Basis Information Sample Clauses

Basis Information. Each Member shall provide to the Company all information for the Company to determine the tax basis for federal income tax purposes of its interest in any property contributed to the Company.

Basis Information. Each Partner agrees to provide the Partnership all information necessary to determine the tax basis for federal income tax purposes of its interest in any property contributed to the Partnership.

Basis Information. Schedule 2.20.2 sets forth the following information with respect to the Company as of the most recent practicable date: (A) its basis in its assets; (B) the amount of any net operating loss, net capital loss, unused investment or other credit, unused foreign tax, or excess charitable contribution allocable to it; and (C) the amount of any deferred gain or loss allocable to it arising out of any deferred intercompany transaction. None of the Company’s assets is treated as “tax-exempt use property” within the meaning of Section 168(h) of the Code.

Basis Information. During the local project team meetings there was discussion and recall of flooding that occurred in the city of Amenia in 1943, 1946, 1966, and 1979. • It was also noted that a few of the flood events may have been caused by ice jams at the railroad bridge about one-half mile north of the city, backing water up into the city. • The driving initiative behind the need for flood protection for the city of Amenia is the proposed FEMA FIRMs that would bring nearly the whole city into the 1-percent- annual- chance (100-year recurrence interval) floodplain, requiring most property owners to purchase federal flood insurance.