Nonrecourse Liability. The term “Nonrecourse Liability” shall mean a debt or liability of the Partnership to the extent that no Partner or related person bears the economic risk of loss for that liability within the meaning of Regulations sections 1.704-2(b)(3) and 1.752-2.
Appears in 2 contracts
Samples: Limited Partnership Agreement (RHP Partner, LLC), Limited Partnership Agreement (RHP Partner, LLC)
Nonrecourse Liability. The term “"Nonrecourse Liability” " shall mean a debt or liability of the Partnership to the extent that no Partner or related person bears the economic risk of loss for that liability within the meaning of Regulations sections 1.704-2(b)(3) and 1.752-2.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Gaylord Entertainment Co /De), Gaylord Entertainment Co /De
Nonrecourse Liability. The term “"Nonrecourse Liability” " shall mean a debt or liability of the Partnership to the extent that no Partner or related person bears the economic risk of loss for that liability within the meaning of Regulations sections 1.704-2(b)(3) and section 1.752-2.
Appears in 1 contract
Samples: Partnership Agreement (Gaylord Entertainment Co /De)
