Income Distribution. 1. The Principal agrees to have any income earned on the entrusted capital and any dividends paid from foreign securities processed according to product terms and conditions and policies of the fund manager and the Mandatory.
2. The Principal agrees that all capital gains and interest earned on securities invested using the entrusted capital are attributable to the Principal; meanwhile, all associated risks, losses, expenses and tax burdens shall also be borne by the Principal.
3. Apart from fees collected under this agreement, the Mandatory will not share any income or loss associated with the entrusted capital.
4. With regards to subscription or holding of U.S.-listed ETF, shares and depository receipts, the U.S. tax law requires non-U.S. persons to pay a 30% tax on income sourced from the United States, such as cash dividends. The Mandatory will authorize its counterparty to collect the 30% tax on dividend at the source. This taxation rule may differ depending on the details of transaction or market conditions.
Income Distribution. 11.1 For Joint Ownership Intellectual Property the Parties agree to share equally all income received from licensing and commercialization of the Intellectual Property or any other technology that might result from the present and future collaboration on the Joint Project. In the event gross royalties do not cover the accrued legal costs expended by any Party with respect to jointly developed Intellectual Property, no Party shall be held responsible for reimbursing the other Party (Parties).
Income Distribution. 5.1 Both parties agree to settle the actual revenue generated through the display or clicks on the promoted content by media clients according to Xxxxx’s policies. Unless otherwise specified in this contract, each party shall bear the expenses incurred for the collaboration, such as development costs, themselves. The settlement method for promotional revenue in the Baidu Integrated Screen promotion service collaboration is as follows:
Income Distribution. Capitalised terms in this paragraph (g) have the same meaning given in the Series Notice unless otherwise defined in these Conditions.
(i) On each Payment Date, the Issuer shall, prior to the enforcement of the Security Trust Deed (in accordance with the written direction provided to it by the Trust Manager on or before the date which is 4 Business Days before that Payment Date), out of the Income for the Collection Period immediately before the Payment Date (and out of the proceeds of disposal of any Liquid Authorised Investments and/or out of Mortgage Principal Repayments as provided for in Condition 4(g)(v)) make the following payments or retain moneys in the following order of priority.
(A) FIRST - an amount equal to any Interest Adjustment required to be paid to an Approved Seller and then outstanding (and the Issuer acknowledges and agrees that it has no entitlement to the moneys comprising the Interest Adjustment).
(B) SECOND - payment of any Taxes payable in relation to the Trust (not including any GST covered in Conditions 4(g)(vii) and 4(g)(viii)).
(C) THIRD - subject to the above sub-paragraph (B) and Condition 4(g)(iii), payment (in the following order of priority) of:
(1) pari passu and rateably as between themselves, payments of:
(I) the Trustee's Fee for the Collection Period (as adjusted in accordance with Condition 4(g)(viii)); and
(II) any fees payable to the Note Trustee under the Transaction Documents for the Collection Period;
(2) pari passu and rateably as between themselves, payments of: -------------------------------------------------------------------------------- Page 74 Note Trust Xxxx Xxxxxx Xxxxxx Xxxxxxxx --------------------------------------------------------------------------------
(I) any fees payable, pari passu and rateably, to the Paying Agents under the Transaction Documents for the Collection Period;
(II) any fees payable to the Calculation Agent under the Transaction Documents for the Collection Period; and
(III) any fees payable to the Note Registrar under the Transaction Documents for the Collection Period;
(3) the Expenses (other than the Trustee's Fee, any fees payable to the Note Trustee, the Paying Agents, the Calculation Agent or the Note Registrar, the Trust Manager's Fee and the Servicer's Fee) in relation to the Collection Period;
(4) the Expenses (other than the Trustee's Fee, any fees payable to the Note Trustee, the Paying Agents, the Calculation Agent or the Note Registrar, the Trust Manager's Fee and ...
Income Distribution. (i) All income or losses from the investment of the Escrow Funds (the “Investment Income” and the “Investment Losses”, as applicable) shall be taxable (in the case of Investment Income) or allocated (in the case of Investment Losses) to the Seller.
(ii) The Investment Income shall be distributed by the Escrow Agent to the Seller as soon as practicable following the end of each calendar year. Notwithstanding any provision to the contrary contained herein, Escrow Agent shall be entitled to deduct and withhold from any amount otherwise payable to the Seller pursuant to this Agreement such amounts as Escrow Agent is required to deduct and withhold with respect to such payment under the Code or any provision of federal, state, local or foreign tax Laws, in each case, as amended or succeeded. To the extent that amounts are so withheld, such withheld amounts shall be treated for all purposes as having been paid to the Seller in respect of which such deduction and withholding was made, provided that such withheld amounts are actually remitted to the appropriate taxing authority. The Seller shall use commercially reasonable efforts as soon as reasonably practicable to provide to Escrow Agent such information or tax forms as Escrow Agent requests in connection with its obligations under the appropriate tax Laws applicable in respect of withholding, backup withholding and information reporting including, without limitation, the Seller’s taxpayer identification number and Form W-9.
(iii) Escrow Agent shall report such Investment Income or Investment Losses on such tax returns as required by the IRS and any state and local departments of revenue in all years Investment Income is earned, or Investment Losses are suffered, as and to the extent required under the provisions of the Code. Except for the obligations set forth in the immediately preceding sentence, Escrow Agent shall have no obligation to prepare or file any income or other tax returns applicable to the Investment Income and Investment Losses.
(iv) Upon the final distribution of the Purchase Price Adjustment Escrow Fund pursuant to Section 2(e) below, Escrow Agent shall distribute to the Seller all net undistributed Investment Income on such Purchase Price Adjustment Escrow Fund through the date of such final distribution. Upon the final distribution of the Indemnity Escrow Fund pursuant to Section 2(g) below, Escrow Agent shall distribute to the Seller all net undistributed Investment Income on such Indemnit...
Income Distribution. 1、 Party A and Party B shall share the proportion of the actual income on demand, and the actual income on demand shall be subject to the actual amount of the cooperative products hereunder.
2、 If the products are open to users for free experience due to the agreement between both parties, party A and Party B shall not share the revenue during the free experience period.
3、 As one of the program providers of “Children Children”, Party B shall share the settlement amount of “Children” product package according to the proportion of the program provided by Party B and all “Children” content providers (the proportion of the viewing time of the program users). The relevant definitions are provided as follows:
(1) Flow of Party B’s program provider: the number of on-demand hours provided by party B’s program provider in the special area of “Grain Dou Children” during a certain settlement period.
(2) All program flow: the duration of the demand of all the programs in the “Grain Bean Children” section during a certain settlement period.
(3) Proportion of Party B’s program traffic: In a certain settlement period, the ratio of Party B’s program traffic to all program flow:, namely: The proportion of Party B’s program traffic (Party B’s program traffic / all program flow) * 100%
4、 Settlement amount of “GuDou Children” product package: According to the actual sales volume, Party A and all the sections of “GuDou Children” according to the proportion of 65%: 35% of the total actual sales of “GuDou Children” product, and Party B shall share 35% of the settlement amount of 35% of the proportion according to the highest flow ratio. Genhua: Party B’s monthly settlement amount 2 Party B’s program flow accounts for * the actual sales of children * 35%
5、 method of settling accounts:
(1) In order to improve the settlement efficiency, the two parties agree that the settlement work will be carried out in two stages, the first is the pre-settlement stage and the second is the final settlement stage.
(2) Pre-settlement: During the cooperation period hereunder, party A and Party B shall take quarterly (3 natural months) as the pre-settlement period, and party A and Party B shall agree to pay Party B the pre-settlement amount at 80% of the current settlement amount in the settlement statement of the BOSS system within 30 days after the end of each quarter during the cooperation period. After the pre-settlement amount is confirmed by both parties, Party B shall issue a special VAT i...
Income Distribution. 1.4.1 After Party A entrusts the mining machine to Party B for management to go online, the daily mining income can be based on the fixed value of the factory equipment and the official calculation of the BTC and ETH official calculations. Quote reference data provided by third-party platforms (ant mine pool, fire coin pool).
1.4.2 Apply before 16:00 on the same day, Party B will remit the digital assets to the account which designated by Party A within T+1 working day. Apply after 16:00 on the same day, Party B will remit the digital assets to the account which designated by Party A within T+2 working day. Party A's Bitcoin account address: Party A's Ethcoin account address:
Income Distribution. The Partners undertake that the fee income shall be distributed among them in the following manner: • Out of every tuition fee, € 500 is allocated to the Common Activity Fund, which is used to finance the common activities of the Programme, such as the organization of the Mid-Term Meeting (including transportation and accom- modation of the participating students), the maintenance of the EMLE web- site, and the advertising of the EMLE; • Out of the remaining tuition fee income, the EMLE Coordination Centre (cur- rently Rotterdam) receives a fixed amount of € 40.000 to cover its administra- tion costs; moreover, Hamburg receives € 8.000 to cover the management of Erasmus Mobility Grants;3 • Subsequently, each of the Partner Universities receives an amount of € 1.000 to partially cover their fixed costs; • Each third term university receives € 650 per student attending the university for thesis supervision; • Haifa and Mumbai receive € 2.000 each to cover the higher travel costs; • In addition, for reasons of sustainability, out of their share: Aix/Marseille will transfer € 2000 to Ghent and Warsaw will transfer € 2000 to Haifa every year; these transfers will be included in the transfers made by the EMLE Coordina- tion Centre; • The remainder of the net income is distributed among the partners according to a sharing rule based on the teaching load of the partner universities. The overall teaching load is divided into 38 units. Each partner receives the com- mensurate share of the total teaching load as detailed below: Units Share Share (in %) Hamburg 9 9/38 23,70 Rotterdam 8 8/38 21,04 Haifa 4,5 4,5/38 11,85 Ghent 4,5 4,5/38 11,85 Prague 2 2/38 5,26 Aix-Marseille 2 2/38 5,26 Rome 2 2/38 5,26 Mumbai 2 2/38 5,26 Warsaw 2 2/38 5,26 Vienna 2 2/38 5,26 Total 38 38/38 100 % In addition, the Partners agree that out of the annual EM contribution to the EMLE coordination costs (€ 50.000) an amount of € 30.000 shall be used by the Coordina- ting Centre and the remaining amount of € 20.000 will be used for: 1. As requested by the Erasmus+ rules, hosting at least four (4) Visiting Scholars for a two weeks stay at one of the partner universities, for which the Visiting Scholar will normally receive €
Income Distribution. 1. Income distribution from printing service
(1) Party B provides printing service of 6 inch photo with Kodak D printing paper at present, the two parties determine that the price is 0.60 Yuan a photo. The two parties agree that the price will be re-determined every half year, in case the price changes, the supplementary will be added in written to the Agreement.
(2) The income from the cooperation business will be distributed as per the proportion of 15% for Party A and 85% for Party B. The income will be calculated as [ unit price of photo printing * printing photos].
(3) Party B shall make the payment to Party A at the amount of 240 yuan a set every month as entrusting charge of host computer.
(4) Two parties shall pay self tax in accordance with relating provisions of national tax law.
2. Charge for using network of equipment
Income Distribution. Other than amounts that should be acquired by the Agent alone, unless otherwise provided in this Agreement, the principal repayment, interest, guarantee, fee, delay interest, breach penalty, compensation, commitment fee, all costs and other amounts received by the Agent in accordance with this Agreement shall be forwarded to each relevant Syndicated Bank in accordance with the Credit Risk Sharing Ratio at the time of receipt. Each Syndicated Bank shall issue a receipt for the amount actually received respectively to the Borrower or other relevant persons within 5 Business Days (except principal repayment). The above amounts received by the Agent shall be distributed to each Syndicated Bank in accordance with the following:
(1) If the Agent receives the amounts before 12 p.m. (inclusive) Taipei Time on a Business Day, the distribution shall be made to the other Syndicated Banks on the same Business Day.
(2) If the Agent receives the amounts after 12 p.m. (inclusive) Taipei Time on a Business Day, the distribution shall be made to the other Syndicated Banks on the following Business Day. However, if there is a dispute about any of the amounts received by the Agent, the Agent may forward the amounts to each Syndicated Bank after a longer processing period based on its reasonable judgment. In handling all matters related to the distribution of income of this Credit Facility, the Agent shall make distributions in accordance with applicable provisions of this Agreement. However, if the actual calculation does not allow distribution in exactly the same proportions, the Agent may do so based on its reasonable judgment and no Syndicated Bank shall voice any objection.
