Common use of Nonrecourse Liabilities Clause in Contracts

Nonrecourse Liabilities. The Partners agree that excess Nonrecourse Liabilities of the Partnership (within the meaning of Section 1.752-3(a)(3) of the Regulations) will be allocated among the Partners for purposes of Section 752 of the Code in accordance with their respective Percentage Interests.

Appears in 6 contracts

Samples: Regency Centers Lp, Regency Centers Lp, Regency Centers Lp

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Nonrecourse Liabilities. The Partners agree that the Partnership's "excess Nonrecourse Liabilities of the Partnership (nonrecourse liabilities" within the meaning of Regulations Section 1.752-3(a)(3) of the Regulations) will shall be allocated among the Partners for purposes of Section 752 of the Code in accordance with their respective interests in Partnership profits which, solely for purposes of Regulations Section 1.752-3(a)(3), shall be deemed to be their Percentage Interests.

Appears in 3 contracts

Samples: Bradley Operating L P, Bradley Operating L P, Heritage Property Investment Trust Inc

Nonrecourse Liabilities. The Partners agree that excess Nonrecourse Liabilities of the Partnership (within the meaning of Section 1.752-3(a)(3) of the Regulations) will be allocated among the Partners partners for purposes of Section 752 of the Code in accordance with their respective Percentage Interests.

Appears in 2 contracts

Samples: Agreement (Regency Realty Corp), Regency Realty Corp

Nonrecourse Liabilities. The Partners agree that excess Nonrecourse Liabilities of the Partnership (within the meaning of Section 1.752-3(a)(3) of the Regulations) will be allocated among the Partners for purposes of Section 752 of the Code in accordance with their respective Percentage InterestsInterests in Common Units.

Appears in 1 contract

Samples: Reorganization Agreement (Mid America Apartment Communities Inc)

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Nonrecourse Liabilities. The Partners agree that the Partnership's "excess Nonrecourse Liabilities of the Partnership (nonrecourse liabilities" within the meaning of Regulations Section 1.752-3(a)(3) of the Regulations) will shall be allocated among the Partners for purposes of Section 752 of the Code in accordance with their respective interests in Partnership Profits which, solely for purposes of Regulations Section 1.752-3(a)(3), shall be deemed to be their Percentage Interests.

Appears in 1 contract

Samples: Inland Retail Real Estate Trust Inc

Nonrecourse Liabilities. The Partners agree that the Partnership's "excess Nonrecourse Liabilities of the Partnership (nonrecourse liabilities" within the meaning of Regulations Section 1.752-1.752- 3(a)(3) of the Regulations) will shall be allocated among the Partners for purposes of Section 752 of the Code in accordance with their respective Percentage Interests.interests in Partnership

Appears in 1 contract

Samples: Bradley Real Estate Inc

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