Common use of Nonrecourse Debt Sharing Clause in Contracts

Nonrecourse Debt Sharing. For purposes of this Agreement, nonrecourse deductions, within the meaning of Regulation §1.704-2(b), shall be deemed to be allocated among the Partners Pro Rata. Solely for purposes of determining a Partner’s proportionate share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulation §1.752-3(a)(3), Partnership Profits are allocated to the Partners Pro Rata.

Nonrecourse Debt Sharing. For purposes of this Agreement, nonrecourse deductions, within the meaning of Regulation §1.704ss.1.704-2(b), shall be deemed to be allocated among the Partners Pro Rata. Solely for purposes of determining a Partner’s 's proportionate share of the “"excess nonrecourse liabilities” " of the Partnership within the meaning of Regulation §1.752ss.1.752-3(a)(3), Partnership Profits are allocated to the Partners Pro Rata.

Nonrecourse Debt Sharing. For purposes of this Agreement, nonrecourse ------------------------ deductions, within the meaning of Regulation §Section 1.704-2(b), shall be deemed to be allocated among the Partners Pro Rata. Solely for purposes of determining a Partner’s 's proportionate share of the “"excess nonrecourse liabilities” " of the Partnership within the meaning of Regulation §Section 1.752-3(a)(3), Partnership Profits are allocated to the Partners Pro Rata.

Nonrecourse Debt Sharing. For purposes of this Agreement, nonrecourse deductions, within the meaning of Regulation §1.704(S)1.704-2(b)2, shall be deemed to be allocated among the Partners Pro Rata. Solely for purposes of determining a Partner’s 's proportionate share of the “"excess nonrecourse liabilities” " of the Partnership within the meaning of Regulation §1.752-(S)1.752- 3(a)(3), Partnership Profits are allocated to the Partners Pro Rata.

Nonrecourse Debt Sharing. For purposes of this Agreement, nonrecourse deductions, within the meaning of Regulation §Section 1.704-2(b), shall be deemed to be allocated among the Partners Pro Rata. Solely for purposes of determining a Partner’s 's proportionate share of the “"excess nonrecourse liabilities” " of the Partnership within the meaning of Regulation §Section 1.752-3(a)(3), Partnership Profits are allocated to the Partners Pro Rata.

Nonrecourse Debt Sharing. For purposes of this Agreement, nonrecourse deductions, within the meaning of Regulation §1.704(S)1.704-2(b), shall be deemed to be allocated among the Partners Pro Rata. Solely for purposes of determining a Partner’s 's proportionate share of the “"excess nonrecourse liabilities” " of the Partnership within the meaning of Regulation §1.752(S)1.752-3(a)(3), Partnership Profits are allocated to the Partners Pro Rata.

Nonrecourse Debt Sharing. For purposes of this Agreement, nonrecourse ------------------------ deductions, within the meaning of Regulation §1.704(S)1.704-2(b), shall be deemed to be allocated among the Partners Pro Rata. Solely for purposes of determining a Partner’s 's proportionate share of the “"excess nonrecourse liabilities” " of the Partnership within the meaning of Regulation §1.752(S)1.752-3(a)(3), Partnership Profits are allocated to the Partners Pro Rata.

Nonrecourse Debt Sharing. For purposes of this Agreement, nonrecourse deductions, within the meaning of Regulation §1.704'SS'1.704-2(b), shall be deemed to be allocated among the Partners Pro Rata. Solely for purposes of determining a Partner’s 's proportionate share of the “"excess nonrecourse liabilities” " of the Partnership within the meaning of Regulation §1.752'SS'1.752-3(a)(3), Partnership Profits are allocated to the Partners Pro Rata.

Nonrecourse Debt Sharing. For purposes of this Agreement, nonrecourse deductions, within the meaning of Regulation §Section 1.704-2(b), shall be deemed to be allocated among the Partners Pro Rata. Solely for purposes of determining a Partner’s 's proportionate share of the “"excess nonrecourse liabilities” " of the Partnership within the meaning of Regulation §Section 1.752-3(a)(3), Partnership Profits are allocated to the Partners Pro Rata.