{"component": "definition", "props": {"groups": [{"size": 293, "snippet": "means (a) with respect to a Contributed Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, amortization and cost recovery deductions charged to the Partners\u2019 and Assignees\u2019 Capital Accounts in respect of such Contributed Property, and (b) with respect to any other Partnership property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination. The Carrying Value of any property shall be adjusted from time to time in accordance with Sections 5.5(d)(i) and 5.5(d)(ii) and to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [10, 25]}, {"key": "contributed-property", "type": "definition", "offset": [28, 48]}, {"key": "agreed-value", "type": "definition", "offset": [54, 66]}, {"key": "recovery-deductions", "type": "definition", "offset": [156, 175]}, {"key": "the-partners", "type": "clause", "offset": [187, 199]}, {"key": "capital-accounts", "type": "definition", "offset": [216, 232]}, {"key": "in-respect-of", "type": "definition", "offset": [233, 246]}, {"key": "partnership-property", "type": "definition", "offset": [308, 328]}, {"key": "basis-of", "type": "clause", "offset": [343, 351]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [370, 397]}, {"key": "time-of-determination", "type": "definition", "offset": [413, 434]}, {"key": "from-time-to-time", "type": "clause", "offset": [489, 506]}, {"key": "in-accordance-with", "type": "clause", "offset": [507, 525]}, {"key": "adjustments-to", "type": "clause", "offset": [603, 617]}, {"key": "dispositions-and-acquisitions", "type": "clause", "offset": [641, 670]}, {"key": "partnership-properties", "type": "definition", "offset": [674, 696]}, {"key": "by-the-general-partner", "type": "clause", "offset": [720, 742]}], "samples": [{"hash": "ebXeWD7uchy", "uri": "/contracts/ebXeWD7uchy#carrying-value", "label": "Limited Partnership Agreement (Global Partners Lp)", "score": 32.225189209, "published": true}, {"hash": "f4PbNtvkKoh", "uri": "/contracts/f4PbNtvkKoh#carrying-value", "label": "Agreement of Limited Partnership (Martin Midstream Partners L.P.)", "score": 30.9096508026, "published": true}, {"hash": "cGoaILUcEC8", "uri": "/contracts/cGoaILUcEC8#carrying-value", "label": "Limited Partnership Agreement (Stonemor Partners Lp)", "score": 30.4866523743, "published": true}], "hash": "af57639d4920f6667cc9e89498424b14", "id": 1}, {"size": 229, "snippet": "means, with respect to any asset, the asset\u2019s adjusted basis for federal income tax purposes, except as follows:", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "the-asset", "type": "clause", "offset": [34, 43]}, {"key": "adjusted-basis", "type": "clause", "offset": [46, 60]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [65, 92]}], "samples": [{"hash": "aJtIuWNEarX", "uri": "/contracts/aJtIuWNEarX#carrying-value", "label": "Limited Partnership Agreement (Cantor Fitzgerald Income Trust, Inc.)", "score": 37.0164260864, "published": true}, {"hash": "6vtzaU1KmAe", "uri": "/contracts/6vtzaU1KmAe#carrying-value", "label": "Operating Agreement (StartEngine Real Estate REIT 1 LLC)", "score": 32.1430511475, "published": true}, {"hash": "2ypGI8ds3Jk", "uri": "/contracts/2ypGI8ds3Jk#carrying-value", "label": "Limited Partnership Agreement (Cantor Fitzgerald Income Trust, Inc.)", "score": 31.6173858643, "published": true}], "hash": "68ff24598dd54e1dcf7f6afdad8acdd6", "id": 2}, {"size": 188, "snippet": "means (a) with respect to a Contributed Property or an Adjusted Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, amortization and other cost recovery deductions charged to the Partners\u2019 Capital Accounts in respect of such property, and (b) with respect to any other Partnership property, the adjusted basis of such property for U.S. federal income tax purposes, all as of the time of determination. The Carrying Value of any property shall be adjusted from time to time in accordance with Section 5.5(d) and to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [10, 25]}, {"key": "contributed-property", "type": "definition", "offset": [28, 48]}, {"key": "adjusted-property", "type": "definition", "offset": [55, 72]}, {"key": "agreed-value", "type": "definition", "offset": [78, 90]}, {"key": "recovery-deductions", "type": "definition", "offset": [186, 205]}, {"key": "the-partners", "type": "clause", "offset": [217, 229]}, {"key": "capital-accounts", "type": "definition", "offset": [231, 247]}, {"key": "in-respect-of", "type": "definition", "offset": [248, 261]}, {"key": "partnership-property", "type": "definition", "offset": [311, 331]}, {"key": "basis-of", "type": "clause", "offset": [346, 354]}, {"key": "for-us", "type": "clause", "offset": [369, 376]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [378, 405]}, {"key": "time-of-determination", "type": "definition", "offset": [421, 442]}, {"key": "from-time-to-time", "type": "clause", "offset": [497, 514]}, {"key": "in-accordance-with", "type": "clause", "offset": [515, 533]}, {"key": "adjustments-to", "type": "clause", "offset": [592, 606]}, {"key": "dispositions-and-acquisitions", "type": "clause", "offset": [630, 659]}, {"key": "partnership-properties", "type": "definition", "offset": [663, 685]}, {"key": "by-the-general-partner", "type": "clause", "offset": [709, 731]}], "samples": [{"hash": "k73XfxmVJuu", "uri": "/contracts/k73XfxmVJuu#carrying-value", "label": "Limited Partnership Agreement (Western Midstream Operating, LP)", "score": 36.9069137573, "published": true}, {"hash": "jS1v7SvE5Ym", "uri": "/contracts/jS1v7SvE5Ym#carrying-value", "label": "Limited Partnership Agreement (Western Midstream Operating, LP)", "score": 30.1608486176, "published": true}, {"hash": "fcPyHmtYT06", "uri": "/contracts/fcPyHmtYT06#carrying-value", "label": "Limited Partnership Agreement (Western Midstream Partners, LP)", "score": 30.1608486176, "published": true}], "hash": "1de287062284e80f73014e4494292080", "id": 3}, {"size": 153, "snippet": "means (i) with respect to a Contributed Property or Adjusted Property, the Section 704(c) Value of such property reduced (but not below zero) by all Depreciation with respect to such Contributed Property or Adjusted Property, as the case may be, charged to the Partners\u2019 Capital Accounts and (ii) with respect to any other Partnership property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination. The Carrying Value of any property shall be adjusted from time to time in accordance with Exhibit B, and to reflect changes, additions (including capital improvements thereto) or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [10, 25]}, {"key": "contributed-property", "type": "definition", "offset": [28, 48]}, {"key": "adjusted-property", "type": "definition", "offset": [52, 69]}, {"key": "the-case", "type": "definition", "offset": [229, 237]}, {"key": "the-partners", "type": "clause", "offset": [257, 269]}, {"key": "capital-accounts", "type": "definition", "offset": [271, 287]}, {"key": "partnership-property", "type": "definition", "offset": [323, 343]}, {"key": "basis-of", "type": "clause", "offset": [358, 366]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [385, 412]}, {"key": "time-of-determination", "type": "definition", "offset": [428, 449]}, {"key": "from-time-to-time", "type": "clause", "offset": [504, 521]}, {"key": "in-accordance-with", "type": "clause", "offset": [522, 540]}, {"key": "exhibit-b", "type": "clause", "offset": [541, 550]}, {"key": "capital-improvements", "type": "definition", "offset": [597, 617]}, {"key": "adjustments-to", "type": "clause", "offset": [636, 650]}, {"key": "dispositions-and-acquisitions", "type": "clause", "offset": [674, 703]}, {"key": "partnership-properties", "type": "definition", "offset": [707, 729]}, {"key": "by-the-general-partner", "type": "clause", "offset": [753, 775]}], "samples": [{"hash": "5dCVKv1bv7G", "uri": "/contracts/5dCVKv1bv7G#carrying-value", "label": "Agreement of Limited Partnership (FrontView REIT, Inc.)", "score": 35.7652282715, "published": true}, {"hash": "305b5J3ZOdv", "uri": "/contracts/305b5J3ZOdv#carrying-value", "label": "Agreement of Limited Partnership (FrontView REIT, Inc.)", "score": 35.6885681152, "published": true}, {"hash": "1WB57JoKz8R", "uri": "/contracts/1WB57JoKz8R#carrying-value", "label": "Limited Partnership Agreement", "score": 31.3408622742, "published": true}], "hash": "f508b80214c53cf3b8896d6d3eed292a", "id": 4}, {"size": 123, "snippet": "means (a) with respect to a Contributed Property or Adjusted Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, amortization and cost recovery deductions charged to the Partners\u2019 Capital Accounts in respect of such property and (b) with respect to any other Partnership property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination; provided that the Carrying Value of any property shall be adjusted from time to time in accordance with Section 5.5(d) to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [10, 25]}, {"key": "contributed-property", "type": "definition", "offset": [28, 48]}, {"key": "adjusted-property", "type": "definition", "offset": [52, 69]}, {"key": "agreed-value", "type": "definition", "offset": [75, 87]}, {"key": "recovery-deductions", "type": "definition", "offset": [177, 196]}, {"key": "the-partners", "type": "clause", "offset": [208, 220]}, {"key": "capital-accounts", "type": "definition", "offset": [222, 238]}, {"key": "in-respect-of", "type": "definition", "offset": [239, 252]}, {"key": "partnership-property", "type": "definition", "offset": [301, 321]}, {"key": "basis-of", "type": "clause", "offset": [336, 344]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [363, 390]}, {"key": "time-of-determination", "type": "definition", "offset": [406, 427]}, {"key": "provided-that", "type": "definition", "offset": [429, 442]}, {"key": "from-time-to-time", "type": "clause", "offset": [496, 513]}, {"key": "in-accordance-with", "type": "clause", "offset": [514, 532]}, {"key": "adjustments-to", "type": "clause", "offset": [587, 601]}, {"key": "dispositions-and-acquisitions", "type": "clause", "offset": [625, 654]}, {"key": "partnership-properties", "type": "definition", "offset": [658, 680]}, {"key": "by-the-general-partner", "type": "clause", "offset": [704, 726]}], "samples": [{"hash": "ilMqCsha2DK", "uri": "/contracts/ilMqCsha2DK#carrying-value", "label": "Limited Partnership Agreement (Phillips 66 Partners Lp)", "score": 30.5797405243, "published": true}, {"hash": "inxB4UKmFgV", "uri": "/contracts/inxB4UKmFgV#carrying-value", "label": "Partnership Interests Restructuring Agreement (Phillips 66)", "score": 30.5633125305, "published": true}, {"hash": "73kqOMhjc1Z", "uri": "/contracts/73kqOMhjc1Z#carrying-value", "label": "Agreement of Limited Partnership (MPLX Lp)", "score": 29.0876121521, "published": true}], "hash": "867fdc080a67fb44f0a6d214a02152b9", "id": 5}, {"size": 97, "snippet": "means (a) with respect to a Contributed Property or Adjusted Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, amortization and cost recovery deductions charged to the Partners\u2019 Capital Accounts in respect of such property and (b) with respect to any other Partnership property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination; provided that the Carrying Value of any property shall be adjusted from time to time in accordance with Sections 5.5(d)(i) and 5.5(d)(ii) and to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [10, 25]}, {"key": "contributed-property", "type": "definition", "offset": [28, 48]}, {"key": "adjusted-property", "type": "definition", "offset": [52, 69]}, {"key": "agreed-value", "type": "definition", "offset": [75, 87]}, {"key": "recovery-deductions", "type": "definition", "offset": [177, 196]}, {"key": "the-partners", "type": "clause", "offset": [208, 220]}, {"key": "capital-accounts", "type": "definition", "offset": [222, 238]}, {"key": "in-respect-of", "type": "definition", "offset": [239, 252]}, {"key": "partnership-property", "type": "definition", "offset": [301, 321]}, {"key": "basis-of", "type": "clause", "offset": [336, 344]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [363, 390]}, {"key": "time-of-determination", "type": "definition", "offset": [406, 427]}, {"key": "provided-that", "type": "definition", "offset": [429, 442]}, {"key": "from-time-to-time", "type": "clause", "offset": [496, 513]}, {"key": "in-accordance-with", "type": "clause", "offset": [514, 532]}, {"key": "adjustments-to", "type": "clause", "offset": [610, 624]}, {"key": "dispositions-and-acquisitions", "type": "clause", "offset": [648, 677]}, {"key": "partnership-properties", "type": "definition", "offset": [681, 703]}, {"key": "by-the-general-partner", "type": "clause", "offset": [727, 749]}], "samples": [{"hash": "gCZgQfn8OTn", "uri": "/contracts/gCZgQfn8OTn#carrying-value", "label": "Agreement of Limited Partnership (Equitrans Midstream Corp)", "score": 30.8425731659, "published": true}, {"hash": "flGhwcEVUKh", "uri": "/contracts/flGhwcEVUKh#carrying-value", "label": "Agreement of Limited Partnership (EQM Midstream Partners, LP)", "score": 30.270362854, "published": true}, {"hash": "ezMDY9lSRGk", "uri": "/contracts/ezMDY9lSRGk#carrying-value", "label": "Convertible Preferred Unit Purchase Agreement (EQM Midstream Partners, LP)", "score": 30.1991786957, "published": true}], "hash": "549b3bc0934d1e358b1c0d037b3d3a8f", "id": 6}, {"size": 88, "snippet": "means, with respect to any asset of the Partnership, the asset\u2019s adjusted net basis for federal income tax purposes or, in the case of any asset contributed to the Partnership, the fair market value of such asset at the time of contribution, reduced by any amounts attributable to the inclusion of liabilities in basis pursuant to Section 752 of the Code, except that the Carrying Values of all assets may, at the discretion of the General Partner, be adjusted to equal their respective fair market values (as determined by the General Partner), in accordance with the rules set forth in Regulations Section 1.704-1(b)(2)(iv)(f), as provided for in Section 4.5. In the case of any asset of the Partnership that has a Carrying Value that differs from its adjusted tax basis, the Carrying Value shall be adjusted by the amount of depreciation, depletion and amortization calculated for purposes of the definition of Profit and Loss rather than the amount of depreciation, depletion and amortization determined for federal income tax purposes.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "the-asset", "type": "clause", "offset": [53, 62]}, {"key": "net-basis", "type": "definition", "offset": [74, 83]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [88, 115]}, {"key": "in-the-case", "type": "clause", "offset": [120, 131]}, {"key": "to-the-partnership", "type": "clause", "offset": [157, 175]}, {"key": "the-fair-market-value", "type": "clause", "offset": [177, 198]}, {"key": "time-of-contribution", "type": "clause", "offset": [220, 240]}, {"key": "inclusion-of", "type": "clause", "offset": [285, 297]}, {"key": "pursuant-to-section", "type": "clause", "offset": [319, 338]}, {"key": "the-code", "type": "clause", "offset": [346, 354]}, {"key": "all-assets", "type": "definition", "offset": [391, 401]}, {"key": "fair-market-values", "type": "clause", "offset": [487, 505]}, {"key": "by-the-general-partner", "type": "clause", "offset": [521, 543]}, {"key": "in-accordance-with", "type": "clause", "offset": [546, 564]}, {"key": "the-rules", "type": "clause", "offset": [565, 574]}, {"key": "section-45", "type": "clause", "offset": [649, 660]}, {"key": "adjusted-tax-basis", "type": "clause", "offset": [754, 772]}, {"key": "definition-of-profit-and-loss", "type": "clause", "offset": [900, 929]}], "samples": [{"hash": "da64IfQWwwb", "uri": "/contracts/da64IfQWwwb#carrying-value", "label": "Limited Partnership Agreement (Blackstone Real Estate Income Trust, Inc.)", "score": 36.8412055969, "published": true}, {"hash": "hzQedpjG9Ff", "uri": "/contracts/hzQedpjG9Ff#carrying-value", "label": "Limited Partnership Agreement (Blue Owl Digital Infrastructure Trust)", "score": 36.7700195312, "published": true}, {"hash": "d44TYugdjcE", "uri": "/contracts/d44TYugdjcE#carrying-value", "label": "Limited Partnership Agreement (Cohen & Steers Income Opportunities REIT, Inc.)", "score": 36.7043113708, "published": true}], "hash": "defaef0909f2e759eaccb2cbca16f2e2", "id": 7}, {"size": 76, "snippet": "means (i) with respect to a Contributed Property or an Adjusted Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, amortization and cost recovery deductions charged to the Members\u2019 Capital Accounts in respect of such Contributed Property or Adjusted Property, and (ii) with respect to any other Company property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination. The Carrying Value of any property shall be adjusted from time to time in accordance with Section 5.8(d) and to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Company properties, as deemed appropriate by the Company.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [10, 25]}, {"key": "contributed-property", "type": "definition", "offset": [28, 48]}, {"key": "adjusted-property", "type": "definition", "offset": [55, 72]}, {"key": "agreed-value", "type": "definition", "offset": [78, 90]}, {"key": "recovery-deductions", "type": "definition", "offset": [180, 199]}, {"key": "to-the-members", "type": "clause", "offset": [208, 222]}, {"key": "capital-accounts", "type": "definition", "offset": [224, 240]}, {"key": "in-respect-of", "type": "definition", "offset": [241, 254]}, {"key": "other-company-property", "type": "clause", "offset": [332, 354]}, {"key": "basis-of", "type": "clause", "offset": [369, 377]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [396, 423]}, {"key": "time-of-determination", "type": "definition", "offset": [439, 460]}, {"key": "from-time-to-time", "type": "clause", "offset": [515, 532]}, {"key": "in-accordance-with", "type": "clause", "offset": [533, 551]}, {"key": "adjustments-to", "type": "clause", "offset": [610, 624]}, {"key": "dispositions-and-acquisitions", "type": "clause", "offset": [648, 677]}, {"key": "company-properties", "type": "definition", "offset": [681, 699]}, {"key": "by-the-company", "type": "clause", "offset": [723, 737]}], "samples": [{"hash": "10ioWI9DSa5", "uri": "/contracts/10ioWI9DSa5#carrying-value", "label": "Limited Liability Company Agreement (Paulsboro Natural Gas Pipeline Co LLC)", "score": 29.1943874359, "published": true}, {"hash": "4Qg4WTGyL1o", "uri": "/contracts/4Qg4WTGyL1o#carrying-value", "label": "Operating Agreement (Sunoco LP)", "score": 26.2484607697, "published": true}, {"hash": "1cgnCBOHanw", "uri": "/contracts/1cgnCBOHanw#carrying-value", "label": "Operating Agreement (Energy Transfer Partners, L.P.)", "score": 26.245721817, "published": true}], "hash": "f8063fca242dbdf052b61044874bc4aa", "id": 8}, {"size": 59, "snippet": "means, with respect to any Company asset, the asset\u2019s adjusted basis for U.S. federal income tax purposes, except that the initial carrying value of assets contributed to the Company shall be their respective gross fair market values on the date of contribution as determined by the Company, and the Carrying Values of all Company assets shall be adjusted to equal their respective fair market values, in accordance with the rules set forth in United States Treasury Regulation Section 1.704-1(b)(2)(iv)(f), except as otherwise provided herein, as of: (a) the date of the acquisition of any additional Unit by any new or existing Member in exchange for more than a de minimis Capital Contribution; (b) the date of the distribution of more than a de minimis amount of Company assets to a Member; (c) the date a Unit is relinquished to the Company; or (d) any other date specified in the United States Treasury Regulations; provided, however, that adjustments pursuant to clauses (a), (b), (c) and (d) above shall be made only if such adjustments are deemed necessary or appropriate by the Company to reflect the relative economic interests of the Members. In the case of any asset that has a Carrying Value that differs from its adjusted tax basis, Carrying Value shall be adjusted by the amount of depreciation calculated for purposes of the definition of \u201cNet Income (Loss)\u201d rather than the amount of depreciation determined for U.S. federal income tax purposes, and depreciation shall be calculated by reference to Carrying Value rather than tax basis once Carrying Value differs from tax basis.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "the-asset", "type": "clause", "offset": [42, 51]}, {"key": "adjusted-basis", "type": "clause", "offset": [54, 68]}, {"key": "for-us", "type": "clause", "offset": [69, 76]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [78, 105]}, {"key": "value-of-assets", "type": "clause", "offset": [140, 155]}, {"key": "the-company-shall", "type": "clause", "offset": [171, 188]}, {"key": "fair-market-values", "type": "clause", "offset": [215, 233]}, {"key": "date-of-contribution", "type": "definition", "offset": [241, 261]}, {"key": "by-the-company", "type": "clause", "offset": [276, 290]}, {"key": "company-assets", "type": "definition", "offset": [323, 337]}, {"key": "in-accordance-with", "type": "clause", "offset": [402, 420]}, {"key": "the-rules", "type": "clause", "offset": [421, 430]}, {"key": "in-united-states", "type": "clause", "offset": [441, 457]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [508, 536]}, {"key": "of-the-acquisition", "type": "clause", "offset": [565, 583]}, {"key": "additional-unit", "type": "definition", "offset": [591, 606]}, {"key": "existing-member", "type": "clause", "offset": [621, 636]}, {"key": "in-exchange", "type": "clause", "offset": [637, 648]}, {"key": "capital-contribution", "type": "definition", "offset": [676, 696]}, {"key": "distribution-of", "type": "clause", "offset": [718, 733]}, {"key": "de-minimis-amount", "type": "clause", "offset": [746, 763]}, {"key": "a-member", "type": "clause", "offset": [785, 793]}, {"key": "a-unit", "type": "clause", "offset": [808, 814]}, {"key": "united-states-treasury-regulations", "type": "definition", "offset": [886, 920]}, {"key": "pursuant-to-clauses", "type": "clause", "offset": [958, 977]}, {"key": "deemed-necessary", "type": "definition", "offset": [1049, 1065]}, {"key": "interests-of-the-members", "type": "clause", "offset": [1129, 1153]}, {"key": "in-the-case", "type": "clause", "offset": [1155, 1166]}, {"key": "adjusted-tax-basis", "type": "clause", "offset": [1228, 1246]}, {"key": "the-definition-of", "type": "definition", "offset": [1338, 1355]}, {"key": "net-income", "type": "definition", "offset": [1357, 1367]}, {"key": "reference-to", "type": "clause", "offset": [1504, 1516]}], "samples": [{"hash": "hEmDRk8hasu", "uri": "/contracts/hEmDRk8hasu#carrying-value", "label": "Operating Agreement", "score": 31.3408622742, "published": true}, {"hash": "zO8oL2MHox", "uri": "/contracts/zO8oL2MHox#carrying-value", "label": "Operating Agreement (Oaktree Capital Group, LLC)", "score": 29.5804252625, "published": true}, {"hash": "2dGQ8oybktg", "uri": "/contracts/2dGQ8oybktg#carrying-value", "label": "Operating Agreement (Oaktree Capital Group, LLC)", "score": 29.3723468781, "published": true}], "hash": "104515c2cbb5db26347e2344f049f2ee", "id": 9}, {"size": 56, "snippet": "means (i) with respect to a Contributed Property or Adjusted Property, the Gross Asset Value of such property reduced (but not below zero) by all Depreciation with respect to such property charged to the Partners' Capital Accounts and (ii) with respect to any other Partnership property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination. The Carrying Value of any property shall be adjusted from time to time in accordance with Exhibit B hereof, and to reflect changes, additions or other adjustments to the Carrying Value for improvements and dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [10, 25]}, {"key": "contributed-property", "type": "definition", "offset": [28, 48]}, {"key": "adjusted-property", "type": "definition", "offset": [52, 69]}, {"key": "gross-asset-value", "type": "definition", "offset": [75, 92]}, {"key": "the-partners", "type": "clause", "offset": [200, 212]}, {"key": "capital-accounts", "type": "definition", "offset": [214, 230]}, {"key": "partnership-property", "type": "definition", "offset": [266, 286]}, {"key": "basis-of", "type": "clause", "offset": [301, 309]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [328, 355]}, {"key": "time-of-determination", "type": "definition", "offset": [371, 392]}, {"key": "from-time-to-time", "type": "clause", "offset": [447, 464]}, {"key": "in-accordance-with", "type": "clause", "offset": [465, 483]}, {"key": "b-hereof", "type": "clause", "offset": [492, 500]}, {"key": "adjustments-to", "type": "clause", "offset": [545, 559]}, {"key": "dispositions-and-acquisitions", "type": "clause", "offset": [600, 629]}, {"key": "partnership-properties", "type": "definition", "offset": [633, 655]}, {"key": "by-the-general-partner", "type": "clause", "offset": [679, 701]}], "samples": [{"hash": "vcORxukz5V", "uri": "/contracts/vcORxukz5V#carrying-value", "label": "Limited Partnership Agreement (Crescent Real Estate Equities Co)", "score": 18.0, "published": true}, {"hash": "lqq6k0svwXC", "uri": "/contracts/lqq6k0svwXC#carrying-value", "label": "Limited Partnership Agreement (Crescent Real Estate Equities Co)", "score": 18.0, "published": true}, {"hash": "hXvnfUZND4e", "uri": "/contracts/hXvnfUZND4e#carrying-value", "label": "Limited Partnership Agreement (Crescent Real Estate Equities Co)", "score": 18.0, "published": true}], "hash": "71e8e4dd9a425cd96ad7bb322cb22bdb", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIXY2FycnlpbmctdmFsdWUjMDAwMDAwMGEMogECZW4YACAA", "definition": {"size": 2945, "snippet": "means (a) with respect to a Contributed Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, amortization and cost recovery deductions charged to the Partners\u2019 and Assignees\u2019 Capital Accounts in respect of such Contributed Property, and (b) with respect to any other Partnership property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination. The Carrying Value of any property shall be adjusted from time to time in accordance with Sections 5.5(d)(i) and 5.5(d)(ii) and to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.", "title": "Carrying Value", "id": "carrying-value", "examples": ["In the event that the <strong>Carrying Value</strong> of any Partnership asset is adjusted to equal its respective fair market value, subsequent allocations of Tax Items with respect to such asset shall take account of the variation, if any, between the adjusted basis of such asset and its <strong>Carrying Value</strong> in the same manner as under Code Section 704(c) and the applicable Regulations and using the method chosen by the General Partner."], "related": [["closing-value", "Closing Value", "Closing Value"], ["trading-value", "Trading Value", "Trading Value"], ["ending-value", "Ending Value", "Ending Value"], ["ri-closing-value", "RI Closing Value", "RI Closing Value"], ["heating-value", "Heating Value", "Heating Value"]], "related_snippets": [], "updated": "2026-05-10T05:39:37+00:00"}, "json": true, "cursor": ""}}