Member Nonrecourse Deduction means “partner nonrecourse deduction” as defined in Treasury Regulations Section 1.704-2(i), substituting the term “Member” for the term “partner” as the context requires.

Member Nonrecourse Deduction has the meaning assigned to the term “partner nonrecourse deduction” in Treasury Regulation Section 1.704-2(i)(1).

Member Nonrecourse Deduction has the meaning set forth in Regulations Section 1.704-2(i)(2).

Examples of Member Nonrecourse Deduction in a sentence

Indeed, I respectfully submit that they are plainly unsatisfactory.It is also interesting to note that in the case of Ziegler,88 the Court of Justice had to consider a claim that it was improper for the Commission both to impose a penalty on a cartel and at the same time to claim damages for hav- ing had to pay too much to members of the cartel.
Any Member Nonrecourse Deduction will be allocated to the Member who bears the risk of loss with respect to the loan to which such Member Nonrecourse Deductions are attributable in accordance with Treasury Regulation § 1.704-2(i).
If more than one Member bears the economic risk of loss for a Member Nonrecourse Debt, any Member Nonrecourse Deduction attributable thereto shall be allocated to the Members in accordance with the ratios in which they share such risk of loss.
Any Member Nonrecourse Deduction for any taxable year or other period shall be specially allocated to the Member who bears the economic risk of loss with respect to the Member Nonrecourse Debt to which such Member Nonrecourse Deduction is attributable in accordance with Regulation Section 1.704-2(i)(1).
Any Member Nonrecourse Deductions for any Allocation Period or other period shall be specially allocated to the Member who bears the economic risk of loss with respect to the liability to which the Member Nonrecourse Deduction is attributable in accordance with Regulation Section 1.704‑2(i).

More Definitions of Member Nonrecourse Deduction

Member Nonrecourse Deduction means any item of Book loss or deduction that is a partner nonrecourse deduction within the meaning of Treas. Reg. § 1.704-2(i)(1) and (2).

Member Nonrecourse Deduction has the meaning ascribed to the term “partner nonrecourse deduction” in Treasury Regulations Section 1.704-2(i)(2). The amount of the Member Nonrecourse Deductions with respect to a Member Nonrecourse Debt for a Company fiscal year equals the net increase, if any, in the amount of Member Minimum Gain attributable to such Member Nonrecourse Debt during that fiscal year, reduced (but not below zero) by the aggregate amount of any distributions during that fiscal year to the Member that bears the economic risk of loss for such Member Nonrecourse Debt to the extent such distributions are from the proceeds of such Member Nonrecourse Debt and are allocable to an increase in Member Minimum Gain attributable to such Member Nonrecourse Debt.

Member Nonrecourse Deduction means "partner nonrecourse deduction" within the meaning of Regulation Section 1.704-2(i).

Member Nonrecourse Deduction has the same meaning as the phrase “Xxxxxxx nonrecourse deduction” as set forth in treasury regulation §1.704-2(i).

Member Nonrecourse Deduction has the meaning set forth in section 1.704-2(i)(2) of the Income Tax Regulations for the phrase "partner nonrecourse deduction."

Member Nonrecourse Deduction means any item of Company Loss, deduction, or expenditure that is attributable to a Member Nonrecourse Debt within the meaning of Regulations Section 1.704-2(i)(2) (pertaining to partnerships).

Member Nonrecourse Deduction means an item of loss, expense or deduction attributable to a nonrecourse liability of the Company for which a Member bears the economic risk of loss within the meaning of Treasury Regulations Section 1.704-2(i).