Allocation of Nonrecourse Debt. For purposes of Regulations Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective Partnership Interests.
Appears in 26 contracts
Samples: Registration Rights Agreement (Agree Realty Corp), Crescent Real Estate Equities Co, Crescent Real Estate Equities Co
Allocation of Nonrecourse Debt. For purposes of Regulations Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective Partnership Percentage Interests.
Appears in 17 contracts
Samples: Sl Green Realty Corp, Vornado Realty Trust, Carramerica Realty Corp
Allocation of Nonrecourse Debt. For purposes of Regulations Regulation Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective Partnership Percentage Interests.
Appears in 11 contracts
Samples: LaSalle Hotel Properties, Assignment and Assumption Agreement (Equity Office Properties Trust), Assignment and Assumption Agreement (Equity Office Properties Trust)
Allocation of Nonrecourse Debt. For purposes of Regulations Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective Partnership Interestsany permissible method determined by the General Partner.
Appears in 7 contracts
Samples: Limited Partnership Agreement (Clipper Realty Inc.), www.sec.gov, Limited Partnership Agreement (Forest City Enterprises Inc)
Allocation of Nonrecourse Debt. For purposes of Regulations Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in In Gain shall be allocated among the Partners in accordance with their respective Partnership Percentage Interests.
Appears in 5 contracts
Samples: Agreement (CNL Health Care Properties Inc), Agreement (CNL American Properties Fund Inc), Agreement (CNL Hospitality Properties Inc)
Allocation of Nonrecourse Debt. For purposes of Regulations Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of the (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective Partnership Interestsany permissible method determined by the General Partner.
Appears in 3 contracts
Samples: CBL & Associates Limited Partnership, CBL & Associates Limited Partnership, Vornado Realty Trust
Allocation of Nonrecourse Debt. For purposes of Regulations Section ------------------------------ 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective Partnership Percentage Interests.
Appears in 2 contracts
Samples: Cavanaughs Hospitality Corp, Cavanaughs Hospitality Corp
Allocation of Nonrecourse Debt. For purposes of Regulations Regulation Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective Partnership Interestsany manner determined by the General Partner, in its sole and absolute discretion, to the extent permitted under Code Section 752 and the Regulations thereunder.
Appears in 2 contracts
Samples: Steadfast Apartment REIT, Inc., Steadfast Apartment REIT, Inc.
Allocation of Nonrecourse Debt. For purposes of Regulations Section 1.7521.75-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective Partnership Percentage Interests.
Appears in 1 contract
Samples: Hammons John Q Hotels Lp
Allocation of Nonrecourse Debt. For purposes of Regulations ------------------------------ Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective Partnership Percentage Interests.
Appears in 1 contract
Samples: Meristar Hotels & Resorts Inc
Allocation of Nonrecourse Debt. For purposes of Regulations Regulation Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in In-Gain shall be allocated among the Partners in accordance with their respective Partnership Percentage Interests.
Appears in 1 contract
Samples: Agreement (Monarch Properties Inc)
Allocation of Nonrecourse Debt. For purposes of Regulations Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners holders of Common Units in accordance with their respective Partnership Percentage Interests.
Appears in 1 contract
Samples: Agreement (First Union Real Estate Equity & Mortgage Investments)
Allocation of Nonrecourse Debt. For purposes of Regulations Section 1.752-3(a), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective then-existing Partnership Interests.
Appears in 1 contract
Allocation of Nonrecourse Debt. For purposes of Regulations Section 1.752-3(a), the The Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (i) the amount of Partnership Minimum Gain and (ii) the total amount relating thereto shall be allocated first, to each Partner with a share of Nonrecourse Built-in Gain shall be allocated Gain, up to the amount thereof, and then among the Partners in accordance with their respective Partnership Percentage Interests.
Appears in 1 contract
Samples: Newkirk Master Lp