Common use of Allowable Profit Clause in Contracts

Allowable Profit. 8.5.1 The allowable profit on expenses shall be calculated using targeted operating ratio of ninety-three percent (93%), with a range of ninety-one percent (91%) to ninety-five percent (95%), applied to Franchisee's reasonable and necessary allowable costs incurred in the performance of its obligations under this Agreement.

Allowable Profit. 8.5.1 The When performing the services desired in this Agreement, the allowable profit on expenses shall be calculated using targeted target operating ratio ratios of ninety-three two percent (9392%), with a range ranges of ninety-one ninety percent (9190%) to ninety-five four percent (9594%), applied to Franchisee's ’s reasonable and necessary allowable costs costs, incurred in the performance of its obligations under this Agreement.