Revaluation Event means an event that results in adjustment of the Carrying Value of each Partnership property pursuant to Section 5.5(d).
Revaluation Event means each occurrence of any of the following with respect to any Collateral Obligation during the time such Collateral Obligation is Collateral:
Revaluation Event means, with respect to any Collateral Loan as of any date of determination, the occurrence of any one or more of the following events (any of which, for the avoidance of doubt, may occur more than once):
Examples of Revaluation Event in a sentence
Upon the occurrence of a Revaluation Event, for the purposes of the US Capital Accounts, the Directors may revalue all property of the Fund (whether tangible or intangible) for book purposes to reflect the Adjusted Fair Market Value of the Fund’s property immediately prior to the Revaluation Event.
More Definitions of Revaluation Event
Revaluation Event means an event that results in an adjustment of the Carrying Value of each Partnership property pursuant to Section 5.6(d).
Revaluation Event means (a) the acquisition of an additional interest in the Company by any new or existing Member in exchange for more than a de minimis contribution (other than the contributions contemplated in Section 6.01(a)) and (b) the liquidation of the Company or a distribution by the Company to a Member of more than a de minimis amount of Company property; provided, however, that the Managers may elect, in their sole discretion, to treat other events as Revaluation Events.
Revaluation Event has the meaning set forth in Section 4.05(b).
Revaluation Event means any of the following occurrences: (1) the contribution of money or other property (other than a de minimis amount) by a new or existing Partner to the capital of the Partnership as consideration for the issuance of an additional Unit or other interest in the Partnership; (2) the distribution of money or other property (other than a de minimis amount) by the Partnership to a retiring or continuing Partner as consideration for a Unit or other interest in the Partnership; or (3) the termination of the Partnership for Federal income tax purposes under section 708(b)(1)(B) of the Code; provided, however, under no circumstances shall the issuance of Units pursuant to Section 13.5 of the Agreement constitute a Revaluation Event; and provided further, that the occurrence of an event described in clause (1) or (2) above shall not constitute a Revaluation Event if the General Partner reasonably determines that it is not necessary to adjust the Book Bases of the Partnership’s assets or the Partners’ Capital Accounts in connection with the occurrence of any such event.
Revaluation Event. (1) a Contribution (other than a de minimis amount), (2) a Liquidating Distribution (other than a de minimis amount), or (3) a Liquidation of the Company.
Revaluation Event means, except as otherwise agreed by the Board of Managers each of the following events: (i) the acquisition of an additional Interest in the Company by any new or existing Member in exchange for more than a de minimis Capital Contribution, (ii) the Distribution by the Company to a Member of more than a de minimis amount of money or other property as consideration for an Interest in the Company, (iii) the liquidation of the Company within the meaning of Treasury Regulations § 1.704-1(b)(2)(ii)(g) and (iv) the grant of an Interest as consideration for the provision of services to or for the benefit of the Company by an existing Member acting in a Member capacity or by a new Member acting in a Member capacity in anticipation of becoming a Member.
Revaluation Event means (i) a liquidation of the Company (within the meaning of Treas. Reg. Section 1.704-1(b) (2) (ii) (g); or (ii) a contribution of more than a de minimis amount of money or other property to the Company by a new or existing Member or a distribution of more than a de minimis amount of money or other property to a retiring or continuing Member where such contribution or distribution alters the Percentage Share of any Member. “Section 705(a) (2) (B) Expenditures” means non-deductible expenditures of the Company that are described in Section 705(a) (2) (B) of the Code, and organization and syndication expenditures and disallowed losses to the extent that such expenditures or losses are treated as expenditures described in Section 705(a) (2) (B) of the Code pursuant to Treas. Reg. Section 1.704-1(b) (2) (iv) (i).