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 Partnership Year shall be specially allocated to the Holder(s) 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 Section 1.704-2(i).
If there is a net decrease during a Taxable Year or other Fiscal Period in Partner Nonrecourse Debt Minimum Gain, Profits for such Taxable Year or other Fiscal Period (and, if necessary, for subsequent Taxable Years or other Fiscal Periods) shall be allocated to the Members in the amounts and of such character as determined according to Treasury Regulation Section 1.704-2(i)(4).
More Definitions of Partner Nonrecourse Debt
Partner Nonrecourse Debt shall have the meaning set forth in Section 1.704-2(b)(4) of the Treasury Regulations.
Partner Nonrecourse Debt shall have the meaning set forth in Treas. Reg. 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. 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 a liability as defined in Regulations Section 1.704-2(b)(4).
Partner Nonrecourse Debt means any Partnership nonrecourse liability for which any Partner bears the economic risk of loss within the meaning of Treas. Reg. Section 1.704-2(b)(4).
Partner Nonrecourse Debt shall have the meaning set forth in Section 6.1(d)(2) hereof.