Depreciation. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #MPJChampionshipTicket going forward. Schedules to Tenth Amendment to Limited Liability Company Agreement – Collectable Sports Assets, LLC – Page 170 of 174 SERIES #MPJChampionshipTicket Sport Basketball Professional League NBA Player Mxxxxxx Xxxxxx Jr. Team Denver Nuggets Year 2018-19 Memorabilia Type Basketball Card Manufacturer Panini Cards in Offering 1 Subject Mxxxxxx Xxxxxx Jr. Era Modern Authentication BGS Grade BGS 9/10 Schedules to Tenth Amendment to Limited Liability Company Agreement – Collectable Sports Assets, LLC – Page 171 of 174 Schedule LVIII to Tenth Amendment to Collectable Sports Assets, LLC Amended and Restated Limited Liability Company Agreement Exhibit 203 Series Designation of #ERLINGHAALANDPSA10BASKET, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #ERLINGHAALANDPSA10BASKET, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment April 15, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #ERLINGHAALANDPSA10BASKET with effect from the effective date hereof and shall continue to act as the Managing Member of #ERLINGHAALANDPSA10BASKET until dissolution of #ERLINGHAALANDPSA10BASKET pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #ERLINGHAALANDPSA10BASKET shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #ERLINGHAALANDPSA10BASKET through that certain Consignment Agreement dated as of 4/12/21, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #ERLINGHAALANDPSA10BASKET from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As st...
Depreciation. For each taxable year or other period, an amount equal to the depreciation, amortization or other cost recovery deduction allowable with respect to an asset for the year or other period, except that if the Book Value of an asset differs from its adjusted basis for federal income tax purposes at the beginning of the year or other period, Depreciation will be an amount which bears the same ratio to the beginning Book Value as the federal income tax depreciation, amortization or other cost recovery deduction for the year or other period bears to the beginning adjusted tax basis, provided that if the federal income tax depreciation, amortization, or other cost recovery deduction for the year or other period is zero, Depreciation will be determined with reference to the beginning Book Value using any reasonable method selected by the General Partner.
Depreciation. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the Series #UNITAS1965JERSEY going forward. SERIES #UNITAS1965Jersey Sport Football Professional League National Football League Player Jxxxxx Xxxxxx Team Baltimore Colts Season 1965 Memorabilia Type Jersey Manufacturer Macgregor Subject Jxxxxx Xxxxxx Authentication LOA from Sports Investors Authentication 2009 l9Gl Photo Match Letter from Sports Investors Authentication 2009 l9Gl LOA from JSA for Autograph BX00000 Xxxxx X/X Schedule III to Fourth Amendment to Collectable Sports Assets, LLC Amended and Restated Limited Liability Company Agreement Exhibit 14 Series Designation of #ALIWBCBELT, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #ALIWBCBELT, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment October 12, 2020 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #ALIWBCBELT with effect from the effective date hereof and shall continue to act as the Managing Member of #ALIWBCBELT until dissolution of #ALIWBCBELT pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #ALIWBCBELT shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #ALIWBCBELT through that certain Consignment Agreement dated as of October 11, 2020, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #ALIWBCBELT from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #ALIWBCBELT Interests the Company can issue may not exceed the purchase price, in the aggregate, of $450,000. Number of #ALIWBCBELT Interests held by the Managing Member and its...
Depreciation. For each Fiscal Year or other period, the depreciation, amortization, or other cost recovery deduction allowable concerning an asset for such period, except that if the Gross Asset Value of an asset differs from its adjusted basis for federal income tax purposes at the beginning of such period, Depreciation shall bear the same ratio to such beginning Gross Asset Value as the federal income tax depreciation, amortization, or other cost recovery deduction for such period bears to such beginning adjusted tax basis.
Depreciation. Prior to the applicable Lease Supplement Termination Date, neither Certificate Trustee nor any Participant shall claim any federal or state tax attributes or benefits (including depreciation) relating to any System or Equipment unless required to do so by an appropriate taxing authority or after a clearly applicable change in Applicable Laws or as a protective response to a proposed adjustment by an Governmental Authority; provided, however, that if an appropriate taxing authority shall require Certificate Trustee or any Certificate Purchaser to claim any such federal or state tax attributes or benefits, or if any such Person shall make any such claim as a protective response as aforesaid, such Person shall promptly notify Lessee thereof and shall permit Lessee to contest such requirement in a manner similar Participation Agreement to the contest rights provided in, and subject to any applicable limitation to a contest contained in, Section 7.2(b).
Depreciation. For the purpose of depreciation under the Applicable Laws, the property representing the capital investments made by the Concessionaire in the Project shall be deemed to be acquired and owned by the Concessionaire.
Depreciation. (i) depreciation rate is to reflect a life of between 40-75 years of the capital improvements on the land;
Depreciation. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #KobeAtomicRefractor going forward. Schedules to Tenth Amendment to Limited Liability Company Agreement – Collectable Sports Assets, LLC – Page 23 of 174 SERIES #KobeAtomicRefractor Sport Basketball Professional League NBA Player Kxxx Xxxxxx Team Los Angeles Lakers Year 1996 Memorabilia Type Basketball Card Manufacturer Bxxxxx Cards in Offering 1
Depreciation the total depreciation of Borrower and its Consolidated Subsidiaries as measured in accordance with GAAP.
Depreciation. The Project could decline in value due to changes in the market for such property or due to the decline in the physical condition of the property. Lower market valuation will lead to lower taxes and lower tax increments.