Gain From Sale means any gain resulting from the sale or other disposition of the assets of the Company not in the ordinary course of the Company’s business.
Gain From Sale means any income or gain of the Partnership for federal income tax purposes resulting from a Capital Transaction; provided that if the Book Value of a Partnership asset differs from its adjusted tax basis, the income or gain, if any, resulting from a Capital Transaction with respect to such asset shall be computed with respect to its Book Value rather than its adjusted tax basis.
Gain From Sale means gain or loss, as the case may be, determined m accordance with the rules of determining Federal taxable income, gain or loss, arising from a transaction giving rise to Sale Proceeds.
Examples of Gain From Sale in a sentence
Within thirty (30) days of the issuance of this Order, Defendant shall 16 provide the Settlement Administrator with the Class Member Database, as specified 17 in the Settlement Agreement.
From a methodological point of view, both relative and absolute targets will be set in the context of an implicit or explicit assessment of output growth.
Section 121.—Exclusion of Gain from Sale of Principal Resi- dence.—Whether property qualifies as the taxpayer’s principal residence.
Other Operating Income and Expense (Account 7150 and 7160), Subaccounts 515A Gain from Sale of Land and Artworks, and 516A, Other Operating Gains and Losses.
Thus, to tease apart these two possibilities, we need to vary (ii) but keep (i) constant.
More Definitions of Gain From Sale
Gain From Sale means any income or gain of the Partnership for federal income tax purposes resulting from the sale of Company Stock or any other transaction the proceeds of which, in accordance with generally accepted accounting principles, are considered capital in nature, except that if the value of the Company Stock or other asset as carried on the books of the Partnership differs from its adjusted basis for federal income tax purposes at the time of such transaction, such income or gain will be calculated with reference to such value. In the event the value of any asset of the Partnership as carried on the books of the Partnership is adjusted (except in the case of an adjustment pursuant to section 734(b) or section 743(b) of the Code) to Fair Market Value, the amount of such adjustment shall be taken into account at the time of such adjustment as gain or loss from the disposition of such asset for purposes of computing Gains from Sale or Losses from Sale.
Gain From Sale means, in the event of a sale of all or substantially all of the Company's assets, an amount equal to the Company's taxable gain, as computed for federal income tax purposes, recognized pursuant to such sale.
Gain From Sale means any net income or gain of the Partnership for Federal income tax purposes resulting from a Capital Transaction other than "recapture income" realized by the Partnership pursuant to Section 1245 or Section 1250 of the Code in respect of cost recovery and depreciation deductions subject to allocation under Section 10a(v) hereof.
Gain From Sale set forth in Section 1 is amended and restated in its entirety as follows:
Gain From Sale and "Loss from Sale": For any Fiscal Year or other period, an amount equal to JetFleet II's gain or loss for such year or period from the sale, exchange, refinancing or other disposition of the Aircraft. Gross Income specially allocated to the General Partners pursuant to Sections 4.3(c) and (g) shall be excluded from the calculation of Gain and Loss from Sale.
Gain From Sale in Section 1 of the Agreement is hereby amended and restated as follows: 2
Gain From Sale means the gain recognized for Federal income tax purposes upon the sale or other taxable disposition of any asset of the Partnership.