Market Value Adjustments. Appropriate Capital Account adjustments will be made upon any Transfer of any Units, including those that apply upon the constructive liquidation of the Company under § 708(b) of the Code, all in accordance with the § 704(b) Regulations. Similarly, if optional basis adjustments are made under § 734 or § 743 of the Code, appropriate Capital Account adjustments will be made as required by the § 704(b) Regulations.
Appears in 5 contracts
Samples: Operating Agreement (Gci Inc), Operating Agreement (General Communication Inc), Operating Agreement (Liberty Media Corp /De/)
Market Value Adjustments. Appropriate Capital Account adjustments will ------------------------ be made upon any Transfer of any Unitsan Ownership Interest, including those that apply upon the constructive liquidation Liquidation of the Company under § (S) 708(b) of the Code, all in accordance with the § (S) 704(b) Regulations. Similarly, if optional basis adjustments are made under § (S) 734 or § (S) 743 of the Code, appropriate Capital Account adjustments will be made as required by the § (S) 704(b) Regulations.
Appears in 2 contracts
Samples: Operating Agreement (FLN Finance Inc), Operating Agreement (FLN Finance Inc)
Market Value Adjustments. Appropriate Capital Account adjustments will be ------------------------ made upon any Transfer of any Unitsan Ownership Interest, including those that apply upon the constructive liquidation Liquidation of the Company under § (S) 708(b) of the Code, all in accordance with the § (S) 704(b) Regulations. Similarly, if optional basis adjustments are made under § (S) 734 or § (S) 743 of the Code, appropriate Capital Account adjustments will be made as required by the § (S) 704(b) Regulations.
Appears in 2 contracts
Samples: Operating Agreement (FLN Finance Inc), Operating Agreement (FLN Finance Inc)
Market Value Adjustments. Appropriate Capital Account adjustments will be made upon any Transfer of any Unitsan Ownership Interest, including those that apply upon the constructive liquidation of the Company under § Section 708(b) of the Code, all in accordance with the § Section 704(b) Regulations. Similarly, if optional basis adjustments are made under § Section 734 or § Section 743 of the Code, appropriate Capital Account adjustments will be made as required by the § Section 704(b) Regulations.
Appears in 2 contracts
Samples: Operating Agreement (Tci Satellite Entertainment Inc), Operating Agreement (Tci Satellite Entertainment Inc)
Market Value Adjustments. Appropriate Capital Account adjustments ------------------------ will be made upon any Transfer of any Unitsan Ownership Interest, including those that apply upon the constructive liquidation Liquidation of the Company under § (S) 708(b) of the Code, all in accordance with the § (S) 704(b) Regulations. Similarly, if optional basis adjustments are made under § (S) 734 or § (S) 743 of the Code, appropriate Capital Account adjustments will be made as required by the § (S) 704(b) Regulations.
Appears in 1 contract
Market Value Adjustments. Appropriate Capital Account adjustments will be made upon any Transfer of any Units, including those that apply upon the constructive liquidation of the Company under § ss. 708(b) of the Code, all in accordance with the § ss. 704(b) Regulations. Similarly, if optional basis adjustments are made under § ss. 734 or § ss. 743 of the Code, appropriate Capital Account adjustments will be made as required by the § ss. 704(b) Regulations.
Appears in 1 contract
Samples: Reorganization Agreement (General Communication Inc)