Section 1250 Recapture definition

Section 1250 Recapture means any gain recognized by the Company (computed without regard to any adjustment required by Section 734 or 743 of the Code) upon the disposition of any property or asset of the Company, which gain is characterized as “unrecaptured Section 1250 gain” under Section 1(h) of the Code.
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Section 1250 Recapture means any gain recognized by the Partnership (computed without regard to any adjustment required by Code Section 734 or 743) upon the disposition of any property or asset of the Partnership, which gain is characterized as ordinary income under Code Section 1250.
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Examples of Section 1250 Recapture in a sentence

  • All Section 1245 Recapture and Section 1250 Recapture shall be allocated to the Members in accordance with the provisions of Treasury Regulations issued under Section 1245 and Section 1250 of the Code, respectively.

  • All Section 1245 Recapture and Section 1250 Recapture shall be allocated to the Members in accordance with the provisions of Treasury Regulations issued under Code Sections 1245 and 1250, respectively.

  • All Section 1245 Recapture and Section 1250 Recapture shall be allocated to the Partners and Assignees in accordance with the provisions of Treasury Regulations issued under Code Section 1245 and Code Section 1250, respectively.

Related to Section 1250 Recapture

  • Recapture means the withdrawal of CalCAP/ADA Contribution amounts on an annual basis when enrolled loans mature or after sixty (60) months from the date of enrollment, whichever occurs first. Recapture is not applicable for Contributions on charged off loans for which a claim has been approved.

  • Section 385 Expanded Group shall have the meaning set forth in Treasury Regulation Section 1.385-1(c)(4) for an “expanded group”.

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

  • Recapture Amount means, with respect to any Employment Violation by Grantee, the gross gain realized or unrealized by Grantee upon all vesting of Restricted Share Units or delivery or transfer of Vested Shares during the Look-back Period with respect to such Employment Violation, which gain shall be calculated as the sum of:

  • Section 102 means Section 102 of the Ordinance and any regulations, rules, orders or procedures promulgated thereunder as now in effect or as hereafter amended.