Epstein File EFTA01354977: Asset (DS10)

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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01354977: Asset (DS10)

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This document contains partnership agreement language defining the carrying value of assets, including provisions for adjusted basis for federal income tax purposes and fair market value adjustments upon contribution to a partnership. It outlines technical accounting standards for asset valuation within a partnership structure related to Epstein's financial arrangements.

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🔑 Evidence Keywords

asset

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Excerpt 1

Carrying Value With respect to any **asset**, the asset's adjusted basis for federal income tax purposes; provided, however, that (i) the initial Carrying

Excerpt 2

Value of any **asset** contributed to the Partnership shall be adjusted to equal its gross fair market value at the time of its contribution, and (ii) the

Excerpt 3

The Carrying Value of any **asset** whose Carrying Value was adjusted pursuant to the preceding sentence thereafter shall be adjusted in accordance with the