Exchange Basis Schedule. Within 90 calendar days after the filing of the U.S. federal income APO Corp. Return for each Taxable Year in which any Exchange has been effected, APO Corp. shall deliver to the applicable Holder a schedule (the “Exchange Basis Schedule”), (i) the actual unadjusted tax basis of the Original Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Original Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Original Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable (which, for non-amortizable assets shall be based on the Valuation Assumptions).
Appears in 5 contracts
Samples: Tax Receivable Agreement, Tax Receivable Agreement, Tax Receivable Agreement (Apollo Global Management LLC)
Exchange Basis Schedule. Within 90 45 calendar days after the filing of the U.S. federal income APO Corp. Return tax return of the Corporation for each Taxable Year in which any Exchange has been effected, APO Corp. the Corporation shall deliver to the applicable Holder Partner a schedule (the “Exchange Basis Schedule”)) that shows, in reasonable detail, for purposes of Taxes, (i) the actual unadjusted tax basis of the Original Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Original Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Original Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable (which, for non-amortizable assets shall be based on the Valuation Assumptions)depreciable.
Appears in 3 contracts
Samples: Tax Receivable Agreement, Tax Receivable Agreement (Evercore Partners Inc.), Tax Receivable Agreement (Evercore Partners Inc.)
Exchange Basis Schedule. Within 90 45 calendar days after the filing of the U.S. United States federal income APO Corp. Return tax return of the Corporation for each Taxable Year in which any Exchange has been effectedYear, APO Corp. the Corporation shall deliver to the applicable Holder each Exchanging Member a schedule (the an “Exchange Basis Schedule”)) that shows, in reasonable detail, for purposes of Taxes, (i) the actual unadjusted tax Tax basis of the Original Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Original Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Original Assets are amortizable and/or depreciable depreciable, and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable (which, for non-amortizable assets shall be based on the Valuation Assumptions).
Appears in 3 contracts
Samples: Tax Receivable Agreement (Truett-Hurst, Inc.), Tax Receivable Agreement (Truett-Hurst, Inc.), Tax Receivable Agreement (Truett-Hurst, Inc.)
Exchange Basis Schedule. Within 90 calendar days after the filing of the U.S. federal income APO Corp. Return tax return of the Corporate Taxpayer for each Taxable Year in which any Exchange has been effected, APO Corp. the Corporate Taxpayer shall deliver to the applicable Holder Limited Partner a schedule (the “Exchange Basis Schedule”)) that shows for purposes of Taxes, (i) the actual unadjusted tax basis of the Original Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Original Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Original Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable (which, for non-amortizable assets shall be based on the Valuation Assumptions).
Appears in 2 contracts
Samples: Tax Receivable Agreement (Blackstone Group Inc), Tax Receivable Agreement (Blackstone Group L.P.)
Exchange Basis Schedule. Within 90 45 calendar days after the filing of the U.S. United States federal income APO Corp. Return tax return of the Corporation for each Taxable Year in which any Exchange has been effectedYear, APO Corp. the Corporation shall deliver to the applicable Holder each Exchanging Member a schedule (the an “Exchange Basis Schedule”)) that shows, in reasonable detail, for purposes of Taxes, (i) the actual unadjusted tax Tax basis of the Original Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Original Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Original Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable (which, for non-amortizable assets shall be based on the Valuation Assumptions).
Appears in 2 contracts
Samples: Tax Receivable Agreement (PBF Energy Inc.), Tax Receivable Agreement (PBF Energy Inc.)
Exchange Basis Schedule. Within 90 45 calendar days after the filing of the U.S. United States federal income APO Corp. Return Tax return of the Corporation for each Taxable Year in which any Exchange has been effectedYear, APO Corp. the Corporation shall deliver to the applicable Holder each Member a schedule (the “Exchange Basis Schedule”)) that shows, in reasonable detail, for purposes of federal income Taxes, (i) the actual unadjusted tax Tax basis of the Original Exchange Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Original Exchange Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Original Exchange Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable (which, for non-amortizable assets assets, shall be based on the Valuation Assumptions).
Appears in 2 contracts
Samples: Tax Receivable Agreement (Pzena Investment Management, Inc.), Tax Receivable Agreement (Pzena Investment Management, Inc.)
Exchange Basis Schedule. Within 90 60 calendar days after the filing of the U.S. federal income APO Corp. Corporation Return for each Taxable Year in which any Exchange has been effectedYear, APO Corp. the Corporation shall deliver to the applicable Holder each Member that participated in an Exchange for such Taxable Year, a schedule (the “Exchange Basis Schedule”), ) that shows in reasonable detail (i) the actual unadjusted tax basis Non-Stepped Up Tax Basis of the Original Exchange Assets as of each applicable Exchange Date, (ii) the Basis Adjustment Amount with respect to the Original Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Original Exchange Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment Amount is amortizable and/or depreciable (which, for non-amortizable assets assets, shall be based on the Valuation Assumptions).
Appears in 2 contracts
Samples: Tax Receivable Agreement (Red Rock Resorts, Inc.), Tax Receivable Agreement (Woodside Homes, Inc.)
Exchange Basis Schedule. Within 90 45 calendar days after the filing of the U.S. federal income APO Corp. Return tax return of the Corporation for each Taxable Year in which any Exchange has been effected, APO Corp. the Corporation shall deliver to the applicable Holder Partner a schedule (the “Exchange Basis Schedule”)) that shows, in reasonable detail, for purposes of Taxes, (i) the actual unadjusted tax basis of the Original Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Original Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Original Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable (which, for non-amortizable assets shall be based on the Valuation Assumptions).
Appears in 2 contracts
Samples: Tax Receivable Agreement (Fortress Investment Group Holdings LLC), Tax Receivable Agreement (Fortress Investment Group LLC)
Exchange Basis Schedule. Within 90 calendar days after the filing of the U.S. federal income APO Corp. Return tax return of the Corporate Taxpayer for each Taxable Year in which any Exchange has been effected, APO Corp. the Corporate Taxpayer shall deliver to the each applicable Holder Limited Partner a schedule (the “Exchange Basis Schedule”)) that shows for purposes of Taxes, (i) the actual unadjusted tax basis Non-Stepped Up Tax Basis of the Original Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Original Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Original Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable (which, for non-amortizable assets shall be based on the Valuation Assumptions).
Appears in 2 contracts
Samples: Tax Receivable Agreement (PJT Partners Inc.), Tax Receivable Agreement (PJT Partners Inc.)
Exchange Basis Schedule. Within 90 60 calendar days after the filing of the last U.S. federal state income APO Corp. or franchise Tax Return of Vantiv for each the Taxable Year in which any Exchange has been effectedthat includes the Exchange, APO Corp. Vantiv shall deliver to the applicable Holder JPDN a schedule substantially in the form of Exhibit A attached hereto (the “Exchange Basis Schedule”)) that shows, in reasonable detail, for purposes of Taxes, (i) the actual unadjusted tax basis of the Original Assets as of each applicable Exchange Datethe Exchange, (ii) the Basis Adjustment with respect to the Original Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregateExchange, (iii) the period or periods, if any, over which the Original Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable (which, for non-amortizable assets shall be based on the Valuation Assumptions).
Appears in 1 contract
Exchange Basis Schedule. Within 90 45 calendar days after the filing of the U.S. United States federal income APO Corp. Return Tax return of the Corporation for each Taxable Year in which any Exchange has been effectedYear, APO Corp. the Corporation shall deliver to the applicable Holder each Member a schedule (the “Exchange Basis Schedule”)) that shows, in reasonable detail, for purposes of Taxes, (i) the actual unadjusted tax Tax basis of the Original Exchange Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Original Exchange Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Original Exchange Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable (which, for non-amortizable assets assets, shall be based on the Valuation Assumptions).
Appears in 1 contract
Samples: Tax Receivable Agreement (Turner Investments, Inc.)