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: Prime Medical Services Inc /Tx/, 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: 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: Prime Medical Services Inc /Tx/