Common use of Partnership Nonrecourse Deductions Clause in Contracts

Partnership Nonrecourse Deductions. Partnership Nonrecourse Deductions for any Fiscal Period shall be allocated 99% to the Limited Partners and 1% to the General Partner.

Appears in 2 contracts

Samples: Limited Partnership Agreement (LEAF Equipment Finance Fund 4, L.P.), Limited Partnership Agreement (Lease Equity Appreciation Fund II, L.P.)

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Partnership Nonrecourse Deductions. Partnership Nonrecourse Deductions for any Fiscal Period shall be allocated 99100% to the Limited Partners and 1% to the General PartnerPartners.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Resource Real Estate Investors 7, L.P.), Limited Partnership Agreement (Resource Real Estate Investors 6 LP)

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Partnership Nonrecourse Deductions. Partnership Nonrecourse ---------------------------------- Deductions for any Fiscal Period shall be allocated 99% to the Limited Partners and 1% to the General Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Icon Holdings Corp)

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