Distribution Percentage Clause Samples
The distribution-percentage clause defines how proceeds, profits, or other benefits are to be divided among parties to an agreement. Typically, it specifies the exact percentage each party is entitled to receive from a particular pool of funds, such as revenue from a joint venture or royalties from intellectual property. By clearly allocating shares, this clause ensures transparency and prevents disputes over entitlement, thereby facilitating smooth financial operations and reducing the risk of misunderstandings.
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Distribution Percentage. After paying the taxes in accordance with law and withdrawing the various reserve funds as provided in article 49 hereof, the remaining profits will be distributed to Party A and Party B in accordance with the following percentages:
(a) Until such date as Party B's total investment and interest of the external financing in the Joint Venture Company has been fully recovered by Party B (the "Recoupment Date"), the distribution of profits shall be in accordance with the following percentages: Party Distribution Percentage PARTY A 20% PARTY B 80%
(b) After the Recoupment Date, all distribution of profits shall be made as follows: Name of the Party Distribution Percentage PARTY A 49% PARTY B 51% Unless otherwise unanimously agreed to by the Parties, the profit shall be distributed in cash (in Renminbi). Such distribution shall be converted into foreign currency.
Distribution Percentage. “Distribution Percentage” means, with respect to each Member as of the end of a calendar quarter, a percentage equal to the Percentage Interest of such Member; provided, however, that if a Member has terminated its participation in the Trading Activities pursuant to Section 9.3, then during all periods of time during which such Member is a Terminating Member, the Terminating Member’s Distribution Percentage shall be equal to 15% and the Non-Terminating Member’s Distribution Percentage shall be equal to 85%, in each case subject to Section 9.3(b)(v).
Distribution Percentage. Subject to Section VII.C, the term “Distribution Percentage” refers to each Class Member’s share of the Net Settlement Amount, as defined in Section VIII.D.1, and of any residual balance in the Reserve Account, as defined in Section VIII.C.5. The Distribution Percentage is based on the amount of CSC already paid to each Class Member during the period 1994 through 2013, provided, however, that each Class Member shall receive a minimum payment of approximately $8,000 for each year that it had a BIA ISDA contract during the fiscal years 1994 through 2013. Each Class Member’s Distribution Percentage is set out in Appendix 2. “Treasury Debt Collection Authorities” are established by 31 U.S.C. § 3716 as part of the Debt Collection Improvement Act, and 26 U.S.C. § 6331(h) of the Internal Revenue Service Tax Code. Payments to each Tribal Contractor from the Judgment Fund as a result of this FSA are subject to United States Department of the Treasury Debt Collection Authorities. Subject to Section VII.B, the Bureau of Fiscal Service will offset and/or levy any delinquent debt of a Tribal Contractor from that Tribal Contractor’s share of the Settlement Amount and will notify that Tribal Contractor of that debt.
Distribution Percentage. As used in the Agreement, “
Distribution Percentage. As of any date of determination, the percentage of the cash which would be distributed to Borrower or any of its Subsidiaries pursuant to the terms of the organizational agreements of a Controlled Joint Venture, assuming a hypothetical cash distribution following a sale of all of the assets of such Controlled Joint Venture. For purposes of this definition, the amount available for such distribution shall be deemed to be an amount equal to the Capitalized Value of the applicable Unencumbered Controlled Joint Venture Property (determined without any adjustment based upon the Distribution Percentage), or if the Unencumbered Asset Value for such Unencumbered Controlled Joint Venture Property is not determined based upon the Capitalized Value, then the book value of such Unencumbered Controlled Joint Venture Property (determined without regard to any adjustment based upon the Distribution Percentage). The Distribution Percentage shall be an amount equal to the quotient obtained by dividing (x) the total cash that would be distributed to Borrower or its Subsidiaries in connection with such distribution by (y) the total amount of cash that would be distributed as a result of such sale. Dollars or $. Dollars in lawful currency of the United States of America. Domestic Lending Office. Initially, the office of each Lender designated as such on Schedule 1.1 hereto; thereafter, such other office of such Lender, if any, located within the United States that will be making or maintaining Base Rate Loans.
Distribution Percentage. The Parties agree that the percentage of profits to be distributed to Party A and Party B by the Joint Venture Company shall be made in accordance with the following:
(a) Unfit such date as Party B's total investment and interest of the external financing in the Joint Venture Company has been fully recovered by Party B (the "Recoupment Date"), the distribution of profits shall be in accordance with the following percentages: Name of the Party Distribution Percentage PARTY A 20% PARTY B 80%
(b) After the Recoupment Date, all distribution of profits shall be made as follows: Name of the Party Distribution Percentage PARTY A 49% PARTY B 51%