definiens: has the same meaning as the term under RegulationsSection 1.704 - 2(d ) means, for each Fiscal Year or other period, an amount equal to the depreciation, amortizationor other cost recovery deduction allowable with respect to an asset for such year or other period, except that if theGross Asset Value of an asset differs from its adjusted basis for federal income tax purposes at the beginning ofsuch year or other period, Depreciation shall be an amount that bears the same ratio to such beginning Gross AssetValue as the federal income tax depreciation, amortization or other cost recovery deduction for such year or otherperiod bears to such beginning adjusted tax basis ; provided, however, that if such depreciation, amortization or othercost recovery deductions with respect to any such asset for federal income tax purposes is zero for any Fiscal Year, Depreciation shall be determined with reference to the asset ’s Gross Asset Value at the beginning of such year usingany reasonable method selected by the Management Committee