Depreciation Recapture. In the event there is any recapture of Depreciation, the allocation of gain or income attributable to such recapture shall be shared by the Members in the same proportion as the deduction for such Depreciation was shared.
Appears in 4 contracts
Sources: Limited Liability Company Agreement (Energy Conversion Devices Inc), Operating Agreement (Energy Conversion Devices Inc), Limited Liability Company Agreement (Energy Conversion Devices Inc)
Depreciation Recapture. In the event there is any recapture of DepreciationDepreciation or item of tax credit, the allocation of gain or income attributable to such recapture thereof shall be shared by made among the Members in the same proportion as the deduction for such Depreciation or item of tax credit was sharedallocated.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Wells Real Estate Investment Trust Inc), Limited Liability Company Agreement (Wells Real Estate Investment Trust Inc)
Depreciation Recapture. In the event If there is any recapture of DepreciationDepreciation or investment tax credit, the allocation of gain or income attributable to such recapture shall will be shared by the Members in the same proportion as the deduction for such Depreciation or investment tax credit was shared, to the extent possible.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Greenbrier Companies Inc), Limited Liability Company Agreement (Greenbrier Companies Inc)
Depreciation Recapture. In the event there is any recapture of Depreciation---------------------- Depreciation or investment tax credit, the allocation of gain or income attributable to such recapture shall be shared by the Members in the same proportion as the deduction for such Depreciation or investment tax credit was shared.
Appears in 2 contracts
Sources: Company Agreement (Fiber Glass Systems Lp), Company Agreement (Fiber Glass Systems Lp)
Depreciation Recapture. In the event there is any recapture ---------------------- of Depreciation, the allocation of gain or income attributable to such recapture shall be shared by the Members in the same proportion as the deduction for such Depreciation was shared.
Appears in 1 contract
Sources: Operating Agreement (Energy Conversion Devices Inc)
Depreciation Recapture. In the event there is any recapture of DepreciationDepreciation or investment tax credit, the allocation of gain or income attributable to such recapture shall be shared by the Members in the same proportion as the deduction for or such Depreciation or investment tax credit was shared.
Appears in 1 contract
Sources: Company Agreement
Depreciation Recapture. In the event there is any recapture of Depreciation---------------------- Depreciation or investment tax credit, the allocation of gain or income attributable to such recapture shall be shared by the Members Partners in the same proportion as the deduction for such Depreciation or investment tax credit was shared.
Appears in 1 contract
Sources: Limited Partnership Agreement (Fiber Glass Systems Lp)