Share of Nonrecourse Liabilities. Solely for purposes of determining a Partner’s proportionate share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Treasury Regulation § 1.752-3(a)(3), each Partner’s interest in Partnership profits is equal to his respective Percentage Interest.
Appears in 2 contracts
Samples: Agreement (BuyDebtCo, LLC), Shareholders Agreement (Advanced BioEnergy, LLC)
Share of Nonrecourse Liabilities. Solely for purposes of determining a Partner’s 's proportionate share of the “"excess nonrecourse liabilities” " of the Partnership within the meaning of Treasury Regulation § 1.752-3(a)(3), each Partner’s 's interest in Partnership profits is equal to his such Partner’s respective Percentage Interest.
Appears in 1 contract
Samples: Limited Partnership Agreement (CorEnergy Infrastructure Trust, Inc.)
Share of Nonrecourse Liabilities. Solely for purposes of determining a Partner’s proportionate share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Treasury Regulation § 1.752-3(a)(33 (a)(3), each Partner’s interest in Partnership profits is equal to his respective Percentage Interest.
Appears in 1 contract
Samples: BuyDebtCo, LLC
Share of Nonrecourse Liabilities. Solely for purposes of determining a Partner’s proportionate share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Treasury Regulation § 1.752-3(a)(3), each Partner’s interest in Partnership profits is equal to his its respective Percentage Interest.
Appears in 1 contract
Samples: Limited Partnership Agreement (Innsuites Hospitality Trust)
