Gross Asset Value. The Gross Asset Value of any asset of the Company shall be equal to the asset’s adjusted basis for Federal income tax purposes, except as follows:
Appears in 4 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement
Gross Asset Value. The Gross Asset Value of With respect to any asset of Company asset, the Company shall be equal to the asset’s adjusted basis of that asset for Federal federal income tax purposes, except as follows:
Appears in 1 contract
Sources: Limited Liability Company Agreement (American Realty Capital Healthcare Trust Inc)