Depreciation and Amortization. The Book Value of a Company asset shall be adjusted for the depreciation and amortization of such asset taken into account in computing Net Profits and Net Losses and for Company expenditures and transactions that increase or decrease the asset's Federal income tax basis.
Appears in 3 contracts
Samples: Operating Agreement (Sokol David L), Limited Liability Company Agreement (Micro Investment LLC), Operating Agreement (General Felt Industries Inc)
Depreciation and Amortization. The Book Value of a Company asset property shall be adjusted for the depreciation and amortization of such asset property taken into account in computing Net Profits Profit and Net Losses Loss and for Company expenditures and transactions that increase or decrease the asset's Federal property’s federal income tax basis.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (American Casino & Entertainment Properties LLC), Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC), Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC)
Depreciation and Amortization. The Book Value of a Company asset the Company’s property shall be adjusted for the depreciation and amortization of such asset property taken into account in computing Net Profits Profit and Net Losses Loss and for Company expenditures and transactions that increase or decrease the asset's property’s U.S. Federal income tax basis.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Savage Sports Holdings, Inc.), Limited Liability Company Operating Agreement (Savage Sports Holdings, Inc.)
Depreciation and Amortization. The Book Value of a Company asset LLC property shall be adjusted for the depreciation and amortization of such asset property taken into account in computing Net Profits Income and Net Losses Loss and for Company LLC expenditures and transactions that increase or decrease the asset's Federal property’s federal income tax basis.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (BioFuel Energy Corp.), Limited Liability Company Agreement (BioFuel Energy Corp.)
Depreciation and Amortization. The Book Value of a Company asset shall be adjusted for the depreciation and amortization of such asset taken into account in computing Net Profits and Net Losses and for Company expenditures and transactions that increase or decrease the asset's Federal ’s federal income tax basis.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Depreciation and Amortization. The Book Value of a Company asset property shall be adjusted for the depreciation and amortization of such asset property taken into account in computing Net Profits Profit and Net Losses Loss and for Company expenditures and transactions that increase or decrease the assetproperty's Federal federal income tax basis.
Appears in 2 contracts
Samples: Operating Agreement (Ev3 Inc.), Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC)
Depreciation and Amortization. The Book Value of a Company asset shall be adjusted (i) for the depreciation and amortization of such asset taken into account in computing Net Profits and Net Losses and (ii) for Company expenditures and transactions that increase or decrease the asset's Federal federal income tax basis.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Valor Telecommunications Southwest LLC)
Depreciation and Amortization. The Book Value of a Company asset shall be adjusted for the depreciation and amortization of such asset taken into account in computing Net Profits and Net Losses and for Company expenditures and transactions that increase or decrease the asset's ’s Federal income tax basis.
Appears in 1 contract
Samples: Operating Agreement (Idt Corp)
Depreciation and Amortization. The Book Value Values of a Company asset the Company's Assets shall be adjusted for the as appropriate to reflect any depreciation and amortization of such asset taken into account in computing accordance with the principles for determining the Net Profits and the Net Losses and for Company expenditures and transactions that increase or decrease of the asset's Federal income tax basisCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Asbury Automotive Group Inc)
Depreciation and Amortization. The Book Value of a Company asset shall be adjusted (i) for the depreciation and amortization of such asset taken into account in SOUTHWEST computing Net Profits and Net Losses and (ii) for Company expenditures and transactions that increase or decrease the asset's Federal federal income tax basis.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Valor Telecommunications Southwest LLC)
