Profit Calculations Sample Clauses

Profit Calculations. Participation of the invested amounts in the profit shall start from the beginning of the Gregorian month following the month in which the deposit is made, while the amounts deposited on the first day will participate as from the same day.
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Profit Calculations. Profit, Gross Profit, Net Sales, R & D Profit or Sub-License Receipts subject to payments in any country outside the United States shall be calculated on Profits, Gross Profits, R & D Profits or Sub License Receipts fees paid in such country as expressed in United States dollars in accordance with BIOCHEM's standard accounting procedure used for BIOCHEM's reporting of income to its stockholders and for other external reporting, which procedure shall comply with GAAP.
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Related to Profit Calculations

  • Financial Calculations (a) All financial calculations to be made under, or for the purposes of, this Agreement and any other Transaction Document shall be determined in accordance with the Accounting Principles and, except as otherwise required to conform to any provision of this Agreement, shall be calculated from the then most recently issued quarterly financial statements, prepared on a consolidated basis, which the Borrower is obligated to furnish to IFC under Section 6.03 (a) (Reporting Requirements).

  • Fiscal Year and Accounting Methods Borrower may not and may not permit any Company to change its fiscal year or its method of accounting (other than immaterial changes in methods or as required or permitted by GAAP).

  • Fiscal Year and Accounting Method The fiscal year of the Company shall be as designated by the Board of Directors. The Board of Directors shall also determine the accounting method to be used by the Company.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Currency Calculations All financial statements and Compliance Certificates shall be set forth in Dollars. For purposes of preparing the financial statements, calculating financial covenants and determining compliance with covenants expressed in Dollars, Optional Currencies shall be converted to Dollars in accordance with GAAP.

  • Portfolio Accounting Services (1) Maintain portfolio records on a trade date+1 basis using security trade information communicated from the Fund’s investment adviser.

  • Payments and Calculations 16.1 Currency and method of payments. All payments to be made:

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