Distribution of Profit. Profit available for distribution in accordance with relevant PRC laws and regulations will be distributed to the Parties in proportion to their respective shareholding in the Joint Venture.
Distribution of Profit. LOSS AND CALCULATION BETWEEN PARTIES 5.1. The amount of profit / loss of the Investor for the reporting period is determined in proportion to the size of the investment. 5.2. The amount of remuneration of the COMPANY for the trust management of funds provided to the Investor during the reporting period should be determined as a percentage (%) of the amount of the investor’s monthly income in accordance with the Agreement and the Rules of the COMPANY. 5.3. If there is no profit at the end of the reporting period, the COMPANY’s remuneration for this reporting period is not paid, and the amount of the Investor’s First Investment for the last reporting period is equal to the amount of the opening balance of the next period. 5.4. If at the end of this Offer the amount of the Investor's assets is less than the amount of the initial balance of the last reporting period, the remuneration of the COMPANY for the last reporting period is not paid, and the loss agreed in clause 3.3. The offer is considered to be the financial risk of the Investor, and no additional requirements arise between the Parties. In this situation, the Parties are guided by clause 4.1.7. this Offer. 5.5. The Investor’s profit is paid within the period not later than the 5th working day following the reporting month, based on the Investor’s application, and it should be performed as follows: COMPANY transfers the amount specified in the application to details in the Investor EPS, specified in the "Settings" menu of the Investor's personal account. 6. RESPONSIBILITY 6.1. A COMPANY shall be released from liability if the failure to fulfill or improper fulfillment of its obligations was the result of force majeure circumstances, as well as in the case of the Investor’s voluntary refusal from the services of the COMPANY. 6.2. The Company is responsible for the security of the Investor’s funds, with the exception of risks, in the amount agreed in the Clause 3.3 of the Parties. Offer made by the COMPANY in the financial markets in the framework of trading activities. 4.2.7. Инвестор обязан регулярно отслеживать на сайте КОМПАНИИ возможные изменения и дополнения, вносимые КОМПАНИЕЙ в Соглашения и Правила. 4.2.8. Инвестор обязан предоставить достоверные данные о себе при регистрации на Сайте и заполнении заявок на вывод средств. За некорректные реквизиты, указанные Инвестором, КОМПАНИЯ ответственности не несет. Инвестор несет все расходы, связанные с некорректными реквизитами, предоставленными им для п...
Distribution of Profit. 5.1 The Shareholders have the right to participate from time to time (so long as they hold any Shares) in any distribution of profit, such as the right to receive dividends duly declared by the Company in accordance with the BVI Companies Act, provided that the Escrow Agent, as the holder of the legal title to the Shares owned by the Purchaser, is only entitled to receive a dividend or other distribution of any kind from the Company if and to the extent that a dividend or distribution is paid or made by Astelit to its shareholders (the “Astelit Dividend”). In these circumstances, the Escrow Agent as the holder of the legal title to the Shares owned by the Purchaser, will, to the extent lawful and possible (and provided at all times that the Company is able to satisfy the solvency test set out in section 56 of the BVI Act), be entitled to receive from the Company an amount equal to the Purchaser’s ultimate proportionate entitlement to the Astelit Dividend whether or not it is received by the Company.
Distribution of Profit. (1) Losses from previous years must be made up before any profits from the current year are distributed to the Parties. Profits retained by the Joint Venture Company in previous years may be distributed together with the profits of the current year.
Distribution of Profit. 6.1 The Term Deposit profits shall be credited to the Account Holder’s nominated account (Current / Savings) upon the approval ofAjman Bank. An Account Holder who has withdrawn his Term Deposit upon the expiry of its term and before the approval of thedistributable profits acknowledges that it will bear its share in the profits/losses that may appear later on.
Distribution of Profit. 1. Subject to resolution of the Council, profit may be distributed among members of the Bank only if its reserves become equal to at least fifteen (15) percent of its authorised capital. Profit may be distributed by resolution of the Council after approval of an annual report certified by an external auditor, and shall be allocated, inter alia, towards replenishment of reserves or other funds of the Bank.
Distribution of Profit. 10.1 The Share of the Parties in the Company's Profit The Parties shall participate in the Company's profit according to the ratio of the nominal value of Shares held by the respective Party and the nominal value of Shares held by both Parties.
Distribution of Profit. Upon approval of the annual report, the Bank’s profit shall be distributed by decision of the Council of the Bank and may be allocated for replenishment of the reserve capital or for other purposes.
Distribution of Profit. Any and all net income accruing to the Joint venture shall be distributed equally to the parties.
Distribution of Profit. Subject to the following, the JV Management Committee shall at regular intervals and in any event, as soon as possible after the Date of Construction Completion calculate and distribute to the parties undistributed profit derived by the Joint Venture which in the JV Management Committee’s opinion, shall not be required for the Joint Venture’s future working capital requirements. The parties agree that: prior to any such distribution to a party: that party shall have complied with any direction of the JV Management Committee pursuant to clause (c); any amounts due and payable by a party under clauses (a) to (c) shall be paid by that party; and that party shall have complied with clause ; and the distribution shall not include the Retained Amount. If the Retained Amount is not sufficient for these purposes, then the parties agree that further amounts as determined by the JV Management Committee shall be transferred to the Project Accounts in accordance with each parties’ Participating Interest. At the end of the Defects Liability Period, any portion of the Retained Amount not otherwise paid to Third Parties shall be distributed to the parties on the basis of their Participating Interest.
