Profit or Loss. Profit or Loss shall be an amount computed for each Accounting Period as of the last day thereof that is equal to the Company’s taxable income or loss for such Accounting Period, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss, or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments:
Profit or Loss. 4.1. If the Range Spreads Underlying Asset’s Price is below the maximum Potential Price and above the minimum Potential Price (referred to as “In the Range”), during the time period from Start Time to Expiry Time (referred to as “During the Range”), which together are referred to as the “Boundaries”, a Potential Return can be achieved. The amount of your Potential Return on your Range Spreads Contract can be calculated as follows: Potential Return= ℎ ℎ “ ℎ ” ℎ “ ” ℎ “ ℎ ”
Profit or Loss. 4.1. If the Range Spreads Underlying Asset’s Price is below the maximum Potential Price and above the minimum Potential Price (referred to as “In the Range”), during the time period from Start Time to Expiry Time (referred to as “During the Range”), which together are referred to as the “Boundaries”, a Potential Return can be achieved. The amount of your Potential Return on your Range Spreads Contract can be calculated as follows: Potential Return= 𝑇ℎ𝑒 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑎𝑣𝑎𝑖𝑙𝑎𝑏𝑙𝑒 𝑃𝑟𝑖𝑐𝑒𝑠 𝑏𝑜𝑡ℎ “𝐼𝑛 𝑡ℎ𝑒 𝑅𝑎𝑛𝑔𝑒” 𝑋 𝑡ℎ𝑒 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑃𝑟𝑖𝑐𝑒𝑠 “𝐷𝑢𝑟𝑖𝑛𝑔 𝑡ℎ𝑒 𝑅𝑎𝑛𝑔𝑒” 𝑑𝑖𝑣𝑖𝑑𝑒𝑑 𝑏𝑦 𝑡ℎ𝑒 𝑡𝑜𝑡𝑎𝑙 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑃𝑟𝑖𝑐𝑒𝑠 “𝐷𝑢𝑟𝑖𝑛𝑔 𝑡ℎ𝑒 𝑅𝑎𝑛𝑔𝑒”
Profit or Loss. Can the worker make a profit or suffer a loss as a result of the work, aside from the money earned from the project? (This should involve real economic risks not just the risk of not getting paid.)
Profit or Loss. After giving effect to the special allocations set forth in Section 4.2., for any taxable year of the Partnership, Profit or Loss shall be allocated to the Interest Holders in proportion to their Percentages.
Profit or Loss. For purposes of Section 2.3 and Article 3, -------------- "profit or loss" refers to taxable income of the Partnership as computed under IRC Section 703, but taking into account also (i) any item of income exempt from tax, and (ii) any item of expense described in IRC Section 705(a)(2)(B) or treated as described in IRC Section 705(a)(2)(B) by Regulations promulgated under IRC Section 704(b) and excluding any items specially allocated pursuant to Sections 3.5 and 3.6 hereof.
Profit or Loss. At the end of each Fiscal Year of the Partnership, the Profit or Loss of the Partnership for such Fiscal Year shall be determined. After giving effect to any special allocations pursuant to Sections 6.02(b) and 6.03, the Profit or Loss for the Fiscal Year shall be allocated among the Partners so that to the extent possible, the net amounts of Profits and Losses and items specially allocated pursuant to Sections 6.02(b) and 6.03, allocated for such Fiscal Year and all preceding Fiscal Years to the General Partner as a class, and to the Limited Partners as a class, respectively, is equal in the case of each class to the amount that would be allocated to the class if the Profits and Losses and items so specially allocated for such Fiscal Year and all previous Fiscal Years were aggregated and the net result (the “Cumulative Profit” or “Cumulative Loss”) were allocated as follows:
Profit or Loss. Profits and Losses of the Company shall be determined and allocated with respect to each Accounting Period of the Company as of the last day thereof. Subject to the other provisions of this Section, an allocation to a Member of a share of Profits and Losses shall be treated as an allocation of the same share of each item of income, gain, loss and deduction that is taken into account in computing Profits and Losses.
Profit or Loss. All Profit and Loss shall be allocated to the Member.
Profit or Loss. 3 1.13 Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 1.14
