Profit Distribution. 13.6.1 After the Company has paid the enterprise income tax, the Board will determine the amount of the reserve fund, enterprise development fund and employee rewards and welfare fund (if applicable) withdrawn from the net profit after tax. The sum of these funds withdrawn annually shall be determined by the Board.
Profit Distribution. The net profits of the joint investment pool shall be distributed amongst shareholders and depositors according to their respective weightages in the invested funds. The Bank, as (Mudarib), shall be entitled to {90%} of the realized net profit of the depositors.
Profit Distribution. (a) After paying taxes in accordance with the law and making contributions to the Three Funds, the remaining earnings of the Company shall be available for dividend distribution to the Parties. The General Manager shall recommend a dividend distribution plan to the Board of Directors within the first three (3) months following the end of each fiscal year of the Company for the Board’s consideration and approval or modification. In his or her recommendation, the General Manager shall consider that the Company has sufficient funds on hand to pay the dividends and meet its approved capital expenditure budget and working capital requirement for the current budget year. The Company shall not distribute dividends unless the losses of previous fiscal year(s) have been fully made up. Remaining undistributed dividend from previous years may be distributed together with that of the current year and the Board of Directors may authorize the payment of dividends from undistributed dividends from previous years at any time.
Profit Distribution. If Huayong makes distribution of the undistributed profit over the years, Transferee can be allocated according to the equity ratio held by it.
Profit Distribution. The parties agree that the profits of the Target Company, after deduction of the statutory distribution amount, shall be used by the Target Company for reinvestment or other purposes beneficial to the business and operation of the Target Company or distributed to each shareholder in proportion to the shares held by each shareholder as dividends in accordance with the resolutions of the Shareholders.
Profit Distribution. For purposes of this Agreement, “
Profit Distribution. 第16条 利润分配
Profit Distribution. Article 37: The joint venture company distributes its profits in accordance with the joint venture parties' investment proportions. The Board of Directors is to decide the profit distribution program and the profits payable to the two parties within three months after one accounting year. Profits paid to Party B may be remitted to the designated country or region in accordance with the Interim Regulations on Foreign Exchange Control of the People's Republic of China.
Profit Distribution. 17.1 The Company shall distribute its profit in accordance with the following priority sequence, after paying the income tax required by the PRC Enterprise Income Tax Law and its implementing rules as well as other applicable Law:
Profit Distribution. (1) The Issuer executes the dividend payment independently from the BEX Issuer Account in accordance with the Bylaws. BEX will support the Issuer with the dividend payment
