Common use of Member Nonrecourse Debt Deductions Clause in Contracts

Member Nonrecourse Debt Deductions. Member Nonrecourse Deductions with respect to Member Nonrecourse Debt shall be specially allocated among the Member or Members who bear the economic risk of loss with respect to such Member Nonrecourse Debt in the amounts and in the proportions required by Regulations Section 1.704-2(i)(1). The allocations referred to in this Subsection shall be interpreted and applied to satisfy the requirements of Regulations Section 1.704-2(i).

Member Nonrecourse Debt Deductions. Member Nonrecourse Deductions with respect attributable to any Member Nonrecourse Debt shall be specially allocated among to the Member or Members who bear bears the economic risk of loss with respect to the Member Nonrecourse Debt to which such Member Nonrecourse Debt Deductions are attributable in the amounts and in the proportions required by accordance with Regulations Section 1.704-2(i)(1). The allocations referred to term “Member Nonrecourse Debt” has the meaning set forth in this Subsection shall be interpreted and applied to satisfy the requirements of Regulations Section 1.704-2(i1(b)(4).

Member Nonrecourse Debt Deductions. Member Nonrecourse Deductions with respect to Member Nonrecourse Debt shall be specially allocated among the Member or Members who that bear the economic risk of loss with respect to such Member Nonrecourse Debt in the amounts and in the proportions required by Regulations Section 1.704-2(i)(1). The allocations referred to in this Subsection subsection shall be interpreted and applied to satisfy the requirements of Regulations Section 1.704-2(i).

Member Nonrecourse Debt Deductions. Member Nonrecourse Deductions with respect to Member Nonrecourse Debt shall be specially allocated among the Member or Members who bear the economic risk of loss with respect to such Member Nonrecourse Debt in the amounts and in the proportions required by Regulations Section 1.704-2(i)(11.704(2)(i)(1). The allocations referred to in this Subsection subsection shall be interpreted and applied to satisfy the requirements of Regulations Section 1.704-2(i).