Common use of Profit Clause in Contracts

Profit. After giving effect to special allocations set forth in Section 7.03 and Section 7.04, Profit for any Fiscal Year shall be allocated to the Owners in proportion to their respective Sharing Ratios.

Appears in 12 contracts

Sources: Trust Agreement, Trust Agreement, Trust Agreement (National Collegiate Student Loan Trust 2006-3)

Profit. After giving effect to special allocations set forth in Section 7.03 and Section 7.04, Profit Profit for any Fiscal Year shall be allocated to the Owners in proportion to their respective Sharing Ratios.

Appears in 1 contract

Sources: Trust Agreement