Nonrecourse Liability. Any Partnership liability (or portion thereof) for which no Partner bears the "economic risk of loss," within the meaning of Treasury Regulations Section 1.704-2(i).
Appears in 2 contracts
Samples: Prime Medical Services Inc /Tx/, Prime Medical Services Inc /Tx/
Nonrecourse Liability. Any Partnership liability (or portion thereof) for which no Partner bears the "economic risk of loss," within the meaning of Treasury Regulations Section 1.704-1.704- 2(i).
Appears in 1 contract
Samples: Prime Medical Services Inc /Tx/
Nonrecourse Liability. Any Partnership liability (or portion thereof) for which no Partner bears the "economic risk of loss," within the meaning of Treasury Regulations , determined in accordance with Section 1.704-2(i)2(b)(3) of the Regulations.
Appears in 1 contract
Samples: Home Properties of New York Inc