Gain definition

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;

Gain means the gain recognized by the Company for federal income tax purposes in any Adjustment Period by reason of a Capital Transaction.

Gain means the Fair Market Value of the Company’s Common Stock on the date of sale or other disposition, multiplied by the number of Shares sold or disposed of.

Examples of Gain in a sentence

• This Section 6.1(d)(i) is intended to comply with the Partnership Minimum Gain chargeback requirement in Treasury Regulation Section 1.704-2(f) and shall be interpreted consistently therewith.

• Notwithstanding any other provision of this Section 6.1, if there is a net decrease in Partnership Minimum Gain during any Partnership taxable period, each Partner shall be allocated items of Partnership income and gain for such period (and, if necessary, subsequent periods) in the manner and amounts provided in Treasury Regulation Sections 1.704-2(f)(6), 1.704-2(g)(2) and 1.704-2(j)(2)(i), or any successor provision.

• For purposes of Treasury Regulation Section 1.752-3(a)(3), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (A) the amount of Partnership Minimum Gain and (B) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their respective Percentage Interests.

• After giving effect to the special allocations set forth in Section 6.1(d), all items of income, gain, loss and deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder.

• For purposes of Treasury Regulation Section 1.752-3(a)(3), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (A) the amount of Partnership Minimum Gain and (B) the total amount of Nonrecourse Built-in Gain shall be allocated among the Partners Pro Rata.

More Definitions of Gain

Gain means a measure of the signal level increase in an amplifier usually expressed in dB.

Gain or "Loss" on "Disposition" shall mean the gain or loss (as the case may be) of the Partnership for federal income tax purposes, arising from a sale, exchange or other taxable disposition (including casualty or condemnation) of all or a portion of the Investment or other capital asset of the Partnership. Gain or loss resulting from any disposition of property for which there is a difference between Gross Asset Value and adjusted tax basis (as computed for tax as opposed to book purposes) shall be computed by reference to the Gross Asset Value (as reasonably Approved by the Partners) of the property disposed of (as adjusted for book purposes from time to time).

Gain means the direct realization of winnings; “profit” means any other realized or unrealized benefit, direct or indirect, including without limitation benefits from proprietorship, management or unequal advantage in a series of transactions.

Gain means any benefit, interest or property of any kind

Gain and “Loss” mean, for each Fiscal Year, an amount equal to the Partnership’s items of taxable gain or loss from the Disposition of partnership assets for the Fiscal Year, determined in accordance with Code Section 703(a)(1) and including items required to be separately stated, with the following adjustments:

Gain has the meaning set forth in Section 3.1.

Gain means a gain in money or other property, either temporary or permanent, and can include ‘keeping what one has’, as well as ‘getting what one does not have’.