Common use of Deficit Capital Account and Nonrecourse Debt Rules Clause in Contracts

Deficit Capital Account and Nonrecourse Debt Rules. The special rules in this Section 4.3 apply in the following order to take into account the possibility of the Partners' having deficit Capital Account balances for which they are not economically responsible and the effect of the Partnership's incurring nonrecourse debt, directly or indirectly.

Deficit Capital Account and Nonrecourse Debt Rules. The special rules in this Section 4.3 apply in the following order to take into account the possibility of the Partners' ’ having deficit Capital Account balances for which they are not economically responsible and the effect of the Partnership's ’s incurring nonrecourse debt, directly or indirectly.

Deficit Capital Account and Nonrecourse Debt Rules. The special rules in this Section 4.3 apply 4.2(b)(i) apply, in the following order order, to take into account the possibility of the Partners' Members having deficit Capital Account balances for which they are not economically responsible and the effect of the Partnership's Company or any entity taxed as a partnership in which the Company has an ownership interest incurring nonrecourse debt, directly or indirectly.

Deficit Capital Account and Nonrecourse Debt Rules. The special rules -------------------------------------------------- in this Section 4.3 apply in the following order to take into account the ----------- possibility of the Partners' having deficit Capital Account balances for which they are not economically responsible and the effect of the Partnership's incurring nonrecourse debt, directly or indirectly.

Deficit Capital Account and Nonrecourse Debt Rules. The special rules in this Section 4.3 apply 2.5(a) apply, in the following order order, to take into account the possibility of the Partners' Members having deficit Capital Account balances for which they are not economically responsible and the effect of the Partnership's Company or any entity taxed as a partnership in which the Company has an ownership interest incurring nonrecourse debt, directly or indirectly.

Deficit Capital Account and Nonrecourse Debt Rules. The special rules in this Section 4.3 apply 3.8(a) apply, in the following order order, to take into account the possibility of the Partners' having that one or more Members will have a deficit Capital Account balances balance for which they are such Member is not economically responsible (or deemed responsible under the Treasury Regulations) and the effect of on the Partnership's Company or any entity taxed as a partnership in which the Company has an ownership interest incurring nonrecourse debt, directly or indirectly.

Deficit Capital Account and Nonrecourse Debt Rules. The special rules in this Section 4.3 apply 8.3A apply, in the following order (unless expressly stated otherwise), to take into account the possibility of the Partners' Members having deficit Capital Account balances for which they are not economically responsible and the effect of the Partnership's Company incurring nonrecourse debt, directly or indirectly.