Excess Nonrecourse Liabilities. For the purpose of determining the Members’ shares of the Company’s Excess Nonrecourse Liabilities pursuant to Treas. Reg. §§1.752-3(a)(3) and 1.707-5(a)(2)(ii), and solely for such purpose, the Members’ interests in profits are hereby specified to be their respective Percentages.
Appears in 5 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement
Excess Nonrecourse Liabilities. For the purpose of determining ------------------------------ the Members’ ' shares of the Company’s 's Excess Nonrecourse Liabilities pursuant to Treas. Reg. §§(S)(S) 1.752-3(a)(3) and 1.707-5(a)(2)(ii), and solely for such purpose, the Members’ ' interests in profits are hereby specified to be their respective Overall Sharing Percentages.
Appears in 2 contracts
Sources: Members Agreement (Ebs Litigation LLC), Members Agreement (Ebs Pension LLC)
Excess Nonrecourse Liabilities. For the purpose of determining the Members’ shares of the Joint Venture Company’s Excess Nonrecourse Liabilities pursuant to Treas. Reg. §§§ 1.752-3(a)(3) and 1.707-5(a)(2)(ii), and solely for such purpose, the Members’ interests in profits are hereby specified to be their respective PercentagesSharing Interests.
Appears in 1 contract
Sources: Limited Liability Partnership Agreement (Micron Technology Inc)
Excess Nonrecourse Liabilities. For the purpose of determining the Members’ shares Percentage Interests of the Company’s Excess Nonrecourse Liabilities pursuant to Treas. Reg. §§1.752§ l.752-3(a)(3) and 1.707-5(a)(2)(ii), and solely for such purpose, the Members’ interests Interests in profits are hereby specified to be their respective PercentagesPercentage Interests.
Appears in 1 contract
Excess Nonrecourse Liabilities. For the purpose of determining the Members’ ' shares of the Company’s 's Excess Nonrecourse Liabilities pursuant to Treas. Reg. §§Section 1.752-3(a)(3) and 1.707-5(a)(2)(ii), and solely for such purpose, the Members’ ' interests in profits are hereby specified to be their respective PercentagesShares.
Appears in 1 contract
Sources: Limited Liability Company Operating Agreement (Allegheny Energy Inc)
Excess Nonrecourse Liabilities. For the purpose of determining the Members’ ' shares of the Company’s 's Excess Nonrecourse Liabilities pursuant to Treas. Reg. §§section 1.752-3(a)(3) ). 8 39 and 1.707-5(a)(2)(ii), and solely for such purpose, the Members’ ' interests in profits are hereby specified to be their respective Overall Sharing Percentages.
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