Nonrecourse Liability definition

Nonrecourse Liability has the meaning set forth in Treasury Regulation Section 1.752-1(a)(2).

Nonrecourse Liability has the meaning set forth in Regulations Section 1.752-1(a)(2).

Nonrecourse Liability has the meaning set forth in Section 1.704-2(b)(3) of the Regulations.

Examples of Nonrecourse Liability in a sentence

• The amount of Nonrecourse Deductions for a Tax Year shall equal the excess, if any, of the net increase, if any, in the amount of Company Minimum Gain during that Tax Year over the aggregate amount of any distributions during Tax Year of proceeds of a Nonrecourse Liability that are allocable to an increase in Company Minimum Gain, determined in accordance with the provisions of Treasury Regulations Section 1.704-2(d).

More Definitions of Nonrecourse Liability

Nonrecourse Liability shall have the meaning set forth in Regulations Section 1.752-1(a)(2).

Nonrecourse Liability has the meaning set forth in Regulations Sections 1.704-2(b)(3) and 1.752-1(a)(2).

Nonrecourse Liability is defined in Treasury Regulations Section 1.704-2(b)(3).

Nonrecourse Liability shall have the meaning set forth in Section 1.704-2(b)(3) of the Treasury Regulations.

Nonrecourse Liability shall have the meaning given it in Treasury Regulations Section 1.704-2(b)(3).

Nonrecourse Liability has the meaning provided in Regulations Section 1.704-2(b)(3).

Nonrecourse Liability has the meaning given such term in Treasury Regulation Section 1.704-2(b)(3).