Profit and Loss Sharing. After the Company has been approved by industrial and commercial administration authority and carried out the shareholder alteration registration, Party B will become the shareholder of Beijing REIT Technology Development Co., Ltd, and Party B shall share the company profit and loss according to the contribution ratio and stipulations of Articles of Association.
Profit and Loss Sharing. In lieu of [***], the Parties will share [***] the Profits and Losses arising from the Commercialization of a CoDev Product on a global basis, as set forth in Exhibit 1.189. For avoidance of doubt, Parties will share the Profits and Losses arising from the Commercialization of the CoDev Product for so long as such CoDev Product is being [***].
Profit and Loss Sharing. After the Company handles change of registration according to law, Party B shall become a shareholder of Fujian Province Pingtan County Ocean Fishing Group Co., Ltd., and Party B shall share the Company’s profit and loss in accordance with the provisions specified in the Articles of Association.
Profit and Loss Sharing. If AbbVie has exercised its Option with respect to a given Collaboration Program or AbbVie has exercised the AbbVie Opt In with respect to an AbbVie Opt In Product and, in either case, Licensor has not exercised its Licensor Opt Out with respect to such Collaboration Program(s)or AbbVie Opt In Product, as applicable, the terms and conditions of this Section 6.3.2 and Section 6.4 shall govern each Party’s rights and obligations with respect to US Net Profits, US Net Losses and ROW Profit relating to the Licensed Products for such Collaboration Program or AbbVie Opt In Product, as applicable. For clarity, if AbbVie has exercised its Option with respect to a given Collaboration Program or AbbVie has exercised the AbbVie Opt In for a particular AbbVie Opt In Product, and Licensor has exercised its Opt Out with respect thereto, Section 6.5 shall apply in lieu of this Section 6.3.2 and Section 3.7.1(c) above with respect to such Collaboration Program or AbbVie Opt In Product, as applicable.
Profit and Loss Sharing. Upon approval by the administration of industry and commerce and completion of registration of change of shareholders, Party B shall become a shareholder of Jiangxi Nobao Appliance Co., Ltd. and shall share the profits and losses of the company in proportion to its contribution to the company and according to the articles of association of the company.
Profit and Loss Sharing. After the company completes the change registration in accordance with the law, Party A becomes a shareholder of the company and shares the company’s profits and losses according to the provisions of the articles of association.
Profit and Loss Sharing. Allocations for Federal, State and Local Income Tax Purposes; Cash Distributions;
Profit and Loss Sharing. The Parties hereby agree that, after the payment of all costs associated with the sale of a Homesite, including the purchase of the Homesite pursuant to the Option Agreement, Site Preparation, Home Purchase, and selling costs and expenses (collectively, the “Selling Costs”), which will be paid out of the escrow upon the closing of the sale of the Homesite and manufactured home, WOFA and Pixel will share the net profits from the sale (the “Net Profits,” calculated as the revenue received from the sale minus the Selling Costs) equally. The applicable amount of Transaction Funds for a sold Homesite will be distributed to Pixel, and the Net Profits shall be distributed to WOFA and Pixel, out of the same escrow as the sale. Upon the completion of a sale, at the discretion of Pixel, the Transaction Funds will be available for re-use during the Term of this Agreement to improve the next Homesite up to the total number of Homesites or, in the alternative, Pixel can elect not to pursue multiple transactions using the Transaction Funds. In the event the Selling Costs exceed the sales price for any particular Homesite, then all of proceeds of the sale will be distributed to Pixel and WOFA will pay to Pixel any amount necessary for Pixel to receive the full amount of the Selling Costs for that Homesite, up to the amount of the Transaction Funds.
Profit and Loss Sharing. After approved by the industry and commerce administrative authorities and going through procedures for registration of change of shareholders, Party B becomes the shareholder of Zhongshan Mingyang Wind Power Blade Technology Co., Ltd which shall then distribute company’s profit and share company’s loss as per ratio of contribution and the provisions of the Articles of Association.
Profit and Loss Sharing. Profits and losses of the Joint Venture shall be divided among the Parties in the following proportions: [Specify proportions]. Each Party’s share of the profits will be distributed quarterly unless otherwise agreed upon, and losses will be borne in the same ratio. Regular financial statements will be prepared and shared with all Parties to ensure transparency in profit and loss allocation.
