Partner Nonrecourse Debt definition

Partner Nonrecourse Debt has the meaning set forth in Treasury Regulation Section 1.704-2(b)(4).

Partner Nonrecourse Debt shall have the meaning set forth in Regulations Section 1.704-2(b)(4).

Partner Nonrecourse Debt means the same as the term “partner nonrecourse debt” set forth in Regulations Section 1.704-2(b)(4).

Examples of Partner Nonrecourse Debt in a sentence

• Any Partner Nonrecourse Deductions for any Fiscal Year shall be specially allocated to the Partner who bears the economic risk of loss with respect to the Partner Nonrecourse Debt to which such Partner Nonrecourse Deductions are attributable in accordance with Treasury Regulations Sections 1.704-2(i)(1) and 1.704-2(j)(1).

• Any Partner Nonrecourse Deductions for any Fiscal Year shall be specially allocated to the Partner who bears the economic risk of loss with respect to the Partner Nonrecourse Debt to which such Partner Nonrecourse Deductions are attributable in accordance with Regulations Sections 1.704-2(b)(4) and 1.704-2(i).

• Any Partner Nonrecourse Deductions for any fiscal year shall be specially allocated to the Member who bears the economic risk of loss with respect to the Partner Nonrecourse Debt to which such Partner Nonrecourse Deductions are attributable in accordance with Section 1.704-2(i)(1) of the Treasury Regulations.

More Definitions of Partner Nonrecourse Debt

Partner Nonrecourse Debt shall have the meaning set forth in Treas. Reg. Section 1.704-2(b)(4).

Partner Nonrecourse Debt. Any nonrecourse debt of the Partnership for which a Partner bears the economic risk of loss, determined in accordance with Treasury Regulation Section 1.704-2(b)(4).

Partner Nonrecourse Debt means any Company liability to the extent such liability is nonrecourse for purposes of Section 1.1001-2 of the Treasury Regulations with respect to which a Member (or related person within the meaning of Section 1.752-4(b) of the Treasury Regulations) bears the economic risk of loss under Section 1.752-2 of the Treasury Regulations because, for example, the Member or related person is a creditor or guarantor with respect to such liability.

Partner Nonrecourse Debt means any nonrecourse debt (as defined in Treasury Regulations Section 1.704-2(b)(4)) of the Partnership for which any Partner bears the economic risk of loss, in accordance with Treasury Regulations Sections 1.704-2(b)(4) and 1.752-2.

Partner Nonrecourse Debt means a liability as defined in Regulations Section 1.704-2(b)(4).

Partner Nonrecourse Debt means any indebtedness that is, or is treated as, a nonrecourse debt of the Partnership for which any Partner bears (or is treated as bearing) the economic risk of loss, as determined pursuant to Treasury Regulation Sections 1.704-2(i)(1) and 1.752-2.

Partner Nonrecourse Debt has the meaning set forth in Regulations Sections 1.704-2(b)(4) and 1.704-2(i).