Common use of Revaluation of Company Property Clause in Contracts

Revaluation of Company Property. The Capital Accounts of the Members shall be adjusted to reflect a revaluation of Company Property made pursuant to the definition of Gross Asset Value and in accordance with the provisions of Section 14.14 hereof; provided that any adjustments hereunder shall be made in accordance with and to the extent provided in Regulations Sections 1.704-1(b)(2)(iv)(f) and (g), and taking into account Regulation Section 1.704-1(b)(2)(iv)(h).

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Asta Funding Inc)

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Revaluation of Company Property. The Capital Accounts of the Members shall be adjusted to reflect a revaluation of the Property of the Company Property made pursuant to the definition of Gross Asset Value and in accordance with the provisions of Section 14.14 21.6 hereof; provided that any adjustments hereunder shall be made in accordance with and to the extent provided in Regulations Sections Section 1.704-1(b)(2)(iv)(f) and (g), and taking into account Regulation Section 1.704-1(b)(2)(iv)(h).

Appears in 1 contract

Samples: Operating Agreement

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Revaluation of Company Property. The Upon the agreement of the Members, ------------------------------- the Capital Accounts of the Members shall may be adjusted to reflect a revaluation of the property of the Company Property made pursuant to the definition of Gross Asset Value and in accordance with the provisions of with, and at such times as specified in, Treasury Regulation Section 14.14 hereof1.704-1(b)(2)(iv)(f); provided that any adjustments hereunder shall be made in accordance with and to the extent provided in Treasury Regulations Sections Section 1.704-1(b)(2)(iv)(f) and (g), and taking into account Regulation Section 1.704-1(b)(2)(iv)(h).

Appears in 1 contract

Samples: Operating Agreement (Brandywine Realty Trust)

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