Profit Allocation definition
Examples of Profit Allocation in a sentence
All payments of Profit Allocation shall be made in accordance with the Partnership Deed and subject to the availability of sufficient Partnership profits.
Each PCP Gross Profit Allocation Report shall clearly show the calculations used in deriving the information shown on such report.
The profit sharing calculations will be performed on both a quarterly and yearly basis, as follows: Within five business (5) days following the end of each calendar quarter, Auxilium shall calculate and provide a PCP Gross Profit Allocation Report to Oscient regarding the allocation of PCP Gross Profit in the manner described in this paragraph.
The Individual Member will also continue to receive the benefits he is entitled to on the date his membership terminates for two years from such date and a pro rata Profit Allocation for the year of termination.
During the term of this Agreement, Client shall pay CD Capital: (i) a monthly management fee ("Management Fee") equal to [*]% of the Account's Net Asset Value as of the first day of each month (including any new contribution then being made and prior to accrual of the Management Fee being determined or of any Profit Allocation (as defined below).
Operating expenses (including those set forth in Paragraph 5 herein) reduce Net Asset Value for purposes of calculating the Profit Allocation.
All brokerage commissions and other out-of-pocket direct investment expenses, including, but not limited to, the Account's pro rata portion of out-of-pocket legal and due diligence expenses, reasonably incurred in connection with transactions for the Account will be paid out of the assets of the Account and are in addition to the Management Fee and Profit Allocation paid to CD Capital.
Such Management Fee shall be deducted from the Account's balance on such date; plus (ii) as of each December 31 (or the date of termination of CD Capital's services hereunder), a "Profit Allocation" in the amount of [*]% of any increase in Net Asset Value of the Account in excess of the High Water ▇▇▇▇ (prior to the accrual of the Profit Allocation being determined).
The Profit Allocation for the calendar year during which the termination occurs shall be determined based on the Net Asset Value of the Account on the termination date.
Beginning 180 days after installation at each Travel Center pursuant to Paragraph 6 below, Lessee agrees to pay to Landlord the consideration set forth in the Revenue and Profit Allocation Schedule attached hereto as Exhibit B (the “Lease Consideration”).