Operating Gain definition

Operating Gain means, for any period, the amount, if any, by which Cash Receipts exceed Cash Expenditures.
View Source

Examples of Operating Gain in a sentence

  • If, for any Calendar Quarter, the Partnership experiences an Operating Gain and there are Deferred Contingent Payments outstanding, the Partnership shall, on or before the Quarterly Payment Date immediately following such Calendar Quarter, pay to the Seller the lesser of (i) the amount of such Operating Gain for the Calendar Quarter and (ii) the aggregate amount of unpaid Deferred Contingent Payments including accrued and unpaid interest.

  • The calculation of Operating Gain and Operating Loss shall be done at natural temperature.

Related to Operating Gain

  • Liquidating Gains means any net gain realized in connection with the actual or hypothetical sale of all or substantially all of the assets of the Partnership (including upon the occurrence of any Liquidating Event or Terminating Capital Transaction), including but not limited to net gain realized in connection with an adjustment to the Gross Asset Value of Partnership assets under the definition of Gross Asset Value in Section 1 of this Agreement.

  • Member Nonrecourse Debt 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).

  • Partnership Minimum Gain has the meaning set forth in Regulations Section 1.704-2(b)(2), and the amount of Partnership Minimum Gain, as well as any net increase or decrease in Partnership Minimum Gain, for a Partnership Year shall be determined in accordance with the rules of Regulations Section 1.704-2(d).

  • 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).

  • Partner Nonrecourse Debt Minimum Gain has the meaning set forth in Treasury Regulation Section 1.704-2(i)(2).