Profit Charge definition

Profit Charge. A “Profit Charge” representing one percent (1%) of the total Fees (calculated as the aggregate of all Fee components listed in items 1 through 13 above), or any alternate percentage as the Parties may agree, from time to time, shall be assessed in addition to the total value of each quarterly invoice.
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Examples of Profit Charge in a sentence

  • The Profit Charge will be calculated from the day the transactions were posted until full payment.

  • If such rates or methodologies are changed, other than as a result of a voluntary change by United, AARP Trust or United may propose for approval by the other, which approval shall not be unreasonably withheld, that the Risk and Profit Charge set forth in this Section 6.3 be changed so as to yield United the same rate of return as would have applied had there been no such change in such Tax rates or methodologies.

  • The Risk and Profit Charge has been negotiated on the basis of the federal income Tax rates and methodologies currently applicable to United with respect to its ordinary income.

  • The Parties expressly authorize the personal use of this Web Site, which includes viewing its content and making a reasonable amount of copies for the sole purpose of retaining documents for your personal files.

  • Supplier will during or after the term of this Agreement and upon ▇▇▇▇▇'s request, assist Amgen and any other member of the Amgen Group (at Amgen's expense) in obtaining, enforcing and/or maintaining the Amgen Group's rights in the Work Product.

  • Each Fee (including the Profit Charge, as defined below) shall be determined by allocation of total costs incurred by BroadVision, Inc.

  • The parties agree that, beginning with Policy Year 2003, *** of United's Risk and Profit Charge for ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇ tied to performance standards set forth in Exhibit 3.2.5, which *** Represents text deleted pursuant to a confidentiality treatment request filed with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.

Related to Profit Charge

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Interest Charge means the interest charge for the purpose of Section 3.07.