Nonrecourse Debt. Any Partner nonrecourse deductions for a ---------------- taxable year shall be allocated to the Partner that made, or guaranteed, or is otherwise liable with respect to the loan to which such deductions are attributable, in accordance with Treas. Reg. Section 1.704-2(i) or any successor provision.
Appears in 3 contracts
Sources: Partnership Agreement (Jones International Networks LTD), Partnership Agreement (Jones International Networks LTD), Partnership Agreement (Mediaamerica Inc)