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

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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: Limited Partnership Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)

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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.)

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