Common use of Distributive Share Clause in Contracts

Distributive Share. 5.1 The net operating income and net operating loss of the Joint Venture shall be allocated and shared between the Joint Venture Parties in proportion to their Percentage Ownership Interest indicated above.

Appears in 2 contracts

Samples: Joint Venture Agreement (Cool Technologies, Inc.), Joint Venture Agreement (Cool Technologies, Inc.)

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Distributive Share. 5.1 The net operating income and net operating loss of the Joint Venture shall be allocated and shared between and shared by the Joint Venture Parties in proportion to their Percentage Ownership Interest indicated aboveperformance of work.

Appears in 2 contracts

Samples: Joint Venture Agreement, Joint Venture Agreement

Distributive Share. 5.1 6.1 The net operating income and net operating loss of the Joint Venture shall be allocated and shared between the Joint Venture Parties in proportion to their Percentage Ownership Interest indicated above.

Appears in 1 contract

Samples: Joint Venture Agreement (Cool Technologies, Inc.)

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Distributive Share. 5.1 The net operating income and net operating loss of the Joint Venture shall be allocated and shared between the Joint Venture Parties in proportion to their Percentage Ownership Interest indicated aboveof ownership.

Appears in 1 contract

Samples: Joint Venture Agreement (Western Acquisition Ventures Corp.)

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