Nonrecourse Liability has the meaning set forth in Regulations Section 1.752-1(a)(2).
Nonrecourse Liability has the meaning set forth in Treasury Regulation Section 1.752-1(a)(2).
Nonrecourse Liability means any Company liability (or portion thereof) for which no Member bears the economic risk of loss under Regulations Section 1.752-2.
Examples of Nonrecourse Liability in a sentence
The amount of Nonrecourse Deductions for a Fiscal Year or other taxable period shall equal the excess, if any, of the net increase, if any, in the amount of Company Minimum Gain during that Fiscal Year or other taxable period over the aggregate amount of any distributions during that Fiscal Year or other taxable period of proceeds of a Nonrecourse Liability that are allocable to an increase in Company Minimum Gain, determined in accordance with the provisions of Treasury Regulations Section 1.704-2(d).
More Definitions of Nonrecourse Liability
Nonrecourse Liability has the meaning set forth in Treas. Reg. § 1.752-1(a)(2).
Nonrecourse Liability shall have the meaning set forth in Section 1.704-2(b)(3) of the Treasury Regulations.
Nonrecourse Liability means those liabilities defined as such in Treasury Regulations Section 1.704-2(b)(3).
Nonrecourse Liability shall have the meaning set forth in Section --------------------- 1.704-2(b)(3) of the Treasury Regulations.
Nonrecourse Liability shall have the meaning set forth in Regulations Section 1.704-2(b)(3).
Nonrecourse Liability means any liability of the Company treated as a nonrecourse liability under Regulations Section 1.704-2(b)(3).
Nonrecourse Liability. Has the meaning ascribed to such term in Treasury Regulations Section 1.721-2(f).