Common use of Allocation of Excess Nonrecourse Liabilities Clause in Contracts

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)3(a)(2) of the Partnership that are secured by multiple Multiple Properties under any reasonable method chosen by the Managing General Partner in accordance with and approved under Regulations Section 1.752-3(a)(3) and (b3(a)(5). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under within the meaning of Regulations Section 1.752-3(a)(3) as ); profits shall be allocated using a method chosen by the Managing General PartnerPartner and approved under such Regulations Section 1.752-3(a)(3).

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(33(a)(2) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b3(a)(3)(b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “"nonrecourse liabilities” " (within the meaning of Regulations Section 1.752-1(a)(21.752‑1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(31.752‑3(a)(3) and (b). The Partnership shall allocate “"excess nonrecourse liabilities” " of the Partnership under any method approved under Regulations Section 1.752-3(a)(31.752‑3(a)(3) as chosen by the General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “All excess nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) liabilities of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner shall be allocated in accordance with such Partner’s “interests in Partnership profits” as defined in Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “"nonrecourse liabilities” " (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section Sections 1.752-3(a)(3) and (b). The Partnership shall allocate “"excess nonrecourse liabilities” " of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “"nonrecourse liabilities” " (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “"excess nonrecourse liabilities” " of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “Any "excess nonrecourse liabilities” (" of the Partnership, within the meaning of Regulations Section 1.752-1(a)(23(a)(3)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by , shall be allocated to the General Partner and the Limited Partners in accordance with Regulations proportion to the respective number of Partnership Units held by each such Partner immediately following the Capital Contributions made pursuant to Section 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner4.1 hereof.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “"nonrecourse liabilities” " (within the meaning of Regulations Section 1.752-1(a)(21.752‑1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the REIT General Partner and the Fortis General Partner in accordance with Regulations Section 1.752-3(a)(31.752‑3(a)(3) and (b). The Partnership shall allocate “"excess nonrecourse liabilities” " of the Partnership under any a method approved under Regulations Section 1.752-3(a)(31.752‑3(a)(3) as chosen by the REIT General Partner and the Fortis General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752Section 1. 752-3(a)(3) and (b3(a)(3)(b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “"nonrecourse liabilities” " (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties Assets under any reasonable method chosen by the General Partner in accordance with Regulations Section 1.752-3(a)(3) and (b). The Partnership shall allocate “"excess nonrecourse liabilities” " of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.

Allocation of Excess Nonrecourse Liabilities. The Partnership shall allocate “nonrecourse liabilities” (within the meaning of Regulations Section 1.752-1(a)(2)) of the Partnership that are secured by multiple Properties under any reasonable method chosen by the General Partner in accordance with Regulations Section Sections 1.752-3(a)(3) and (b). The Partnership shall allocate “excess nonrecourse liabilities” of the Partnership under any method approved under Regulations Section 1.752-3(a)(3) as chosen by the General Partner.