Common use of Partner Nonrecourse Debt Minimum Gain Clause in Contracts

Partner Nonrecourse Debt Minimum Gain. In the event that there is a net decrease in Partner Nonrecourse Debt Minimum Gain for a taxable year of the Company, then after taking into account allocations pursuant to paragraph (a) 107

Appears in 1 contract

Sources: Limited Liability Company Agreement (CBL & Associates Properties Inc)

Partner Nonrecourse Debt Minimum Gain. In the event that there is a net decrease in Partner Nonrecourse Debt Minimum Gain for a taxable year of the CompanyPartnership, then after taking into account allocations pursuant to paragraph (a) 107immediately preceding, but before any other allocations are made for such taxable year, each Partner with a share of Partner

Appears in 1 contract

Sources: Agreement of Limited Partnership (WTNH Broadcasting Inc)