Common use of Allocation of Nonrecourse Liabilities Clause in Contracts

Allocation of Nonrecourse Liabilities. For purposes of determining each Partner’s share of Nonrecourse Liabilities, if any, of the Partnership in accordance with Treasury Regulations Section 1.752-3(a)(3), the Partners’ interest in Partnership profits shall be determined in the same manner as prescribed by Section 4.4.5.

Appears in 19 contracts

Samples: Agreement (Brookfield Renewable Partners L.P.), Limited Partnership Agreement (Brookfield Business Partners L.P.), Limited Partnership Agreement

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Allocation of Nonrecourse Liabilities. For purposes of determining each Partner’s share of Nonrecourse Liabilitiesnonrecourse liabilities, if any, of the Partnership in accordance with Treasury Regulations Regulation Section 1.752-3(a)(3), the Partners’ interest interests in Partnership profits Profits shall be determined in the same manner as prescribed by Section 4.4.57.3(e) hereof.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Bumble Bee Capital Corp.), Limited Partnership Agreement (Bumble Bee Capital Corp.), Limited Partnership Agreement (Bumble Bee Capital Corp.)

Allocation of Nonrecourse Liabilities. For purposes of determining each Partner’s share of Nonrecourse Liabilities, if any, of the Partnership in accordance with Treasury Regulations Section 1.752-3(a)(3), the Partners’ interest interests in Partnership profits shall be determined in the same manner as prescribed by Section 4.4.51.3(e) of this Exhibit.

Appears in 3 contracts

Samples: Asset Management Agreement (CatchMark Timber Trust, Inc.), Asset Management Agreement (CatchMark Timber Trust, Inc.), Asset Management Agreement (CatchMark Timber Trust, Inc.)

Allocation of Nonrecourse Liabilities. For purposes of determining each Partner’s share of Nonrecourse Liabilities, if any, of the Partnership in accordance with Treasury Regulations Section 1.752-3(a)(3), the Partners’ interest in Partnership profits shall be determined in the same manner as prescribed by Section 4.4.5.

Appears in 2 contracts

Samples: Agreement, Agreement

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Allocation of Nonrecourse Liabilities. For purposes of determining each Partner’s 's share of Nonrecourse Liabilities, if any, of the Partnership in accordance with Treasury Regulations Section 1.752-3(a)(3), the Partners’ interest ' interests in Partnership profits shall be determined in the same manner as prescribed by Section 4.4.5accordance with their Percentage Interests.

Appears in 1 contract

Samples: Lp Agreement (Weatherford International Inc /New/)

Allocation of Nonrecourse Liabilities. For purposes of determining each Partner’s share of Nonrecourse Liabilities, if any, of the Partnership in accordance with Treasury Regulations Section 1.752-3(a)(3), the Partners’ interest interests in Partnership profits shall be determined in the same manner as prescribed by Section 4.4.56.3(e) hereof.

Appears in 1 contract

Samples: Homer City Generation, L.P.

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