Calculation of Profit Clause Samples

Calculation of Profit. All calculations of Profit and Loss will be made using, and all defined and undefined terms will be construed in accordance with the principles set forth in Section 1 of this EXHIBIT B. Without limiting the foregoing, no cost item will be included more than once in calculating any Allowable Expenses or Profit. For the sake of example only, a sample demonstration of the Profit sharing calculations are set forth as SCHEDULE B-2 to this EXHIBIT B.
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Calculation of Profit. For the purposes of the calculation of the Payment Amount payable (in respect of the purchase price for the relevant FLPR Asset Quantity of the FLPR Assets) by the Buyer on a Payment Date in respect of a Calculation Period, the Profit in respect of such Payment Date and the Calculation Period ending on such Payment Date will be an amount calculated on a formula basis by the Calculation Agent for that Payment Date and Calculation Period as follows:
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Calculation of Profit. For the purposes of the calculation of the Payment Amount payable (in respect of the purchase price for the relevant FPR Asset Quantity of the FPR Assets) by the Buyer on a Payment Date in respect of a Calculation Period, the Profit in respect of such Payment Date and the Calculation Period ending on such Payment Date will be an amount calculated on a formula basis by the Calculation Agent for that Payment Date and Calculation Period as follows:
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Calculation of Profit. (1) The profit and loss of the controlled company shall be calculated in accordance with the provisions of commercial law, especially the provisions governing restrictions on distribution, and in compliance with the provisions applying to corporation tax in each case. (2) Here the provisions of sections 291ff. of the AktG, especially sections 300 no. 1 and 301 of the AktG, as amended, shall be observed.
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Related to Calculation of Profit

  • Allocation of Profits Profits for any Year shall be allocated in the following order and priority: (i) First, to any Partner who was allocated Losses after the Capital Account of any other Partner was reduced to zero (0), to the extent of such Losses; provided, however, that in the event that the foregoing applies to more than one Partner, to those Partners pro rata according to the amount of such Losses allocated to each; and (ii) Second, to the Partners in accordance with their relative Percentage Interests.

  • Allocation of Profit or Loss All Profit or Loss shall be allocated to the Member.

  • Definition of Profit and Loss “Profit” and “Loss” and any items of income, gain, expense, or loss referred to in this Agreement shall be determined in accordance with federal income tax accounting principles, as modified by Regulations Section 1.704-1(b)(2)(iv), except that Profit and Loss shall not include items of income, gain and expense that are specially allocated pursuant to Sections 5.1(b), 5.1(c) or 5.1(d). All allocations of income, Profit, gain, Loss and expense (and all items contained therein) for federal income tax purposes shall be identical to all allocations of such items set forth in this Section 5.1, except as otherwise required by Section 704(c) of the Code and Regulations Section 1.704-1(b)(4). The General Partner shall have the authority to elect the method to be used by the Partnership for allocating items of income, gain, and expense as required by Section 704(c) of the Code including a method that may result in a Partner receiving a disproportionately larger share of the Partnership tax depreciation deductions, and such election shall be binding on all Partners.

  • Allocation of Profit and Loss Section 5.01 of the Partnership Agreement is hereby deleted in its entirety and the following new Section 5.01 is inserted in its place:

  • Distribution of Profits Any and all net income accruing to the Joint Venture shall be distributed equally to the Parties.