Common use of Gross Asset Value Clause in Contracts

Gross Asset Value. The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:

Appears in 12 contracts

Samples: Operating Agreement (Lincolnway Energy, LLC), Operating Agreement (Lincolnway Energy, LLC), Operating Agreement (Lincolnway Energy, LLC)

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Gross Asset Value. The term "Gross Asset Value" means” shall mean, with respect to any asset, the asset's ’s adjusted basis for federal income tax purposes, purposes except as follows:

Appears in 10 contracts

Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.), Limited Liability Company Agreement (Penske Automotive Group, Inc.), Limited Liability Company Agreement (Penske Automotive Group, Inc.)

Gross Asset Value. The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:

Appears in 9 contracts

Samples: Operating Agreement, Operating Agreement (Wynn Resorts LTD), Operating Agreement (Salem Communications Corp /De/)

Gross Asset Value. The As used herein, the term "Gross Asset Value" means, with respect to any asset, the asset's adjusted tax basis for federal income tax purposes, except as follows:

Appears in 3 contracts

Samples: Operating Agreement (American Artists Entertainment Corp), American Artists Entertainment Corp, American Artists Entertainment Corp

Gross Asset Value. The term "Gross Asset Value" means” shall mean, with respect to any asset, the asset's ’s adjusted basis for federal income tax purposes, except as follows:

Appears in 3 contracts

Samples: Agreement (Beverage Packaging Holdings (Luxembourg) IV S.a r.l.), Costs and Expenses and Compensation (Graham Packaging Co Inc.), Graham Packaging Co Inc.

Gross Asset Value. The For purposes of determining and maintaining the Members’ capital accounts, the term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis of the asset for federal income tax purposes, except as follows:

Appears in 2 contracts

Samples: Security Agreement (Servicesource International LLC), Limited Liability Company Agreement (Servicesource International LLC)

Gross Asset Value. The term "Gross Asset Value" means, with respect to any asset, the asset's ’s adjusted basis for federal income tax purposes, except as follows:

Appears in 1 contract

Samples: Operating Agreement

Gross Asset Value. The term "Gross Asset Value" meansValue shall mean, with respect to any asset, the asset's ’s adjusted basis for federal income tax purposes, except as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solis Seattle, LLC)

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Gross Asset Value. The term "Gross Asset Value" meansshall mean, with respect to any Partnership asset, the asset's adjusted basis for federal Federal income tax purposes, except as follows:

Appears in 1 contract

Samples: Limited Partnership Agreement (Ft 8001)

Gross Asset Value. The term "Gross Asset Value" Value means, with respect to any ----------------- asset, the asset's adjusted basis for federal income tax purposes, except as follows:

Appears in 1 contract

Samples: Registration Agreement (Navigant International Inc)

Gross Asset Value. The term "Gross Asset Value" means, with With respect to any asset, the such term shall mean such asset's adjusted basis for federal Federal income tax purposes, except as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Envirokare Tech Inc)

Gross Asset Value. The For purposes of determining and maintaining the Members’ Capital Accounts, the term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis of the asset for federal income tax purposes, except as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Jack Cooper Logistics, LLC)

Gross Asset Value. The term "Gross Asset Value" means, with respect to any asset, the asset's ’s adjusted basis for federal income tax purposes, except as follows:

Appears in 1 contract

Samples: Operating Agreement

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