Common use of Gross Asset Value Clause in Contracts

Gross Asset Value. The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:

Appears in 12 contracts

Sources: Operating Agreement (Lincolnway Energy, LLC), Operating Agreement (Lincolnway Energy, LLC), Operating Agreement (Lincolnway Energy, LLC)

Gross Asset Value. The term "Gross Asset Value" means” shall mean, with respect to any asset, the asset's ’s adjusted basis for federal income tax purposes, purposes except as follows:

Appears in 10 contracts

Sources: Limited Liability Company Agreement (Penske Automotive Group, Inc.), Agreement of Limited Partnership (Penske Automotive Group, Inc.), Limited Liability Company Agreement (Penske Automotive Group, Inc.)

Gross Asset Value. The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:

Appears in 9 contracts

Sources: Operating Agreement, Operating Agreement (Wynn Resorts LTD), Limited Partnership Agreement (Standard Parking Ii LLC)

Gross Asset Value. The term "Gross Asset Value" means” shall mean, with respect to any asset, the asset's ’s adjusted basis for federal income tax purposes, except as follows:

Appears in 3 contracts

Sources: Limited Partnership Agreement (Beverage Packaging Holdings (Luxembourg) IV S.a r.l.), Limited Partnership Agreement (Graham Packaging Co Inc.), Limited Partnership Agreement (Graham Packaging Co Inc.)

Gross Asset Value. The As used herein, the term "Gross Asset Value" means, with respect to any asset, the asset's adjusted tax basis for federal income tax purposes, except as follows:

Appears in 3 contracts

Sources: Operating Agreement (American Artists Entertainment Corp), Operating Agreement (American Artists Entertainment Corp), Operating Agreement (American Artists Entertainment Corp)

Gross Asset Value. The For purposes of determining and maintaining the Members’ capital accounts, the term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis of the asset for federal income tax purposes, except as follows:

Appears in 2 contracts

Sources: Securities Purchase Agreement (Servicesource International LLC), Limited Liability Company Agreement (Servicesource International LLC)

Gross Asset Value. The term "Gross Asset Value" means, with respect to any asset, the asset's ’s adjusted basis for federal income tax purposes, except as follows:

Appears in 1 contract

Sources: Operating Agreement

Gross Asset Value. The For purposes of determining and maintaining the Members’ Capital Accounts, the term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis of the asset for federal income tax purposes, except as follows:

Appears in 1 contract

Sources: Limited Liability Company Agreement (Jack Cooper Logistics, LLC)

Gross Asset Value. The term "Gross Asset Value" means, with respect to any asset, the asset's ’s adjusted basis for federal income tax purposes, except as follows:

Appears in 1 contract

Sources: Operating Agreement