Economic gain definition

Economic gain means increase in pecuniary value from sources other than lawful compensation as a public official.
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Economic gain means (i) any Sale Proceeds minus (ii) 113% (123% in the 21st and subsequent years of the Termination Fee Term) of the sum of (1) $10,022,000.00, which is Landlord's original cost basis of the Hotel and FF&E when Landlord acquired the Hotel (not including the cost of any FF&E Replacements, repairs, maintenance, building improvements, alterations, or replacements or other costs incurred after completion of the Hotel) involved in the condemnation, casualty, or sale, plus (2) the cos t of any structural repairs or replacements necessitated by previous condemnations or casualties in excess of insurance or condemnation proceeds received as a result of a casualty or condemnation occurring prior to any casualty or condemnation triggering Landlord's obligation hereunder to pay a Termination Fee.
Sample 1
Economic gain means (i) any Sale Proceeds minus (ii) 113% (123% in the 21st and subsequent years of the Termination Fee Term) of the sum of (1) Landlord's original cost basis of the Hotel and FF&E when Landlord acquired the Hotels (as shown on Exhibit F attached hereto and not including the cost of any FF&E Replacements, repairs, maintenance, building improvements, alterations, or replacements or other costs incurred after completion of each Hotel) involved in the condemnation, casualty, or sale, plus (2) the cost of any structural repairs or replacements necessitated by previous condemnations or casualties in excess of insurance or condemnation proceeds received as a result of a casualty or condemnation occurring prior to any casualty or condemnation triggering Landlord's obligation hereunder to pay a Termination Fee.
Sample 1

Examples of Economic gain in a sentence

  • Economic gain or loss is calculated as the difference between the present value of the old debt service requirements and the present value of the new debt service requirements less related upfront costs of issuance, bond call premiums and bond insurance premiums, discounted at the effective interest rate.

  • Economic gain is small as opposed to large economic impact upon the village.

  • Marginal (M): Economic gain is not enough by itself to justify the attack.

  • Economic gain is maximised when the middle-aged are given priority.

  • Space location and placement is at the discretion of MGSET.• Concessionaire is responsible for collection / reporting of sales tax and is required to file by list showing the City of Beaumont location for all sales at the event.

  • Economic gain on the other hand consists of the economic system of a country, the labor, capital and land resources, and the economic agents that socially participate in the production, exchange, distribution, and consumption of goods and services of that area.

  • Economic gain can be due to either reducing input cost of farm management or through increasing production by minimizing losses.

  • This will safeguard employment and encourage new job creation - Economic gain (Annual Report National Land Survey 2005, http://www.nzt.lt//failai/NLS-LT_2005Annual_report.pdf).Besides NLS, main actors are the Cadastral Agency and the Ministry of Environment.

  • Economic gain tends to prevail over sustainable water governance for the benefit of the public (Pahl-Wostl et al., 2008).

  • Economic gain is not [to] be pursued at all costs, and certainly not when it is contrary to the law.


More Definitions of Economic gain

Economic gain means 1) the economic benefits that a n offender realized by avoiding or delaying capital costs necessary to comply with the environmental statute, base d upon the estimated cost of capital to the offender; 2 ) the continuing expenses ( e.g., labor, energy, leases, operation and maintenance) the offender avoided o r delayed by noncompliance; and 3) other profits directly attributable to the offense conduct which is described i n the criminal charges.
Sample 1
Economic gain means increase in pecuniary value from sources
Sample 1

Related to Economic gain

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • Member Minimum Gain means an amount, with respect to each Member Nonrecourse Debt, equal to the Company Minimum Gain that would result if such Member Nonrecourse Debt were treated as a Nonrecourse Liability, determined in accordance with Regulations Section 1.704-2(i)(3).

  • Company Minimum Gain has the meaning given the term “partnership minimum gain” in Sections 1.704-2(b)(2) and 1.704-2(d) of the Regulations.

  • Gain means a gain of any property, whether temporary or permanent, and includes the keeping by a person of any property that he or she already has;

  • Economic Minimum means the lowest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch.