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Common use of Allocation of Net Income Clause in Contracts

Allocation of Net Income. The Board of Governors shall determine from time to time the disposition of the Fund’s net income, having due regard to provision for reserves and contingencies.

Appears in 3 contracts

Sources: Agreement Establishing the African Development Fund, Agreement Establishing the African Development Fund, Agreement Establishing the African Development Fund

Related Clauses

  • Allocation of Net Income and Net Loss
  • Allocation of Net Profits and Net Losses
  • Allocations of Net Income and Net Loss
  • Allocations of Net Profits and Net Losses
  • Timing and Amount of Allocations of Net Income and Net Loss

Parent Clauses

  • Allocations
  • Miscellaneous
  • Counterparts
  • Allocation of Contributions
  • Organization and Management

Sub-Clauses

  • Principles for the Selection of Directors Representing Regional Members
  • Regional Members
  • Selection of Directors Pending Adoption of the Rules of Procedure
  • Non-Regional Members
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