Member Nonrecourse Debt definition
Member Nonrecourse Debt has the meaning of “partner nonrecourse debt” set forth in Treasury Regulations Section 1.704-2(b)(4).
Member Nonrecourse Debt has the same meaning as the term “partner nonrecourse debt” in Section 1.704-2(b)(4) of the Regulations.
Member Nonrecourse Debt has the meaning set forth in Regulations Section 1.704-2(b)(4).
Examples of Member Nonrecourse Debt in a sentence
If more than one Member bears the economic risk of loss for such Member Nonrecourse Debt, the Member Nonrecourse Deductions attributable to such Member Nonrecourse Debt shall be allocated among the Members according to the ratio in which they bear the economic risk of loss.
More Definitions of Member Nonrecourse Debt
Member Nonrecourse Debt means “partner nonrecourse debt” as defined in Treasury Regulations Section 1.704-2(b)(4), substituting the term “Company” for the term “partnership” and the term “Member” for the term “partner” as the context requires.
Member Nonrecourse Debt means any nonrecourse debt of the Company for which any Member bears the economic risk of loss in accordance with applicable Treasury Regulations.
Member Nonrecourse Debt has the meaning given to the term “partner nonrecourse debt” in Treas. Reg. § 1.704-2(b)(4).
Member Nonrecourse Debt means a nonrecourse debt of the Company within the meaning of Section 1.704-2(b)(4) of the Treasury Regulations.
Member Nonrecourse Debt means any Company liability with respect to which one or more but not all of the Members or related Persons to one or more but not all of the Members bears the economic risk of loss within the meaning of Regulations Section 1.752-2 as a guarantor, lender or otherwise.
Member Nonrecourse Debt has the meaning set forth in Regulations Section 1.704-2(b) (4) for the phrase "partner nonrecourse debt."
Member Nonrecourse Debt means any liability of the Company that is a partner nonrecourse debt within the meaning of Treas. Reg. §1.704-2(b)(4).