Non-Recourse Liabilities. The non-recourse liabilities of the Partnership, as defined in Regulations Section 1.752-1(a)(2) shall be allocated among the Members in accordance with Regulations Section 1.752-3(1)(1), (2) and (3).
Appears in 4 contracts
Samples: Operating Agreement (Carlyle Real Estate LTD Partnership Xiv /Il/), Operating Agreement (Carlyle Real Estate LTD Partnership Xv), Operating Agreement (Carlyle Real Estate LTD Partnership Xv)
