Common use of Determination of Distributable Profits Clause in Contracts

Determination of Distributable Profits. 11.1.1 The Management Company shall decide, as soon as possible but not later than four months after the Accounting Date, or any other time Stipulated under the Ordinance and/ or the Rules or Regulations1, whether to distribute amount Holders, profits (if any) and shall advise the Trustee accordingly. Such Profits may be distributed in cash, additional units, or a combination of both as the Management Company may determine.

Determination of Distributable Profits. 11.1.1 The Management Company shall decide, as soon as possible but not later than four three months after the Accounting Date, or any other time Stipulated stipulated under the Ordinance and/ or and/or the Rules or Regulations1and Regulations, whether to distribute amount among Holders, profits (if any) and shall advise the Trustee accordingly. Such Profits profits may be distributed in cash, additional bonus units, or a combination of both as the Management Company may determine.

Determination of Distributable Profits. 11.1.1 The Management Company shall decide, as soon as possible but not later than four three months after the Accounting Date, or any other time Stipulated stipulated under the Ordinance and/ or and/or the Rules or Regulations1Regulations, whether to distribute amount among Holders, profits (if any) and shall advise the Trustee accordingly. Such Profits profits may be distributed in cash, additional bonus units, or a combination of both as the Management Company may determine.