Company Nonrecourse Liability definition

Company Nonrecourse Liability means any debt or obligation of the Company to the extent that no Member or Related Person bears the economic risk of loss (as defined in ss. 1.752-2 of the Regulations) with respect to the liability.

Company Nonrecourse Liability shall have the meaning assigned to the term "nonrecourse liability" in Treasury Regulations Section 1.704-2(b)(3) ** shall have the meaning set forth in Section 4.9(b). ** shall have the meaning set forth in Section 4.9(c).

Company Nonrecourse Liability shall have the meaning assigned to the term “nonrecourse liability” in Treasury Regulations Section 1.704-2(b)(3) ** shall have the meaning set forth in Section 4.9(b). ** shall have the meaning set forth in Section 4.9(c).

Examples of Company Nonrecourse Liability in a sentence

• An amount determined by first computing for each Company Nonrecourse Liability any gain the Company would realize if it disposed of the Company Property subject to that liability for no consideration other than full satisfaction of the liability, and then aggregating the separately computed gains.

• An amount determined by first computing for each Company Nonrecourse Liability any gain the Company would realize if it disposed of the Company’s property subject to that liability for no consideration other than full satisfaction of the liability, and then aggregating the separately computed gains.

• A Member is not subject to this Member Minimum Gain Chargeback, however, to the extent the net decrease in Member Minimum Gain arises because the liability ceases to be Member Nonrecourse Liability due to a conversion, refinancing, or other change in the debt instrument that causes it to become partially or wholly a Company Nonrecourse Liability.

• A Member’s share of the net decrease in Company Minimum Gain is determined in a manner consistent with the provisions of this Section 9.4.2. A Member is not subject to this Member Minimum Gain chargeback, however, to the extent the net decrease in Member Minimum Gain arises because the liability ceases to be Member Nonrecourse Liability due to a conversion, refinancing, or other change in the debt instrument that causes it to become partially or wholly a Company Nonrecourse Liability.

• Company Nonrecourse Liability any occupation the surgery would significant if it disposed of work Company Property problem to that liability for no consideration other world full satisfaction of the liability, and then aggregating the separately computed gains.

More Definitions of Company Nonrecourse Liability

Company Nonrecourse Liability shall have the meaning set forth in Treas. Reg. §§ 1.704-2(b) and 1.752-1(a)(2).

Company Nonrecourse Liability shall have the meaning set forth in Regulation Sections 1.704-2(b)(3) and 1.752-1(a)(2), which generally refer to liabilities of the Company for which no Member (or person related to a Member) bears the economic risk of loss.

Company Nonrecourse Liability shall have the same meaning as the meaning of “partnership nonrecourse liability” set forth in Treasury Regulations Section 1.704-2(b)(3).

Company Nonrecourse Liability shall have the meaning assigned to the term “nonrecourse liability” in Treasury Regulations Section 1.704 2(b)(3).

Company Nonrecourse Liability is defined in Section 5.7.

Company Nonrecourse Liability means liabilities of the Company (or portion thereof) for which no Member bears the economic risk of loss under Regulations Section 1.752-2.

Company Nonrecourse Liability shall have the meaning set forth in Treasury Regulation Sections 1.704-2(b)(3) and 1.752-1(a)(2).