Sharing of Excess Nonrecourse Liabilities. Excess ----------------------------------------- nonrecourse liabilities, as defined in Regulations Section 1.752-3(a)(3), shall be shared by the Partners holding Common Partnership Interests in accordance with their respective Common Sharing Percentages.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Petro Stopping Centers L P), Limited Partnership Agreement (Petro Stopping Centers L P)
Sharing of Excess Nonrecourse Liabilities. Excess ----------------------------------------- nonrecourse liabilities, as defined in Regulations Section 1.752-3(a)(3), shall be shared by the Partners holding Common Partnership Interests in accordance with their respective Common Sharing Percentages.
Appears in 1 contract
Sharing of Excess Nonrecourse Liabilities. Excess ----------------------------------------- nonrecourse liabilities, as defined in Regulations Section 1.752-3(a)(3), shall be shared by the Partners holding Common Partnership Interests in accordance with their respective Common Sharing Percentages.
Appears in 1 contract
Sharing of Excess Nonrecourse Liabilities. Excess nonrecourse ----------------------------------------- nonrecourse liabilities, as defined in Regulations Section 1.752-3(a)(3), shall be shared by the Partners holding Common Partnership Interests in accordance with their respective Common Sharing Percentages.
Appears in 1 contract
Samples: Limited Partnership Agreement (Petro Holdings Financial Corp)
Sharing of Excess Nonrecourse Liabilities. Excess ----------------------------------------- nonrecourse liabilities, as defined in Regulations Section 1.752-3(a)(3), shall be shared by the Partners holding Common Partnership Interests in accordance with their respective Common Sharing Percentages.
Appears in 1 contract
Samples: Limited Partnership Agreement (Petro Stopping Centers L P)