PROFIT PAYMENT definition

PROFIT PAYMENT shall have the meaning set forth in Section 3.5.1(a).
PROFIT PAYMENT has the meaning set forth on SCHEDULE 2.6(A) hereto.
PROFIT PAYMENT. - means, in relation to each tranche of the Sukuk Murabahah, the

More Definitions of PROFIT PAYMENT

PROFIT PAYMENT means the six-monthly periodic Profit distribution calculated by the Issuer/Mudharib at the Applicable Profit Rate payable by the Issuer/Mudharib to the Bond Holders, based on the Profit Sharing Ratio and subject to the Additional Profit Waiver, on each Profit Payment Date commencing from the Issue Date until Maturity Date or, where the Bonds are fully redeemed following the exercise of the Call Option, the date of such redemption;
PROFIT PAYMENT has the meaning set forth in Section 5.1 hereof.

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