Common use of Allowable Profit Clause in Contracts

Allowable Profit. 8.5.1 The allowable profit on expenses shall be calculated using targeted operating ratio of ninety-three percent (93%), with a range of ninety-one percent (91%) to ninety-five percent (95%), applied to Franchisee's reasonable and necessary allowable costs incurred in the performance of its obligations under this Agreement.

Appears in 3 contracts

Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement

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Allowable Profit. 8.5.1 The β€Œ 9.3.1 During the rate review process, the allowable profit on expenses shall be calculated using targeted operating ratio of ninety-three percent (93%), with a range of ninety-one percent (91%) to ninety-five percent (95%), applied to Franchisee's reasonable and necessary allowable costs incurred in the performance of its obligations under this Agreement.

Appears in 1 contract

Samples: Franchise Agreement

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Allowable Profit. 8.5.1 The When performing the services desired in this Agreement, the allowable profit on expenses shall be calculated using targeted target operating ratio ratios of ninety-three two percent (9392%), with a range ranges of ninety-one ninety percent (9190%) to ninety-five four percent (9594%), applied to Franchisee's ’s reasonable and necessary allowable costs costs, incurred in the performance of its obligations under this Agreement.

Appears in 1 contract

Samples: Franchise Agreement

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