Code Section 752 Specification. Pursuant to Regulations Section 1.752-3, the Partners' interest in Partnership profits for purposes of determining the Partners' shares of excess nonrecourse liabilities shall be their Percentage Interests.
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Samples: First Amended and Restated Agreement of Limited Partnership (Essex Portfolio Lp), Limited Partnership Agreement (Essex Portfolio Lp)
Code Section 752 Specification. Pursuant to Regulations Section ------------------------------ 1.752-3, the Partners' interest in Partnership profits for purposes of determining the Partners' shares of excess nonrecourse liabilities shall be their Percentage Interests.. EXHIBIT O DESCRIPTION OF PREFERENCES, OTHER RIGHTS, VOTING POWERS, RESTRICTIONS, LIMITATIONS AS TO DISTRIBUTIONS, QUALIFICATIONS AND TERMS AND CONDITIONS OF REDEMPTION OF THE SERIES C PREFERRED UNITS
Appears in 1 contract
Samples: Agreement of Limited Partnership (Essex Property Trust Inc)
Code Section 752 Specification. Pursuant to Regulations Section ------------------------------ 1.752-3, the Partners' interest in Partnership profits for purposes of determining the Partners' shares of excess nonrecourse liabilities shall be their Percentage Interests.
Appears in 1 contract
Samples: First Amended and Restated Agreement of Limited Partnership (Essex Portfolio Lp)
Code Section 752 Specification. Pursuant to Treasury Regulations Section 1.752-3, the Partners' interest β interests in Partnership profits for purposes of determining the Partners' β shares of any excess nonrecourse liabilities shall be their Percentage InterestsSharing Percentages.
Appears in 1 contract
