Common use of Allocation of Excess Nonrecourse Liabilities Clause in Contracts

Allocation of Excess Nonrecourse Liabilities. For the purpose of determining each Partner’s share of Partnership nonrecourse liabilities pursuant to Treasury Regulations Section 1.752-3(a)(3), and solely for such purpose, each Partner’s interest in Partnership profits is hereby specified to be equal to the ratio (stated as a percentage) of their respective Capital Contributions to the Partnership.

Allocation of Excess Nonrecourse Liabilities. For the purpose Solely for purposes of determining each a Partner’s proportionate share of the “excess nonrecourse liabilities” of the Partnership nonrecourse liabilities pursuant to within the meaning of Treasury Regulations Section 1.752-3(a)(3), and solely for such purpose, each Partner’s the Limited Partners’ interest in Partnership the Partnership’s profits is hereby specified to shall be equal to the ratio (stated as a percentage) of in accordance with their respective Capital Contributions to the PartnershipPercentage Interest.

Allocation of Excess Nonrecourse Liabilities. For the purpose of determining each Partner’s 's share of Partnership nonrecourse liabilities pursuant to Treasury Regulations Section 1.752-3(a)(33(a), and solely for such purpose, each Partner’s 's interest in Partnership profits is hereby specified to be equal to the ratio (stated as a percentage) of their respective Capital Contributions to the Partnershipsuch Partner's Percentage Interests.

Allocation of Excess Nonrecourse Liabilities. For the purpose of determining each Partner’s 's share of Partnership nonrecourse liabilities pursuant to Treasury Regulations Section 1.752-3(a)(33(a), and solely for such purpose, each Partner’s 's interest in Partnership profits is hereby specified to be equal to the ratio (stated as a percentage) of their respective Capital Contributions to the Partnershipsuch Partner's Percentage Interests.