Revaluation of Assets. Revalue any of its assets (whether tangible or intangible), including writing off notes or accounts receivable, settle, discount or compromise any accounts receivable, or reverse any reserves other than in the ordinary course of business and consistent with past practice;
Revaluation of Assets. Any revaluation by GSE of a material asset (including, without limitation, writing down of the value of inventory or writing-off of notes or accounts receivable except in the ordinary course of business consistent with past practice to the extent that any such write-downs or write-offs are not, individually or in the aggregate, material to GSE);
Revaluation of Assets. Members’ Capital Accounts shall be adjusted in accordance with, and upon the occurrence of an event described in Regulations §1.704-1(b)(2)(iv)(f), including the receipt of additional Capital Contributions in excess of the Initial Capital Contribution pursuant to Section 3.8, to reflect a revaluation of Company’s assets on the Company’s books. Such adjustments to the Members’ Capital Accounts shall be made in accordance with Regulations § 1.704-1(b)(2)(iv)(g) for allocations of depreciation, depletion, amortization and gain or loss with respect to such revalued property.
Revaluation of Assets. In the event of any non-pro rata contribution of capital to the partnership, or other event which the General Partners determine to require a revaluation of the partnership assets in accordance with standard accounting practices, the book value of the partnership assets shall be adjusted to fair market value and gain or loss equal to the net increase or decrease in book value shall be allocated to the capital accounts of the Partners as if realized by the partnership immediately prior to the non-pro rata contribution or other event. For this purpose, and all other partnership purposes, the good faith determination of fair market value by the General Partners shall be conclusive.
Revaluation of Assets. The Company will not undertake any revaluation of any of its assets, including, without limitation, writing down the value of inventory or writing off notes or accounts receivable other than in the ordinary course of business or in accordance with GAAP consistently applied.
Revaluation of Assets. As of each Revaluation Date, the Trustee -- --------------------- shall revalue the various Accounts maintained by the Trustee for the Participating Employees and Beneficiaries, to the end that such Employee and Beneficiary Accounts will reflect any increase or decrease in fair market value of the assets of the Trust as of such date. Any such increase or decrease in market value shall be apportioned in the same manner that income, expenses, and losses are to be apportioned in accordance with the provisions of this Paragraph 8. --
