Common use of Allocation of Nonrecourse Liabilities Clause in Contracts

Allocation of Nonrecourse Liabilities. The "excess nonrecourse liabilities" of the Partnership (within the meaning of Section 1.752-3(a)(3) of the Regulations) shall be allocated to the Partners in accordance with their respective Residual Percentages.

Appears in 6 contracts

Samples: Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Behringer Harvard Short Term Opportunity Fund I Lp, Behringer Harvard Short Term Opportunity Fund I Lp

AutoNDA by SimpleDocs

Allocation of Nonrecourse Liabilities. The "β€œexcess nonrecourse liabilities" ” of the Partnership (within the meaning of Section 1.752-3(a)(3) of the Regulations) shall be allocated to as prescribed by the Partners in accordance with their respective Residual PercentagesRegulations.

Appears in 1 contract

Samples: Limited Partnership Agreement (Carter Validus Mission Critical REIT, Inc.)

AutoNDA by SimpleDocs

Allocation of Nonrecourse Liabilities. The "excess nonrecourse liabilities" of the Partnership (within the meaning of Section 1.752-3(a)(3) of the Regulations) shall be allocated to the Partners in accordance with their respective Residual PercentagesClass A Limited Partnership Percentage or Class B Partnership Percentage (as the case may be).

Appears in 1 contract

Samples: Behringer Harvard Short Term Opportunity Fund I Lp

Time is Money Join Law Insider Premium to draft better contracts faster.