Common use of Special Allocations of Nonrecourse Deductions Clause in Contracts

Special Allocations of Nonrecourse Deductions. Notwithstanding any provision of Section 6.2, Section 6.5(a) and Section 6.5(b), in compliance with Treasury Regulation § 1.704-2, allocations of Nonrecourse Deductions shall be made among the Partners in the same manner as Net Losses are allocated under Section 6.2.

Appears in 1 contract

Samples: Limited Partnership Agreement (NGAS Resources Inc)

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Special Allocations of Nonrecourse Deductions. Notwithstanding any provision of Section 6.2, Section 6.5(a) and Section 6.5(b)Unless otherwise determined by the General Partners, in compliance with applicable Treasury Regulations, including Treasury Regulation § Section 1.704-2, allocations of Nonrecourse Deductions shall be made among the Partners in accordance with the same manner as Net Losses are allocated under loss allocation provisions of Section 6.28.4 of the Agreement.

Appears in 1 contract

Samples: Partnership Agreement (84 Financial, L.P.)

Special Allocations of Nonrecourse Deductions. Notwithstanding any provision of Section 6.2, Section 6.5(a) and Section 6.5(b), in compliance with Treasury Regulation § 1.704-2, allocations of Nonrecourse Deductions shall be made among between the Partners in the same manner as Net Losses are allocated under Section 6.2.

Appears in 1 contract

Samples: Partnership Agreement (NGAS Resources Inc)

Special Allocations of Nonrecourse Deductions. Notwithstanding any provision of Section 6.2, Section 6.5(a) and Section 6.5(b), in In compliance with applicable Treasury Regulations, including Treasury Regulation § Section 1.704-2, allocations of Nonrecourse Deductions shall be made among the Partners Members in accordance with the same manner as Net Losses are allocated under Section 6.2Participating Percentages of the Members.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Campus Crest Communities, Inc.)

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Special Allocations of Nonrecourse Deductions. Notwithstanding any other provision of Section 6.2, Section 6.5(a) and Section 6.5(b)in this Agreement, in compliance with applicable Treasury Regulations, including Treasury Regulation § Section 1.704-2, allocations of Nonrecourse Deductions shall be made among the Partners in the same manner as Net Losses are allocated under Section 6.2accordance with their Percentage Interests.

Appears in 1 contract

Samples: Limited Partnership Agreement (Indigo-Energy, Inc.)

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