Disposition Loss definition

Disposition Loss means, for each Fiscal Year of the Trust, the Series’ aggregate recognized loss (including the portion thereof, if any, treated as ordinary loss) resulting from each disposition of Series assets during such Fiscal Year with respect to which gain or loss is recognized for federal income tax purposes, including, without limitation, any gain or loss required to be recognized by the Series for federal income tax purposes pursuant to Sections 988 or 1256 (or any successor provisions) of the Code.

Disposition Loss means, for each Fiscal Year of the Trust, the Trust’s aggregate recognized loss (including the portion thereof, if any, treated as ordinary loss) resulting from each disposition of Trust assets during such Fiscal Year with respect to which gain or loss is recognized for federal income tax purposes, including, without limitation, any gain or loss required to be recognized by the Trust for federal income tax purposes pursuant to Sections 988 or 1256 (or any successor provisions) of the Code.

Disposition Loss means, with respect to a Disposition of any Bond, or portion thereof, the excess, if any, of the Accreted Price of such Bond, or portion thereof, over the amount realized from such Disposition, as determined under applicable Code provisions.

Examples of Disposition Loss in a sentence

• Except as otherwise provided herein, such allocations of profit and loss shall be pro rata from Disposition Gain (or Disposition Loss) and Profits (or Losses).

• If an Interestholder (or permitted assignee thereof) is permitted to redeem any or all of his Interests as of a date other than a Redemption Date, such adjustments in the determination and allocation among the Interestholders of Disposition Gain, Disposition Loss, Profits, Losses and items of income or deduction for tax accounting purposes shall be made as are necessary or appropriate to reflect and give effect to the redemption.

• If a Unitholder (or permitted assignee thereof) is permitted to redeem any or all of his Units as of a date other than a Redemption Date, such adjustments in the determination and allocation among the Unitholders of Disposition Gain, Disposition Loss, Profits, Losses and items of income or deduction for tax accounting purposes shall be made as are necessary or appropriate to reflect and give effect to the redemption.

• If an Owner (or permitted assignee thereof) is permitted to redeem any or all of his Units as of a date other than a Redemption Date, such adjustments in the determination and allocation among the Owners of Disposition Gain, Disposition Loss, Profits, Losses and items of income or deduction for tax accounting purposes shall be made as are necessary or appropriate to reflect and give effect to the redemption.

• Notwithstanding Section 6.3(b), if the allocations in Section 6.3(b)(ii) and 6.3(b)(v) fail to allocate Disposition Gain or Disposition Loss sufficient to eliminate the relevant Gain Disparity or Loss Disparity, the Managing Owner shall first allocate Disposition Gain or Disposition Loss in later periods to eliminate such Gain Disparity or Loss Disparity.

• After giving effect to the special allocations set forth in Sections 8.4 and 8.5 (but before making any special allocations of Disposition Gain or Disposition Loss under Section 8.3), Net Profit for each Fiscal Year shall be allocated to the Members in accordance with their respective Percentage Interests.

• If an Interest Holder (or permitted assignee thereof) is permitted to redeem any or all of his Interests as of a date other than a Redemption Date, such adjustments in the determination and allocation among the Owners of Disposition Gain, Disposition Loss, Profits, Losses and items of income or deduction for tax accounting purposes shall be made as are necessary or appropriate to reflect and give effect to the redemption.

• If Profit, Gain on Disposition, Loss or Loss on Disposition allocable at any time consists of more than one kind of income, gain or loss in any instance (for example, ordinary income or loss, long-term gain or loss, short-term gain or loss, or Section 1231 gain or loss), then, subject to Section 5.3(d), the aggregate amount of Profit or Loss and Gain or Loss on Disposition allocated to each Partner shall, in each instance, include a pro rata portion of each of the constituent items so allocable.

• Applies to Claim Type 21 only, N/A on Claim Type 23.For either D&P with HUD Approval or D&P w/o HUD Approval, HERMIT will auto-curtail Claim Type 21 if “Foreclosure Notice Sent to HUD” step from the Disposition: Loss Mitigation – Pre Foreclosure timeline is not completed within 30 days of “Initiation of Foreclosure (First Legal Date)” from the Disposition: Loss Mitigation – Pre Foreclosure timeline.

• Contingent Prepayments on Disposition, Loss of Assets or Merger or Change of Control.

More Definitions of Disposition Loss

Disposition Loss means, in respect of each Series for each Fiscal Year of the Trust, such Series’ aggregate recognized loss (including the portion thereof, if any, treated as ordinary loss) resulting from each disposition of Series assets during such Fiscal Year with respect to which gain or loss is recognized for Federal income tax purposes, including, without limitation, any gain or loss required to be recognized by such Series for Federal income tax purposes pursuant to Sections 988 or 1256 (or any successor provisions) of the Code.

Disposition Loss means, with respect to each Fund, for each Fiscal Year, the Fund’s aggregate recognized loss (including the portion thereof, if any, treated as ordinary loss) resulting from each disposition of Fund assets during such Fiscal Year with respect to which gain or loss is recognized for Federal income tax purposes, including, without limitation, any gain or loss required to be recognized by the Fund for Federal income tax purposes pursuant to Sections 988 or 1256 (or any successor provisions) of the Code.

Disposition Loss means, with respect to the Disposition of a Portfolio Asset, the excess (if any) of (i) the U.S. federal income tax basis of the Class B Arrangement in such Portfolio Asset over (ii) the amount realized from such Disposition as determined under the Code.

Disposition Loss. ' means, with respect to a Disposition of any Bond, or portion thereof, the excess, if any, of the Accreted Price of such Bond, or portion thereof, over the amount realized from such Disposition, as determined under applicable Code provisions.

Disposition Loss means, in respect of each Fiscal Year of the Master Fund, the Master Fund’s aggregate recognized loss (including the portion thereof, if any, treated as ordinary loss) resulting from each disposition of Master Fund assets during such Fiscal Year with respect to which gain or loss is recognized by the Master Fund for U.S. federal income tax purposes, including, without limitation, any gain or loss required to be recognized for U.S. federal income tax purposes pursuant to Sections 988 or 1256 (or any successor provisions) of the Code.

Disposition Loss means, with respect to a Disposition of any Deposited Asset, or portion thereof, the excess, if any, of the Accreted Price of such Deposited Asset, or portion thereof, over the amount realized from such Disposition, as determined under applicable Code provisions.