreciation and Amortization. The Book Value of a Company property asset shall be adjusted for the depreciation and amortization of such property asset taken into account in computing Net Profit Profits and Net Loss Losses and for Company expenditures and transactions that increase or decrease the propertyasset’s federal Federal income tax basis.
Appears in 1 contract
Samples: Operating Agreement (Idt Corp)
Depreciation and Amortization. The Book Value of a Company property asset shall be adjusted (i) for the depreciation and amortization of such property asset taken into account in SOUTHWEST computing Net Profit Profits and Net Loss Losses and (ii) for Company expenditures and transactions that increase or decrease the property’s asset's federal income tax basis.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Valor Telecommunications Southwest LLC)
