Member Nonrecourse Liability. Any Company Liability to the extent the liability is nonrecourse under state law, and on which a Member or Related Person bears the economic risk of loss under ss. 1.752-2 of the Regulations because, for example, the Member or Related Person is the creditor or a guarantor.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC), Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC)
Member Nonrecourse Liability. Any Company Liability to the extent the liability is nonrecourse under state Nevada law, and on which a Member or Related Person bears the economic risk of loss under ss. 1.752-2 of the Regulations because, for example, the Member or Related Person is the creditor or a guarantor.
Appears in 1 contract
Member Nonrecourse Liability. Any Company Liability to the extent the liability is nonrecourse under state law, and on which a Member or Related Person bears the economic risk of loss under ss. Treasury Regulations Section 1.752-2 of the Regulations because, for example, the Member or Related Person person is the creditor or a guarantor.
Appears in 1 contract
Member Nonrecourse Liability. Any Company Liability to the extent the liability is nonrecourse under state law, and on which a Member or Related Person bears the economic risk of loss under ss. section 1.752-2 of the Regulations because, for example, the Member or Related Person is the creditor or a guarantor.
Appears in 1 contract
Samples: Operating Agreement (Fibermark Office Products LLC)
Member Nonrecourse Liability. Any Company Liability to the extent the liability is nonrecourse under state law, and on which a Member or Related Person bears the economic risk of loss under ss. 1.752Section 17.752-2 of the Regulations because, for example, the Member or Related Person is the creditor or a guarantor.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Advanta Business Services Corp)
Member Nonrecourse Liability. Any Company Liability to the extent the liability is nonrecourse under state law, and on which a Member or Related Person bears the economic risk of loss under ss. 1.752-2 Section 1.7522 of the Regulations because, for example, the Member or Related Person is the creditor or a guarantor.
Appears in 1 contract
Samples: Investors Real Estate Trust
Member Nonrecourse Liability. Any Company Liability to the extent the liability is nonrecourse under state applicable local law, and on as to which a Member or Related Person bears the economic risk of loss under ss. § 1.752-2 of the Regulations because, for example, the Member or Related Person is the creditor or a guarantor.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Member Nonrecourse Liability. Any Company Liability to the extent the liability is nonrecourse under state law, and on which a Member or Related Person bears the economic risk of loss under ss. Section 1.752-2 of the Regulations because, for example, the Member or Related Person is the creditor or of a guarantor.
Appears in 1 contract
Member Nonrecourse Liability. Any Company Liability to the extent the liability is nonrecourse under state law, and on which a Member or Related Person bears the economic risk of loss under ss. Section 1.752-2 of the Regulations because, for example, the Member or Related Person is the creditor or a guarantor.
Appears in 1 contract
Member Nonrecourse Liability. Any Company Liability to the extent the liability is nonrecourse under state law, and on which a Member or Related Person bears the economic risk of loss under ss. under§ 1.752-2 of the Regulations because, for example, the Member or Related Person is the creditor or a guarantor.
Appears in 1 contract
Samples: Operating Agreement