Profit or Loss Sample Clauses

Profit or Loss. Profit or Loss shall be an amount computed for each Accounting Period as of the last day thereof that is equal to the Company’s taxable income or loss for such Accounting Period, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss, or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments:
Profit or Loss. For purposes of Section 2.3 and Article 3, -------------- "profit or loss" refers to taxable income of the Partnership as computed under IRC Section 703, but taking into account also (i) any item of income exempt from tax, and (ii) any item of expense described in IRC Section 705(a)(2)(B) or treated as described in IRC Section 705(a)(2)(B) by Regulations promulgated under IRC Section 704(b) and excluding any items specially allocated pursuant to Sections 3.5 and 3.6 hereof.
Profit or Loss. Can the worker make a profit or suffer a loss as a result of the work, aside from the money earned from the project? (This should involve real economic risk - not just the risk of not getting paid.)
Profit or Loss. All Profit and Loss shall be allocated to the Member.
Profit or Loss. Profits and Losses of the Company shall be determined and allocated with respect to each Accounting Period of the Company as of the last day thereof. Subject to the other provisions of this Section, an allocation to a Member of a share of Profits and Losses shall be treated as an allocation of the same share of each item of income, gain, loss and deduction that is taken into account in computing Profits and Losses.
Profit or Loss. At the end of each Fiscal Year of the Partnership, the Profit or Loss of the Partnership for such Fiscal Year shall be determined. After giving effect to any special allocations pursuant to Sections 6.02(b) and 6.03, the Profit or Loss for the Fiscal Year shall be allocated among the Partners so that to the extent possible, the net amounts of Profits and Losses and items specially allocated pursuant to Sections 6.02(b) and 6.03, allocated for such Fiscal Year and all preceding Fiscal Years to the General Partner as a class, and to the Limited Partners as a class, respectively, is equal in the case of each class to the amount that would be allocated to the class if the Profits and Losses and items so specially allocated for such Fiscal Year and all previous Fiscal Years were aggregated and the net result (the “Cumulative Profit” or “Cumulative Loss”) were allocated as follows:
Profit or Loss. 3 1.13 Securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 1.14
Profit or Loss. Other Than from a-Capital Transaction. After giving effect to the special allocations set forth in Section 4.3, for any taxable year of the Company, Profit or Loss (other than Profit or Loss resulting from a Capital Transaction, which Profit or Loss shall be allocated in accordance with the provisions of Sections 4.2.1 and 4.2.2) shall be allocated to the Interest Holders in proportion to their Percentages.
Profit or Loss. The Parties shall share in ROW Territory Profit or Loss as follows: Agios shall bear (and be entitled to) fifty percent (50%), and Celgene shall bear (and be entitled to) fifty percent (50%). Each Party may include Commercialization Expenses in the ROW Territory Profit or Loss incurred by such Party that are within [**] percent ([**]%) of the approved Commercialization Budget under the Commercialization Plan. Any Commercialization Expenses in excess of [**] percent ([**]%) of the approved Commercialization Budget under the Commercialization Plan shall be borne solely by the Party incurring such costs and not included in ROW Territory Profit or Loss unless such Party has received the other Party’s written approval to share such excess costs.