Common use of Allocation of Nonrecourse Liabilities Clause in Contracts

Allocation of Nonrecourse Liabilities. The "excess nonrecourse ------------------------------------- liabilities" of the Partnership (as defined in Regulations Section 1.752- 3(a)(3)) shall be allocated among the Partners in proportion to their respective interests in Common Partnership Units.

Appears in 4 contracts

Samples: Second Amended and Restated Agreement of Limited Partnership (Weeks Corp), Second Amended and Restated Agreement of Limited Partnership (Weeks Realty L P), Second Amended and Restated Agreement of Limited Partnership (Weeks Corp)

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Allocation of Nonrecourse Liabilities. The "β€œexcess nonrecourse ------------------------------------- liabilities" ” of the Partnership (as defined in Regulations within the meaning of Section 1.752- 1.752-3(a)(3)) of the Regulations) shall be allocated among to the Partners in proportion to accordance with their respective interests in Common Partnership UnitsPercentage.

Appears in 1 contract

Samples: Limited Partnership Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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