Nonrecourse Liability. Any Partnership liability (or portion thereof) for which no Partner bears the "economic risk of loss," within the meaning of Treasury Regulations Section 1.704-2(i).
Appears in 2 contracts
Samples: Confidential Private Placement Memorandum (Prime Medical Services Inc /Tx/), Confidentiality Agreement (Prime Medical Services Inc /Tx/)
Nonrecourse Liability. Any Partnership liability (or portion thereof) for which no Partner bears the "economic risk of loss," within the meaning of Treasury Regulations , determined in accordance with Section 1.704-2(i)2(b)(3) of the Regulations.
Appears in 1 contract
Samples: Limited Partnership Agreement (Home Properties of New York Inc)
Nonrecourse Liability. Any Partnership liability (or portion thereof) for which no Partner bears the "economic risk of loss," within the meaning of Treasury Regulations Section 1.704-1.704- 2(i).
Appears in 1 contract
Samples: Limited Partnership Agreement (Prime Medical Services Inc /Tx/)
