Common use of Partner Nonrecourse Deductions Clause in Contracts

Partner Nonrecourse Deductions. Nonrecourse Deductions attributable to otherwise nonrecourse debt with respect to which a Partner or a related person of a Partner described in Regulations Section 1.752-2(c) is the creditor or otherwise bears the "economic risk of loss" as defined in Regulations Section 1.752-2(b) shall be allocated to such Partner.

Partner Nonrecourse Deductions. Nonrecourse Deductions In accordance with Section 1.704-2(i)(1) of the Treasury Regulations, any item of Partnership loss or deduction which is attributable to otherwise nonrecourse debt with respect to Partner Nonrecourse Debt for which a Partner or a related person of a Partner described in Regulations Section 1.752-2(c) is the creditor or otherwise bears the "economic risk of loss" loss (such as defined in Regulations Section 1.752a non-2(brecourse loan made by a Partner to the Partnership or an otherwise non-recourse loan to the Partnership that has been guaranteed by a Partner) shall be allocated to such Partnerthat Partner to the extent of its economic risk of loss.

Partner Nonrecourse Deductions. Nonrecourse Deductions In accordance with Section 1.704-2(i)(1) of the Regulations, any item of Partnership loss or deduction which is attributable to otherwise nonrecourse debt with respect to Partner Nonrecourse Debt for which a Partner or a related person of a Partner described in Regulations Section 1.752-2(c) is the creditor or otherwise bears the "economic risk of loss" loss (such as defined in Regulations Section 1.752a non-2(brecourse loan made by a Partner to the Partnership or an otherwise non-recourse loan to the Partnership that has been guaranteed by a Partner) shall be allocated to such Partnerthat Partner to the extent of its economic risk of loss.

Partner Nonrecourse Deductions. Nonrecourse Deductions Notwithstanding subsection 5.4 ------------------------------ hereof, nonrecourse deductions attributable to otherwise nonrecourse debt with respect to which a Partner or a related person an Affiliate of a Partner described in Regulations Section 1.752-2(c4(b) is the creditor or otherwise bears the "economic risk of loss" as defined in Regulations Section 1.752-2(b) 2 shall be allocated to such Partner.

Partner Nonrecourse Deductions. Notwithstanding subsection 5.4 ------------------------------ hereof, Partner Nonrecourse Deductions attributable to otherwise nonrecourse debt with respect to which a Partner (or a related person within the meaning of a Partner described in Regulations Section 1.752-2(c4(b)) is the creditor or otherwise bears the "economic risk of loss" as defined in under Regulations Section 1.752-2(b2 ("Partner Nonrecourse Debt") shall be allocated to such Partner.

Partner Nonrecourse Deductions. Nonrecourse Deductions In accordance with Section 1.704-2(i)(1) of the Regulations, any item of Partnership loss or deduction which is attributable to otherwise nonrecourse debt with respect to Partner Nonrecourse Debt for which a Partner or a related person of a Partner described in Regulations Section 1.752-2(c) is the creditor or otherwise bears the "economic risk of loss" loss (such as defined in Regulations Section 1.752a non- recourse loan made by a Partner to the Partnership or an otherwise non-2(brecourse loan to the Partnership that has been guaranteed by a Partner) shall be allocated to such Partnerthat Partner to the extent of its economic risk of loss.

Partner Nonrecourse Deductions. Nonrecourse Deductions In accordance with Section 1.704- 2(i)(1) of the Regulations, any item of Partnership loss or deduction which is attributable to otherwise nonrecourse debt with respect to Partner Nonrecourse Debt for which a Partner or a related person of a Partner described in Regulations Section 1.752-2(c) is the creditor or otherwise bears the "economic risk of loss" loss (such as defined in Regulations Section 1.752a non-2(brecourse loan made by a Partner to the Partnership or an otherwise non-recourse loan to the Partnership that has been guaranteed by a Partner) shall be allocated to such Partnerthat Partner to the extent of its economic risk of loss.

Partner Nonrecourse Deductions. Nonrecourse Deductions attributable to otherwise nonrecourse non-recourse debt with respect to which a Partner or a related person of a Partner described in Regulations Section 1.752-2(c) is the creditor or otherwise bears the "economic risk of loss" as defined in Regulations Section 1.752-2(b) shall be allocated to such Partner.