Common use of Depreciation Recapture Clause in Contracts

Depreciation Recapture. In the event there is any recapture of Depreciation or investment tax credit, the allocation thereof shall be made among the Partners in the same proportion as the deduction for such Depreciation or investment tax credit was allocated.

Appears in 25 contracts

Samples: Registration Rights Agreement (Corporate Office Properties, L.P.), Limited Partnership Agreement (First Industrial Lp), Limited Partnership Agreement (First Industrial Lp)

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Depreciation Recapture. In the event there is any recapture of Depreciation or investment tax credit, the allocation thereof of gain or income attributable to such recapture shall be made among shared by the Partners Members in the same proportion as the deduction for such Depreciation or investment tax credit was allocatedshared.

Appears in 10 contracts

Samples: Limited Liability Company Investment Agreement (American Well Corp), Company Agreement (Environmental Procedures Inc), Company Agreement (Golfsmith International Holdings Inc)

Depreciation Recapture. In the event there is any recapture of Depreciation or investment tax credit, the allocation thereof of gain or income attributable to such recapture shall be made among shared by the Partners in the same proportion as the deduction for such Depreciation or investment tax credit was allocatedshared.

Appears in 5 contracts

Samples: Cornell Corrections of Rhode Island, Inc., Cornell Corrections of Rhode Island, Inc., Partnership Agreement (Easy Gardener Products LTD)

Depreciation Recapture. In the event there is any recapture of Depreciation or investment item of tax credit, the allocation thereof shall be made among the Partners Members in the same proportion as the deduction for such Depreciation or investment item of tax credit was allocated.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Wells Real Estate Investment Trust Inc), Limited Liability Company Agreement (Wells Real Estate Investment Trust Inc)

Depreciation Recapture. In the event there is any recapture of ---------------------- Depreciation or investment tax credit, the allocation thereof of gain or income attributable to such recapture shall be made among shared by the Partners in the same proportion as the deduction for such Depreciation or investment tax credit was allocatedshared.

Appears in 1 contract

Samples: Fiber Glass Systems Lp

Depreciation Recapture. In the event there is any recapture of Depreciation depreciation or investment tax credit, the allocation thereof of gain or income attributable to such recapture shall be made among shared by the Partners in the same proportion as the deduction for such Depreciation depreciation or investment tax credit was allocatedshared.

Appears in 1 contract

Samples: Limited Partnership Agreement (Mills Corp)

Depreciation Recapture. In the event there is any recapture of Depreciation or investment tax credit, the allocation thereof shall be made among the Partners and Assignees in the same proportion as the deduction for such Depreciation or investment tax credit was allocated.

Appears in 1 contract

Samples: Bay Apartment Communities Inc

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Depreciation Recapture. In the event there is any recapture of Depreciation or investment tax credit, credit the allocation thereof of gain or income attributable to such recapture shall be made among shared by the Partners Members in the same proportion as the deduction for such Depreciation or investment tax credit was allocatedshared.

Appears in 1 contract

Samples: Company Agreement (Golfsmith International Holdings Inc)

Depreciation Recapture. In the event there is any recapture of Depreciation depreciation or investment tax credit, the allocation thereof shall be made among the Partners in the same proportion as the deduction for such Depreciation depreciation or investment tax credit was allocated.

Appears in 1 contract

Samples: Tax Protection Agreement (Kimco Realty Corp)

Depreciation Recapture. In the event there is any recapture of ---------------------- Depreciation or investment tax credit, the allocation thereof of gain or income attributable to such recapture shall be made among shared by. the Partners in the same proportion as the deduction for such Depreciation or investment tax credit was allocatedshared.

Appears in 1 contract

Samples: Fiber Glass Systems Lp

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