Member Non-Recourse Deductions. Member non-recourse deductions shall be specially allocated to the Member who bears the economic risk of loss with respect to the Member non-recourse debt in accordance with Treasury Regulations Section 1.704-2.
Appears in 6 contracts
Samples: Operating Agreement (Pedevco Corp), Operating Agreement (Pedevco Corp), Amended and Restated Operating Agreement (Pedevco Corp)
Member Non-Recourse Deductions. Member nonnonrecourse deductions (as described in Section 1.704-recourse deductions 2(i) of the Treasury Regulations) for any Fiscal Year or other period shall be specially specifically allocated to the Member Members who bears bear the economic risk of loss with respect to the Member nonNon-recourse debt Debt to which such partner nonrecourse deductions are attributable in accordance with Treasury Regulations Section 1.704-22(i)(1) of the Treasury Regulations.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (RHI Entertainment, Inc.), Limited Liability Company Operating Agreement (RHI Entertainment, Inc.), Limited Liability Company Operating Agreement (RHI Entertainment, Inc.)
Member Non-Recourse Deductions. Any Member nonNon-recourse deductions Recourse Deductions for any Fiscal Year shall be specially allocated to the Member who bears the economic risk of loss with respect to the Member nonNon-recourse debt Recourse Debt to which such Member Non-Recourse Deductions are attributable in accordance with Treasury Regulations Section 1.704-22(i)(1).
Appears in 3 contracts
Samples: Operating Agreement (Excel Legacy Corp), Operating Agreement (Excel Legacy Corp), Operating Agreement (Excel Legacy Corp)
Member Non-Recourse Deductions. Any Member non-recourse deductions for any year shall be specially allocated to the Member who bears the economic risk of loss with respect to the Member non-recourse debt to which such Member non-recourse deductions are attributable in accordance with Treasury Regulations Section 1.704-22(i)(1) of the Treasury Regulations.
Appears in 1 contract
Samples: Operating Agreement (Torvec Inc)
Member Non-Recourse Deductions. Any Member nonNon-recourse deductions Deductions for any year shall be specially allocated to the Member who bears the economic risk of loss with respect to the Member non-recourse debt to which such Member Non-recourse Deductions are attributable in accordance with Treasury Regulations Section 1.704-22(i)(1) of the Treasury Regulations.
Appears in 1 contract
Member Non-Recourse Deductions. Member nonNon-recourse deductions Recourse Deductions shall be specially allocated to the Member Members who bears bear the economic risk of loss with respect to the Member nonNon-recourse debt Recourse Debt to which Member Non-Recourse Deductions are attributable in accordance with Treasury Regulations Regulation Section 1.704l.704-22(i)(1).
Appears in 1 contract
