Sharing of Profits. The partners shall be entitled to the net profits arising from the operation of the partnership business that remain after the payment of the expenses of conducting the business of the partnership. Each partner shall be entitled to the distributive share of the profits specified below.
Sharing of Profits. (a) For the purposes of this Section 3.5 only, the term "Stockholders" refers solely to Wine Partners, L.P., TPG Partners, L.P. TPG Parallel I, L.P. and TPG GenPar, L.P. (the "TPG Stockholders"). If (i) the Merger Agreement is terminated in circumstances in which Parent is entitled to a fee pursuant to Section 8.2(b) (ii) thereof and (ii) not later than one year from the date of termination of the Merger Agreement, (1) the Company consummates a merger, acquisition, consolidation, recapitalization, liquidation, dissolution or similar transaction involving, or any sale of all or substantially all of the assets or equity securities of, the Company and its Subsidiaries (a "BUSINESS COMBINATION"), (2) the Company enters into an Acquisition Agreement providing for a Business Combination, which Business Combination is ultimately consummated, irrespective of when such consummation occurs, (3) a TPG Stockholder disposes of any or all of its Subject Shares to any person not an affiliate or an associate of Parent or Purchaser or to the Company or any affiliate thereof in connection with a Business Combination, or (4) a TPG Stockholder realizes proceeds in respect of its Subject Shares as a result of a distribution to such TPG Stockholder by the Company following the sale of substantially all of the Company's assets in connection with a Business Combination (each, a "SUBSEQUENT TRANSACTION"), in each case at a per share price or with equivalent per share proceeds (including, in the case of clause (4), the market value of the Shares after giving effect to such transactions), as the case may be (the "SUBSEQUENT PRICE"), having a value in excess of the Per Share Amount, then the TPG Stockholder will promptly pay to Parent an amount equal to one-half of the product of (x) the excess of the Subsequent Price over the Per Share Amount multiplied by (y) the number of Subject Shares beneficially owned (other than beneficially owned solely by reason of having a right to vote) by such TPG Stockholder at the time a Business Combination is consummated (in the case of clauses (1), (2) and (3)) or disposal by such TPG Stockholder (in the case of clause (4)). Any non-cash consideration received by the TPG Stockholder in a Subsequent Transaction will be valued at fair market value at the time of receipt thereof by the TPG Stockholder. In the event of any stock dividends, stock splits, recapitalizations, combinations, exchanges of shares or the like or any other action that would have ...
Sharing of Profits. The partners shall be entitled to share in the net profits arising from the operation of the partnership after payment of the expenses described in paragraph D.1. of Article IX. Each partner shall be entitled to share in the net profits in the following proportions: Losses. All losses which shall occur in the operation of said business shall first be paid out of the income of the partnership, if any, and then operating capital of the partnership, or if the same shall be deficient, by each partner in the same proportion as such partner's appropriate share in partnership profits.
Sharing of Profits. The sharing of net profits of the company shall be determined and agreed upon at the AGM and at no other meeting. Each shareholder will receive their share of net profits as per their shareholding at the time of declaration of net profits to be shared.
Sharing of Profits. The Partners shall share Profits as follows:
Sharing of Profits. Without limitation of any other provision hereof, should Tenant propose to Transfer to any Transferee other than an Affiliate, Landlord may condition its consent to the Transfer on the condition that fifty percent (50%) of the profit derived by Tenant from the Transfer be paid by Tenant to Landlord as Rent. For purposes of Subsections 11.4 and 11.5, “profits” shall mean the amount of any and all consideration received by Tenant in connection with such Transfer, minus the amount of Base Rent and Additional Rent to be paid by Tenant under this Lease for the portion of the Term and the Subject Space, minus all reasonable, out-of-pocket costs actually incurred by Tenant in connection with such Transfer (including leasing commissions, advertising expenses, costs of alterations or improvements to the Premises approved by Landlord in accordance with this Lease, and attorney’s fees).
Sharing of Profits. In the event that GOV or RMR consummates any sale of Common Shares prior to the first anniversary of the Closing Date and the price per share paid by the purchaser in such sale transaction is greater than the Per Share Price, GOV or RMR, whichever is the seller in such sale transaction, shall pay to Seller, in immediately available funds denominated in United States dollars, by wire transfer to one or more bank accounts designated by Seller, within ten (10) Business Days following the receipt by such Purchaser or its designee of the proceeds of such sale, an amount equal to 50% of the product of (i) the number of Shares sold in such sale transaction times (ii) the excess of (x) the price per share paid in such sale transaction and (y) the Per Share Price. For the avoidance of doubt, this Section 4.2 applies to any shares of the Company owned by any Purchaser and is not limited to such Purchaser’s Applicable Shares.
Sharing of Profits. If the Company formed under the provisions of the Contract sell or transfer its Shares of the Company and if a Profit is being made, CONTRACTOR is liable to pay to the made from the sale Government of the Union of Myanmar the following tranches out of the Net Profit made or transfer of the on the sale or transfer of the shares of the Company, registered under the Contract:- shares in the Company formed - If the amount of Net Profit is up to 100 MMUS$ 40% under the contract - If the amount of Net Profit is between 100 MMUS$ and 150 MMUS$ 45% 4433 - If the amount of Net Profit is over 150 MMUS$ 50% PSC Standard Terms & Conditions (Contd;) (Shallow Water Offshore Blocks) Sr. No. Particulars Standard Terms and Conditions of Production Sharing Contracts for Deep Water offshore Blocks
Sharing of Profits. Without limitation of any other provision hereof, should Tenant propose to assign this Lease or sublet the Premises to any person or entity other than an Affiliate, and the rent payable to Tenant thereunder by such sublesee or assignee shall exceed the Rent payable by Tenant hereunder, then Tenant agrees to pay as Additional Rent hereunder an amount equal to fifty percent (50%) of the “profits” actually received by Tenant from the assignment or sublease. For purposes of this Section, “profits” shall mean the amount of any and all consideration received by Tenant in connection with such sublease or assignment, minus the amount of Rent to be paid by Tenant under this Lease for the portion of the Term and the portion of the Premises covered by such sublease or assignment, minus all reasonable, out-of-pocket costs incurred by Tenant in connection with such assignment or sublease.
Sharing of Profits and Losses after Equity Transfer Article 7 Tax Article 8 Transfer of the Agreement Article 9 Confidentiality Article 10 Liabilities for Breaching the Agreement Article 11 Notifications Article 12 Changes and Amendments Article 13 Applicable Laws and Dispute Resolution Article 14 Interpretation of the Agreement Article 15 Effects and Languages EQUITY TRANSFER AGREEMENT This agreement was signed by the following parties in Beijing on May 10, 2006.
