Credit for Amounts Paid Under Other Agreements. Party B and Party A are or may be parties to certain other agreements (collectively, the “Business Cooperation Agreements”), some or all of which may require certain payments to be made by Party A to Party B in consideration for services, equipment or other items of value provided by Party B to Party A. The Parties agree that any and all such amounts may be (a) separately paid by Party A to Party B and accordingly counted as expenses of Party A, reducing Party A’s Net Profit; or (b) included in the aggregate Net Profit of Party A and not separately paid to Party B.
Appears in 3 contracts
Samples: Management Services Agreement, Management Services Agreement (You on Demand Holdings, Inc.), Management and Consulting Services Agreement (China Unitech Group, Inc.)
Credit for Amounts Paid Under Other Agreements. Party B and Party A are or may be parties to certain other agreements (collectivelyagreements, such as the “Business Cooperation Agreements”)Technical Service Agreement, some or all of which may require certain payments to be made by Party A to affiliates and/or designee of Party B in consideration for services, equipment or other items of value provided by affiliates and/or designee of Party B to Party A. B. The Parties agree that any and all such amounts may be (a) separately paid by Party A to Party B and accordingly counted as expenses of Party A, reducing Party A’s Net Profit; or (b) included in the aggregate Net Profit of Party A and not separately paid to Party B.
Appears in 1 contract
Samples: Management Services Agreement (You on Demand Holdings, Inc.)
Credit for Amounts Paid Under Other Agreements. Party B and Party A are or may be parties to certain other agreements (collectively, the “Business Cooperation Agreements”), some or all of which may require certain payments to be made by Party A to Party B in consideration for services, equipment or other items of value provided by Party B to Party A. The Parties agree that any and all such amounts may be (a) separately paid by Party A to Party B and accordingly counted as expenses of Party A, reducing Party A’s Net Profit; or (b) included in the aggregate Net Profit of Party A and not separately paid to Party B.
Appears in 1 contract
Samples: Management and Consulting Services Agreement (Tianhe Union Holdings Ltd.)