French translation: Rapport Minimal sur la Dette Sans Recours du Membre
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:
Member Nonrecourse Debt Minimum Gain
Rapport Minimal sur la Dette Sans Recours du Membre
English to French translations [PRO] Bus/Financial
English term or phrase:Member Nonrecourse Debt Minimum Gain
The context is an Operating Agreement for a LLC, and Member Nonrecourse Debt Minimum Gain means "an amount, with respect to each Member Nonrecourse Debt, equal to the Minimum Gain that would result if such Member Nonrecourse Debt were treated as a Nonrecourse Liability, determined in accordance with Treasury Regulations Section 1.704-2(i)(3)."
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