Profit and Loss Sharing. After the Company has been approved by industrial and commercial administration authority and carried out the shareholder alteration registration, Party B will become the shareholder of Beijing REIT Technology Development Co., Ltd, and Party B shall share the company profit and loss according to the contribution ratio and stipulations of Articles of Association.
Profit and Loss Sharing. Upon approval by the administration of industry and commerce and completion of registration of change of shareholders, Party B shall become a shareholder of Jiangxi Nobao Appliance Co., Ltd. and shall share the profits and losses of the company in proportion to its contribution to the company and according to the articles of association of the company.
Profit and Loss Sharing. In lieu of [***], the Parties will share [***] the Profits and Losses arising from the Commercialization of a CoDev Product on a global basis, as set forth in Exhibit 1.189. For avoidance of doubt, Parties will share the Profits and Losses arising from the Commercialization of the CoDev Product for so long as such CoDev Product is being [***].
Profit and Loss Sharing. If AbbVie has exercised its Option with respect to a given Collaboration Program or AbbVie has exercised the AbbVie Opt In with respect to an AbbVie Opt In Product and, in either case, Licensor has not exercised its Licensor Opt Out with respect to such Collaboration Program(s)or AbbVie Opt In Product, as applicable, the terms and conditions of this Section 6.3.2 and Section 6.4 shall govern each Party’s rights and obligations with respect to US Net Profits, US Net Losses and ROW Profit relating to the Licensed Products for such Collaboration Program or AbbVie Opt In Product, as applicable. For clarity, if AbbVie has exercised its Option with respect to a given Collaboration Program or AbbVie has exercised the AbbVie Opt In for a particular AbbVie Opt In Product, and Licensor has exercised its Opt Out with respect thereto, Section 6.5 shall apply in lieu of this Section 6.3.2 and Section 3.7.1(c) above with respect to such Collaboration Program or AbbVie Opt In Product, as applicable.
Profit and Loss Sharing. After the Company handles change of registration according to law, Party B shall become a shareholder of Fujian Province Pingtan County Ocean Fishing Group Co., Ltd., and Party B shall share the Company’s profit and loss in accordance with the provisions specified in the Articles of Association.
Profit and Loss Sharing. In lieu of [***], the Parties will share [***] the Profits and Losses arising from the Commercialization of a CoDev Product on a global basis, as set forth in Exhibit 1.189. For avoidance of doubt, Parties will share the Profits and Losses arising from the Commercialization of the CoDev Product for so long as such CoDev Product is being [***]. [***] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED BECAUSE THE INFORMATION (I) IS NOT MATERIAL AND (II) IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.
Profit and Loss Sharing. Profits and losses of the Joint Venture shall be divided among the Parties in the following proportions: [Specify proportions]. Each Party’s share of the profits will be distributed quarterly unless otherwise agreed upon, and losses will be borne in the same ratio. Regular financial statements will be prepared and shared with all Parties to ensure transparency in profit and loss allocation.
Profit and Loss Sharing. After approved by the industry and commerce administrative authorities and going through procedures for registration of change of shareholders, Party B becomes the shareholder of Zhongshan Mingyang Wind Power Blade Technology Co., Ltd which shall then distribute company’s profit and share company’s loss as per ratio of contribution and the provisions of the Articles of Association.
Profit and Loss Sharing. Prior to the completion of the transfers of the Stock Equities, the Transferors shall be entitled to the profits and shall bear the losses of Taizihu and Huichun respectively and after the completion of the transfers of the Stock Equities, the profits and losses thereof shall be respectively enjoyed and borne by the Transferee.
Profit and Loss Sharing. Under Scenario 1 (except if a Party has exercised its Opt-out Option or the Parties have agreed otherwise), the Parties agree to share all Operating Profits and Losses in the manner set forth in Section 5.2 above. Under Scenario 3 and Scenario 5, the Parties agree to share all worldwide Operating Profits and Losses on a 50:50 basis. The definitions principles and mechanisms for the sharing of Operating Profits and Losses are set forth in the Financial Appendix attached hereto as Appendix A and incorporated by reference. The term of such sharing of Operating Profits and Losses for a particular Product shall continue so long as that Product is sold anywhere in the world. Under Scenario 1, if a Party has exercised its Opt-out Option, then it shall be entitled to royalties pursuant to Section 6.4.
