Contributed Asset definition

Contributed Asset means each Asset or other asset, in such form as may be permitted by the Act, but excluding cash, contributed or deemed contributed to the Partnership (or deemed contributed by the Partnership to a “new” partnership pursuant to Code section 708).
Contributed Asset means each Asset or other asset, in such form as may be permitted by the Act, but excluding cash, contributed or deemed contributed to the Partnership.
Contributed Asset means a Contributed REO Property and/or a Contributed Mortgage Loan.

Examples of Contributed Asset in a sentence

  • Notwithstanding the foregoing, such asset shall still be considered a Contributed Asset for purposes of determining whether any Liability is an Assumed Liability.

  • In making these special allocations, the Company shall use the traditional method with curative allocations described in treasury regulation § 1.704-3(c) for any Contributed Asset.

  • In determining such allocations, the Company shall use the traditional method with curative allocations described in treasury regulation § 1,704~3(c) for any Contributed Asset.

  • The parties hereby agree that the Operating Partnership shall have the right, in its sole discretion, to exclude any Contributed Asset, or any interest held directly or indirectly through a Contributed Asset (the “Eliminated Assets”), from this contribution after the date hereof until the Closing, provided that the Operating Partnership shall provide prior written notice to the Contributor regarding such exclusion.

  • The Operating Partnership shall account for any variation between the tax basis of any Contributed Asset and its fair market value at the time of its contribution to the Operating Partnership under the traditional method under Section 704(c) of the Code and the applicable regulations.


More Definitions of Contributed Asset

Contributed Asset means any asset or other property (other than cash) that is contributed to the Issuer as a capital contribution or in respect of Equity Interests other than Disqualified Stock.
Contributed Asset means a Rental Property or a REO Property.
Contributed Asset means any asset contributed by Sellers to the Newly-Formed LLCs, pursuant to a Contribution Agreement, or otherwise.
Contributed Asset and "Contributed Assets" have the meaning set forth in Section 2.1.
Contributed Asset is defined in the Contribution Agreement.
Contributed Asset has the meaning set forth in the Recitals.
Contributed Asset means a Contributed Mortgage Loan, Contributed Rental Property or a Contributed REO