Common use of Calculation of Profit Clause in Contracts

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.

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.