Transaction Profit definition

Transaction Profit with respect to any party shall mean that party's revenues, including from transactions with the Company or with other parties to this Agreement from the WDM Products Business, including related activities such as licensing of WDM Product or WDM Optical Filter technology, pursuant to this Agreement less such party's related Costs. "Transaction Profit" can be either a profit or a loss. For greater certainty, Transaction Profit shall not include any revenue, Costs or Company Profit recognized by either party as a result of either consolidating, equity accounting or cost accounting for a party's ownership interest share in the Company.

Examples of Transaction Profit in a sentence

  • Notwithstanding the foregoing, in the event a Topping Fee is paid to Buyer and the amount of cash received by Buyer pursuant to (i) the Break-up Fee PLUS (ii) the Topping Fee PLUS (iii) the 19.9% Sale Transaction Profit exceeds $7,750,000, Buyer shall refund to the Company the amount of such excess within thirty days.

  • Landlord’s fifty percent (50%) share of the Transaction Profit shall be paid by Tenant to Landlord in installments as and when such Transaction Profit is actually received by Tenant.

  • Either party may at ▇▇▇▇ime make for or resell to third parties Fiber Bragg grating or Planar Waveguide or ▇▇▇▇r technology based WDM Products where the party's Transaction Profit on such sales is included in calculating Profits under this Agreement.

  • Notwithstanding the foregoing, in the event a Topping Fee is paid to Buyer and the amount of cash received by Buyer pursuant to (i) the Break-up Fee plus (ii) the Topping Fee plus (iii) the 19.9% Sale Transaction Profit exceeds $7,750,000, Buyer shall refund to the Company the amount of such excess within thirty days.

  • If the preceding sentence would not apply (because the Economic Capital Account Quotient of each Member is equal to such Member’s percentage of Membership Unit), then, after giving effect to the Special Allocations set forth in Section 4.3, at the end of any taxable year in which there is any Capital Transaction, Profit and Loss (or any items of either of them) attributable to such Capital Transaction shall be allocated to the Members in proportion to their percentage of Membership Units.