Excess Nonrecourse Liabilities. Solely for purposes of determining a Partner's proportionate share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Treas. Reg. § 1.752-3(a)(3), the Partners' interests in Partnership profits are as follows: Investor Partners, 80% (in proportion to their Units) and the Managing General Partner, 20%.
Appears in 6 contracts
Samples: Limited Partnership Agreement (PDC 2003-a Lp), Limited Partnership Agreement (PDC 2002 B LTD Partnership), Limited Partnership Agreement (PDC 2002 C LTD Partnership)
Excess Nonrecourse Liabilities. Solely for purposes of determining a Partner's proportionate share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Treas. Reg. § Section 1.752-3(a)(3), the Partners' interests in Partnership profits are as follows: Investor Partners, 80% (in proportion to their Units) and the Managing General Partner, 20%.
Appears in 4 contracts
Samples: Limited Partnership Agreement (PDC 2004-D Limited Partnership), Limited Partnership Agreement (PDC 2004-a Limited Partnership), Limited Partnership Agreement (PDC 2004-B Limited Partnership)
Excess Nonrecourse Liabilities. Solely for purposes of determining a Partner's proportionate share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Treas. Reg. § Section 1.752-3(a)(3), the Partners' interests in Partnership profits are as follows: Investor Partners, 8063% (in proportion to their Units) and the Managing General Partner, 2037%.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Rockies Region 2007 Lp), Limited Partnership Agreement (Rockies Region 2006 Private Limited Partnership), Limited Partnership Agreement (Rockies Region 2007 Lp)
Excess Nonrecourse Liabilities. Solely for purposes of determining a Partner's ’s proportionate share of the "“excess nonrecourse liabilities" ” of the Partnership within the meaning of Treas. Reg. § Section 1.752-3(a)(3), the Partners' ’ interests in Partnership profits are as follows: Investor the Partners, 8089% (in proportion to their Units) and the Managing General Partner, 2011%.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Reef Global Energy I Lp), Limited Partnership Agreement (Reef Global Energy Ii Lp)
Excess Nonrecourse Liabilities. Solely for purposes of determining a Partner's proportionate share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Treas. Reg. § Section 1.752-3(a)(3), the Partners' interests in Partnership profits are as follows: ; Investor Partners, 80% (in proportion to their Units) and the Managing General Partner, 20%.
Appears in 1 contract
Samples: Limited Partnership Agreement (PDC 2004-C Limited Partnership)
Excess Nonrecourse Liabilities. Solely for purposes For the purpose of determining a Partner's proportionate share the Partners' shares of the "excess nonrecourse liabilities" of the Partnership within the meaning of Partnership's Excess Nonrecourse Liabilities pursuant to Treas. Reg. § Sections 1.752-3(a)(33 (a)(3) and 1.707-5(a)(2)(ii), and solely for such purpose, the Partners' interests in Partnership partnership profits are as follows: Investor Partners, 80% (in proportion hereby specified to be their Units) and the Managing General Partner, 20%respective Shares.
Appears in 1 contract
Samples: Agreement (WTNH Broadcasting Inc)
Excess Nonrecourse Liabilities. Solely for purposes of determining a Partner's proportionate share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Treas. Reg. § Section 1.752-3(a)(3), the Partners' interests in Partnership profits are as follows: Investor Partners, 8070% (in proportion to their Units) and the Managing General Partner, 2030%.
Appears in 1 contract
Samples: Limited Partnership Agreement (Rockies Region Private LP)