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 Section 1.704-2(b)(3) of the Regulations.
Nonrecourse Liability means any Company liability (or portion thereof) for which no Member bears the economic risk of loss under Regulations Section 1.752-2.
Examples of Nonrecourse Liability in a sentence
No transfer of any Partnership Units may be made to a lender to the Partnership or any Person who is related (within the meaning of Regulations Section 1.752-4(b)) to any lender to the Partnership whose loan constitutes a Nonrecourse Liability, without the approval of the Board of Directors.
More Definitions of Nonrecourse Liability
Nonrecourse Liability has the meaning set forth in Treas. Reg. § 1.752-1(a)(2).
Nonrecourse Liability shall have the meaning set forth in Section 1.704-2(b)(3) of the Treasury Regulations.
Nonrecourse Liability means those liabilities defined as such 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 means any liability of the Company treated as a nonrecourse liability under Regulations Section 1.704-2(b)(3).
Nonrecourse Liability has the same meaning as the term “nonrecourse liability” under Regulations Section 1.704-2(b)(3).
Nonrecourse Liability. Has the meaning ascribed to such term in Treasury Regulations Section 1.721-2(f).