Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Section 1.752-3(a)(3) shall be allocated to the Members in accordance with their respective Percentage Interests.
Appears in 17 contracts
Sources: Limited Liability Company Agreement (Clearway Energy, Inc.), Limited Liability Company Agreement (Clearway Energy LLC), Limited Liability Company Agreement (Clearway Energy, Inc.)
Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Section 1.752-3(a)(3) shall be allocated to among the Members in accordance the manner chosen by the Managing Member and consistent with their respective Percentage Interestssuch Section of the Treasury Regulations.
Appears in 15 contracts
Sources: Limited Liability Company Agreement (Global Brokerage Holdings, LLC), Restructuring Support Agreement (Global Brokerage, Inc.), Operating Agreement (Truett-Hurst, Inc.)
Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Regulation Section 1.752-3(a)(3) shall be allocated to among the Members in accordance a manner chosen by the Board of Directors and consistent with their respective Percentage Interestssuch Treasury Regulation.
Appears in 12 contracts
Sources: Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC), Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC), Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC)
Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Section 1.752-3(a)(3) shall be allocated to among the Members in accordance the manner chosen by the Managing Member and consistent with their respective Percentage Interestssuch section of the Regulations.
Appears in 7 contracts
Sources: Limited Liability Company Agreement (BP Midstream Partners LP), Contribution, Assignment and Assumption Agreement (BP Midstream Partners LP), Limited Liability Company Agreement (Oasis Midstream Partners LP)
Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Section 1.752-3(a)(3) shall be allocated to among the Common Members in accordance the manner chosen by the Tax Matters Member and consistent with their respective Percentage Interestssuch section of the Regulations.
Appears in 4 contracts
Sources: Limited Liability Company Agreement (Oasis Midstream Partners LP), Limited Liability Company Agreement (Oasis Midstream Partners LP), Contribution and Simplification Agreement (Oasis Midstream Partners LP)
Nonrecourse Liabilities. Nonrecourse Liabilities Any “excess nonrecourse liabilities” of the Company described in Company, within the meaning of Treasury Regulations Section Regulation section 1.752-3(a)(3) ), shall be allocated to the Members in accordance with their respective Percentage Interestsany manner determined by the Partnership Representative and permissible under the Treasury Regulations.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Legence Corp.), Limited Liability Company Agreement (Legence Corp.), Limited Liability Company Agreement (Legence Corp.)
Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Section 1.752-3(a)(3) shall be allocated to among the Members in accordance the manner chosen by the Managing Member acting in Good Faith and consistent with their respective Percentage Interestssuch Section of the Treasury Regulations.
Appears in 2 contracts
Sources: Equity Purchase Agreement (Hicks Acquisition CO II, Inc.), Equity Purchase Agreement (Paperweight Development Corp)
Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Section 1.752-3(a)(3) shall be allocated to among the Members in accordance the manner chosen by the Tax Matters Member and consistent with their respective Percentage Interestssuch section of the Regulations.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Oasis Midstream Partners LP), Limited Liability Company Agreement (Oasis Midstream Partners LP)
Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Regulation Section 1.752-3(a)(3) shall be allocated to among the Members Shareholders in accordance a manner chosen by the Board of Directors and consistent with their respective Percentage Interestssuch Treasury Regulation.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Global Indemnity Group, LLC), Limited Liability Company Agreement (Global Indemnity Group, LLC)
Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Section 1.752-3(a)(3) shall be allocated to among the Members in accordance the manner chosen by the Board of Managers acting in Good Faith and consistent with their respective Percentage Interestssuch Section of the Treasury Regulations.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (57th Street General Acquisition Corp), Limited Liability Company Agreement (57th Street General Acquisition Corp)
Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Regulation Section 1.752-3(a)(3) shall be allocated to among the Members in accordance a manner chosen by the Board and consistent with their respective Percentage Interestssuch Treasury Regulation.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Gyrodyne, LLC), Limited Liability Company Agreement (Gyrodyne Co of America Inc)
Nonrecourse Liabilities. Nonrecourse Liabilities of the Company described in Treasury Regulations Section 1.752-3(a)(3) shall be allocated to among the Members in accordance the manner chosen by the Managing Member and consistent with their respective Percentage Interestssuch section of the Treasury Regulations.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Oasis Petroleum Inc.)