Common use of Allocation of Nonrecourse Debt Clause in Contracts

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

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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: Carramerica Realty Corp, Sl Green Realty Corp, Vornado Realty Trust

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 Hospitality Properties Inc), Agreement (CNL Health Care Properties Inc), Agreement (CNL American Properties Fund 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 1.752-3(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

Samples: Agreement and Plan of Merger (Station Casinos Inc)

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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 1.7521.75-3(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 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

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 Partnership Percentage Interests.

Appears in 1 contract

Samples: Meristar Hotels & Resorts Inc

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