Common use of Fair Market Value Capital Accounts Clause in Contracts

Fair Market Value Capital Accounts. The TMP shall establish and maintain fair market value ("FMV") capital accounts and tax basis capital accounts for each Member. Upon request, the TMP shall submit to each Member along with a copy of any proposed partnership income tax return an accounting of its respective FMV capital accounts as of the end of the tax return period.

Fair Market Value Capital Accounts. The TMP shall establish and maintain fair market value ("FMV") ------------------------------------- maintain, or cause to be established and maintained, for each Partner a FMV capital accounts account and tax a federal income Tax basis capital accounts for each Memberaccount. Upon request, the TMP shall submit to each Member Partner along with a copy of any proposed partnership federal income tax return Tax Return an accounting of its respective such Partner's FMV capital accounts account as of the end of the tax return periodperiod for such Tax Return.

Fair Market Value Capital Accounts. The TMP shall establish and maintain fair market value ("FMV") capital accounts FMV Capital Accounts and tax basis capital accounts Tax Basis Capital Accounts for each MemberPartner. Upon request, the TMP shall submit to each Member Partner along with a copy of any proposed partnership Partnership income tax return an accounting of its respective FMV capital accounts Capital Account and Tax Basis Capital Account as of the end of the tax return period.

Fair Market Value Capital Accounts. The TMP shall establish and maintain for each Party fair market value ("FMV") capital accounts and tax basis capital accounts for each Memberaccounts. Upon request, the TMP shall submit to each Member Party along with a copy of any proposed partnership income tax return an accounting of its respective such Party's FMV capital accounts as of the end of the tax return period.