Common use of Optional Revaluations of Property of the Company Clause in Contracts

Optional Revaluations of Property of the Company. The Company will not make the election to revalue property of the Company permitted under Section 1.704-1(b)(2)(iv)(f) of the Income Tax Regulations except as determined by the Management Committee.

Appears in 1 contract

Samples: Operating Agreement (Thomas Properties Group Inc)

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Optional Revaluations of Property of the Company. The Company will not make the election to revalue property of the Company permitted under Section 1.704-1(b)(2)(iv)(f) of the Income Tax Regulations except as determined by the Management CommitteeManager.

Appears in 1 contract

Samples: Loan Termination Agreement (Thomas Properties Group Inc)

Optional Revaluations of Property of the Company. The Company will not make the election to revalue property of the Company permitted under Section 1.704-1(b)(2)(iv)(f1.704‑1(b)(2)(iv)(f) of the Income Tax Regulations except as determined recommended by the Manager subject to the approval of the Management Committee.

Appears in 1 contract

Samples: Operating Agreement (Thomas Properties Group Inc)

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Optional Revaluations of Property of the Company. The Company will not make the election to revalue property Property of the Company permitted under Section 1.704-1(b)(2)(iv)(f) of the Income Tax Regulations except as determined by the Management CommitteeTMP, subject to Section 10.4 of the Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tejon Ranch Co)

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