Allocation of Nonrecourse Liabilities. The “excess nonrecourse liabilities” of the Company (within the meaning of Section 1.752-3(a)(3) of the Regulations) shall be shared by the Members in accordance with their respective Ownership Percentages.
Appears in 7 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Allocation of Nonrecourse Liabilities. The “excess nonrecourse liabilities” of the Company (within the meaning of Section 1.752-3(a)(3) of the Regulations) shall be shared by allocated to the Members in accordance with their respective Ownership PercentagesCompany Percentage.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Behringer Harvard Opportunity REIT I, Inc.), Limited Liability Company Agreement (Behringer Harvard Opportunity REIT I, Inc.), Limited Liability Company Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Allocation of Nonrecourse Liabilities. The “excess nonrecourse liabilities” of the Company (within the meaning of Section 1.752-3(a)(3) of the Regulations) shall be shared by the Members Owners in accordance with their respective Ownership Percentages.
Appears in 3 contracts
Samples: Operating Agreement (Safe & Green Development Corp), Operating Agreement (Safe & Green Development Corp), Operating Agreement (Sg Blocks, Inc.)
Allocation of Nonrecourse Liabilities. The “excess nonrecourse liabilities” of the Company (within the meaning of Section 1.752-3(a)(3) of the Regulations) shall be shared by allocated to the Members in accordance with their respective Ownership PercentagesPercentage Interests.
Appears in 1 contract
Samples: Operating Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Allocation of Nonrecourse Liabilities. The “"excess nonrecourse liabilities” " of the Company (within the meaning of Section 1.752-3(a)(3) of the Regulations) with respect to a particular Property shall be shared by the Members in accordance with their respective Ownership Percentages.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Orion Office REIT Inc.)
Allocation of Nonrecourse Liabilities. The “excess nonrecourse liabilities” of the Company (within the meaning of Section 1.752-3(a)(3) of the Regulations) shall be shared by allocated to the Members in accordance with their respective Ownership Percentages.Percentage Interests
Appears in 1 contract
Samples: Operating Agreement (Inland Western Retail Real Estate Trust Inc)
