Common use of Federal Tax Elections Clause in Contracts

Federal Tax Elections. All elections for federal tax purposes, including but not limited to an election to adjust the basis of the assets of the Partnership pursuant to Section 754 of the Code, and the adoption of accelerated depreciation or cost recovery methods required or permitted to be made by the Partnership under the Code shall be determined by Approval by Partnership Vote.

Appears in 4 contracts

Samples: Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Behringer Harvard Short Term Opportunity Fund I Lp, Behringer Harvard Short Term Opportunity Fund I Lp

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Federal Tax Elections. All elections for federal tax purposes, including but not limited to an election to adjust the basis of the assets of the Partnership pursuant to Section 754 of the Code, and the adoption of accelerated depreciation or cost recovery methods required or permitted to be made by the Partnership under the Code shall be determined made by Approval by Partnership Votethe General Partner.

Appears in 2 contracts

Samples: Behringer Harvard Short Term Opportunity Fund I Lp, Behringer Harvard Short Term Opportunity Fund I Lp

Federal Tax Elections. All elections for federal tax purposes, including but not limited to an election to adjust the basis of the assets of the Partnership pursuant to Section 754 of the Code, and the adoption of accelerated depreciation or cost recovery methods required or permitted to be made by the Partnership under the Code shall be determined by Approval by Partnership Votethe General Partner.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Behringer Harvard Opportunity REIT I, Inc.)

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Federal Tax Elections. All elections for federal tax purposes, including but not limited to an election to adjust the basis of the assets of the Partnership pursuant to Section 754 of the Code, and the adoption of accelerated depreciation or cost recovery methods required or permitted to be made by the Partnership under the Code shall be determined approved by Approval by a Partnership Vote.

Appears in 1 contract

Samples: Behringer Harvard Short Term Opportunity Fund I Lp

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