Profit Portion definition
Examples of Profit Portion in a sentence
However, if the Tawarruq has been entered into, any undisbursed portion of the Customer’s Selling Price(s) after the Availability Period shall be treated as prepayment of the Bank’s Selling Price(s) and the Profit Portion for the undisbursed portion shall be waived as Ibra’ as stated in Section 14.
However if the Tawarruq Arrangement have been entered into, any undisbursed portion of the Customer’s Selling Price(s) after the Availability Period shall be treated as prepayment of the Bank’s Selling Price(s) and the Profit Portion for the undisbursed portion shall be waived as Ibra’ as stated in Section 8.02.
However if the trade transactions have been entered into, any undisbursed portion of the Facility Amount Section 9 of Schedule 1 hereto after the Availability Period shall be treated as prepayment of the Bank’s Sale Price (Principal portion) and the Profit Portion for the undisbursed portion shall be waived as Ibra’ as per Shariah.
Since we do not take any upfront cost from you for maintenance we deduct it from your Gross Profit Portion on daily basis and pass remaining net portion to you.
Unless otherwise agreed by the Parties in writing, the Distribution Agreement shall set forth in further detail of such Profit Portion and spare parts royalty fee in accordance with this Agreement.