Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.
Appears in 25 contracts
Samples: Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Merger Agreement (ZAIS Financial Corp.), Termination Agreement (ZAIS Financial Corp.)
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)3(a)(2) of the Partnership that are secured by multiple Multiple Properties under any reasonable method chosen by the Managing General Partner in accordance with and approved under Regulations Section 1.752-3(a)(3) and (b3(a)(5). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under within the meaning of Regulations Section 1.752-3(a)(3) as ); profits shall be allocated using a method chosen by the Managing General PartnerPartner and approved under such Regulations Section 1.752-3(a)(3).
Appears in 6 contracts
Samples: Contribution Agreement (Welsh Property Trust, Inc.), Contribution Agreement (Welsh Property Trust, Inc.), Agreement (Welsh Property Trust, Inc.)
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(33(a)(2) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.
Appears in 5 contracts
Samples: Management and Operations (Invesco Mortgage Capital Inc.), MFResidential Investments, Inc., Aspen REIT, Inc.
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b3(a)(3)(b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.
Appears in 4 contracts
Samples: Extra Space Storage Inc., Extra Space Storage Inc., Extra Space Storage Inc.
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “"nonrecourse liabilities” " (within the meaning of Regulations Section 1.752-1(a)(21.752‑1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(31.752‑3(a)(3) and (b). The Partnership shall allocate “"excess nonrecourse liabilities” " of the Partnership under any method approved under Regulations Section 1.752-3(a)(31.752‑3(a)(3) as chosen by the General Partner.
Appears in 3 contracts
Samples: First (Empire State Realty Trust, Inc.), First (Empire State Realty OP, L.P.), Ready Capital Corp
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Vinebrook Homes Trust, Inc.), Limited Partnership Agreement (Vinebrook Homes Trust, Inc.), Limited Partnership Agreement (Nexpoint Diversified Real Estate Trust)
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “"nonrecourse liabilities” " (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section Sections 1.752-3(a)(3) and (b). The Partnership shall allocate “"excess nonrecourse liabilities” " of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.
Appears in 2 contracts
Samples: Feldman Mall Properties, Inc., Feldman Mall Properties, Inc.
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “All excess nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) liabilities of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner shall be allocated in accordance with such Partner’s “interests in Partnership profits” as defined in Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.
Appears in 2 contracts
Samples: Limited Partnership Agreement (SmartStop Self Storage REIT, Inc.), Limited Partnership Agreement (Rw Holdings NNN Reit, Inc.)
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “"nonrecourse liabilities” " (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “"excess nonrecourse liabilities” " of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.
Appears in 2 contracts
Samples: Retail Opportunity Investments Partnership, LP, Vintage Wine Trust Inc
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “"nonrecourse liabilities” " (within the meaning of Regulations Section 1.752-1(a)(21.752‑1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the REIT General Partner and the Fortis General Partner in accordance with Regulations Section 1.752-3(a)(31.752‑3(a)(3) and (b). The Partnership shall allocate “"excess nonrecourse liabilities” " of the Partnership under any a method approved under Regulations Section 1.752-3(a)(31.752‑3(a)(3) as chosen by the REIT General Partner and the Fortis General Partner.
Appears in 1 contract
Samples: Joinder Agreement (Etre Reit, LLC)
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section Sections 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.
Appears in 1 contract
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “"nonrecourse liabilities” " (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties Assets under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “"excess nonrecourse liabilities” " of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.
Appears in 1 contract
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “Any "excess nonrecourse liabilities” (" of the Partnership, within the meaning of Regulations Section 1.752-1(a)(23(a)(3)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by , shall be allocated to the General Partner and the Limited Partners in accordance with Regulations proportion to the respective number of Partnership Units held by each such Partner immediately following the Capital Contributions made pursuant to Section 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner4.1 hereof.
Appears in 1 contract
Samples: Agreement (Koger Equity Inc)
Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.Section
Appears in 1 contract
Samples: Extra Space Storage Inc.