Agreed Profit definition

Agreed Profit means “Agreed Profit” as defined in the Commodities Purchase Agreement, the Luxco Commodities Purchase Agreement and in the Second Lien Commodities Purchase Agreement, as applicable.

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Agreed Profit shall have the meaning set forth in Section 7.2(c)(i).

Agreed Profit shall have the meaning ascribed to the term in Section 5.4 hereof.

Examples of Agreed Profit in a sentence

Once the aggregate lignite deliveries to Dakota's Secondary Plant, Dakota's Other Plants and Other Plants equal such quantity, the Agreed Profit for all lignite delivered to Dakota for use at Dakota's Other Plants shall be at the rate(s) specified in Subsection 5.4(a) hereof and the adjustment of such Agreed Profit shall be as provided in Subsection 5.5(a) hereof.
During each Development Period, the excess of the Cost of Production over the price (less Agreed Profit) paid for such lignite shall be capitalized, for purposes of determining subsequent price.
The billing of coal sold and delivered in each calendar month shall be based on the actual Cost of Production for the month plus the Agreed Profit as determined in Section 5.4 hereof.
Any ▇▇▇▇▇▇▇ Sales shall be made on terms agreed to by Buyer, Seller and Montana-Dakota, with Seller receiving its Costs of Production, Capital Charge and Agreed Profit on all Tons sold in ▇▇▇▇▇▇▇ Sales.
After the end of each Development Period, the monthly billing of lignite sold and delivered from Coteau's Mine to which such Development Period related in each calendar month shall be based upon the estimated Cost of Production applicable to Coteau's Mine during such month, plus the Agreed Profit on lignite mined from Coteau's Mine for such month.

More Definitions of Agreed Profit

Agreed Profit means, for any Transaction, an amount determined by TCO in accordance with this Agreement to be the sum of (i) the product of the Profit Rate multiplied by the Purchase Price of the Metals covered by such Transaction multiplied by the actual number of days from the Value Date for such Transaction to the Transaction Payment Date for such Transaction and dividing such product by 360, and (ii) the Supplemental Profit for such Transaction.

Agreed Profit set forth in Schedule 1 of the Lease Agreement is hereby amended and restated as follows:

Agreed Profit means, (i) for any Metals Transaction, an amount determined by TCO by taking the product of the Profit Rate multiplied by the Metals Transaction Purchase Price of the Metals covered by such Metals Transaction multiplied by the actual number of days from the Value Date for such Metals Transaction to the Payment Date for such Metals Transaction and dividing such product by 360; and (ii) for any Goods Transaction, an amount determined by TCO equal to the Stated Rate times the Goods Purchase Price times the number of days from the Value Date to the last date for the completion of the purchase of the Goods, as specified by Tensar in the related Goods Purchase Request.

Agreed Profit has the meaning given to such term in Section 4.4.

Agreed Profit means, for any Transaction, an amount determined by TCH in accordance with this Agreement to be the sum of (i) the product of the Profit Rate multiplied by the Purchase Price of the Metals covered by such Transaction multiplied by the actual number of days from the Value Date for such Transaction to the Transaction Payment Date for such Transaction and dividing such product by 360, and (ii) the Supplemental Profit for such Transaction.

Agreed Profit means an amount equal to $2,000,000.

Agreed Profit a profit that delivers to the Developer both: (a) the Required Actual Return; and (b) the Required Actual Profit on GDV