Initial Contributed Property definition

Initial Contributed Property means (i) Loans listed on Exhibit A hereto delivered to the Servicer, the Collateral Agent and the Backup Servicer on the Initial Funding Date and (ii) all Related Security with respect thereto.
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Initial Contributed Property means the Properties as defined in the Acquisition Agreement.
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Initial Contributed Property means the property contributed to the Partnership pursuant to the terms of the Master Agreement.
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Examples of Initial Contributed Property in a sentence

  • By executing this Agreement, each Partner hereby agrees to report income, gain, loss and deduction on such Partner's federal income tax return in a manner that is consistent with the use of the traditional method of allocation with respect to the Initial Contributed Property.

  • The Partnership may elect the traditional method of allocation contained in Section 1.704- 3(b) of the Regulations to take into account any variation between the adjusted basis and the fair market value of the Initial Contributed Property at the time of the contribution ("Precontribution Gain") on a Property-by-Property basis.

  • By executing this Agreement, each Partner hereby agrees to report income, gain, loss and deduction on such Partner’s federal income tax return in a manner that is consistent with the use of the traditional method of allocation with respect to the Initial Contributed Property.

  • The Partnership may elect the traditional method of allocation contained in Section 1.704- 3(b) of the Regulations to take into account any variation between the adjusted basis and the fair market value of the Initial Contributed Property at the time of the contribution (“Precontribution Gain”) on a Property-by-Property basis.

  • Within ninety (90) calendar days after the filing of the U.S. federal income Tax Return of Parent for each Taxable Year in which the ICP 704(c) Application continues to be effective with respect to the Initial Contributed Property, Parent shall deliver to PDC a detailed schedule (the “ICP 704(c) Schedule”) setting forth the application of Section 704(c) to the Initial Contributed Property and the Members for such Taxable Year as well as all prior Taxable Years.

  • If there is a default under Section 4.2(d) and such default has not been cured on or before the date that is ten (10) days after CNL LP receives written notice of such default (the “Priority Loan Date”), then GW LP shall be deemed to have made a loan to the Partnership in an amount equal to the difference between seventy percent (70%) and the Percentage Interest of the CNL Partners on the Priority Loan Date multiplied by the Initial Contributed Property Value (the “Deemed Priority Loan”).

  • The Partners further agree that because the Partnership was a “disregarded entity” for federal income tax purposes prior to the Effective Date, for federal income tax purposes (i) the CNL Partners will be deemed to have purchased a portion of the Initial Contributed Property from Great Wolf Resorts (which indirectly owns 100% of GW LP and Wolf Sandusky), and (ii) Great Wolf Resorts and the CNL Partners will be deemed to have jointly contributed the Initial Contributed Property to the Partnership.

  • The Partnership shall use the traditional method of allocation contained in Section 1.704-3(b) of the Regulations to take into account any variation between the adjusted basis and the fair market value of the Initial Contributed Property at the time of the contribution ("Precontribution Gain ").


More Definitions of Initial Contributed Property

Initial Contributed Property shall have the meaning set forth in the recitals.
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Initial Contributed Property has the meaning set forth in the Recitals of this Agreement.
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Initial Contributed Property. Xxx Xxxxx Hotel Property and related personal property contributed to the Partnership and the Sandusky Hotel Property and related personal property contributed to the Partnership.
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Related to Initial Contributed Property

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Distributed Property shall have the meaning specified in Section 14.04(c).

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • of any Contributed Property means the fair market value of such property or other consideration at the time of contribution as determined by the General Partner using such reasonable method of valuation as it may adopt. The General Partner shall, in its discretion, use such method as it deems reasonable and appropriate to allocate the aggregate Agreed Value of Contributed Properties contributed to the Partnership in a single or integrated transaction among each separate property on a basis proportional to the fair market value of each Contributed Property.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Taxable Property means all Assessor’s Parcels which are not Exempt Property.

  • Adjusted Property means any property the Carrying Value of which has been adjusted pursuant to Section 5.5(d).

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Agreed Value of any Contributed Property means the fair market value of such property or other consideration at the time of contribution as determined by the General Partner. The General Partner shall use such method as it determines to be appropriate to allocate the aggregate Agreed Value of Contributed Properties contributed to the Partnership in a single or integrated transaction among each separate property on a basis proportional to the fair market value of each Contributed Property.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • After-Acquired Property means any property (other than Collateral or Excluded Property) that is acquired or otherwise owned by the Company or any Subsidiary after the Issue Date of a type that secures the Secured Obligations.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Contributed Interests has the meaning set forth in the recitals.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Blighted property means property that meets any of the following criteria:

  • Specified Property means property for which an election has been made for a special elective benefit.

  • Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report, adjusted for any investments in and depreciations of the properties, respectively, during the period starting on the day falling immediately after the last day of the period covered by the latest consolidated Financial Report and ending on the relevant Record Date.

  • Affected Property means all real property at the Site and any other real property where EPA determines, at any time, that access or, land, water, or other resource use restrictions, and/or Institutional Controls are needed to implement the removal action, including, but not limited to, the following properties [insert property descriptions].

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.