Recourse Liabilities means the amount of liabilities owed by the Partnership (other than Nonrecourse Liabilities and liabilities to which Partner Nonrecourse Deductions are attributable in accordance with Section 1.704-(2)(i) of the Regulations).
Recourse Liabilities has the meaning set forth in Regulations Section 1.752-1(a)(1).
Recourse Liabilities means, as of the date of determination, the amount of indebtedness of the Partnership on that date other than Nonrecourse Liabilities and Partner Nonrecourse Debt.
Examples of Recourse Liabilities in a sentence
As used herein, the term "Guaranteed Obligations" means (i) the Recourse Liabilities, (ii) upon the occurrence of a Full Recourse Event, the full amount of the Indebtedness, (iii) the Wetlands Obligations and (iv) the Payment Obligation.
More Definitions of Recourse Liabilities
Recourse Liabilities means the amount of liabilities owed by the Company (other than Nonrecourse Liabilities and liabilities to which Member Nonrecourse Deductions are attributable in accordance with Section 1.704-(2)(i) of the Regulations).
Recourse Liabilities means all limited and full recourse indebtedness of Borrower under Paragraphs 8 and 9 of the Note (it being noted that, as set forth in Subparagraph 8(b) and Subparagraph 8(f) of each Note, Subparagraph 8(b) and Subparagraph 8(f) are subject to Section 4(b) of that certain Cash Management Agreement between Borrower and Lender of even date herewith). Capitalized terms used herein and not defined herein shall have the meaning ascribed to such terms in the Instrument.
Recourse Liabilities. The amount of liabilities owed by the Partnership (other than nonrecourse liabilities and liabilities to which Partner Nonrecourse Deductions are attributable in accordance with Treasury Regulations Section 1.704-2(i)).
Recourse Liabilities means any actual loss, damage, out-of-pocket cost or expense, liability, claim or other obligation incurred by the Class A Member (including reasonable outside attorneys’ fees and costs reasonably incurred) arising out of or in connection with the following:
Recourse Liabilities means Company liabilities with respect to which a Member or related person bears the economic risk of loss (as determined pursuant to Section 1.752-2 of the Regulations, except that for this purpose the DAI Contribution Obligation shall be disregarded).
Recourse Liabilities means any obligation, guaranty or indemnity by a Member under any loan to the Company or any Landlord.
Recourse Liabilities shall have the meaning set forth in Section 3.4.