Common use of Profit Payments Clause in Contracts

Profit Payments. Certain payments (each such payment, a “Profit Payment”) equal to [·]% of the Net Operating Profit (as defined below) of the Oaktree Operating Group (as defined below) with respect to each fiscal year of Oaktree.

Appears in 1 contract

Samples: Letter Agreement (Oaktree Capital Group, LLC)

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Profit Payments. Certain payments (each such payment, a “Profit Payment”) equal to [·]% ]% of the Net Operating Profit (as defined below) of the Oaktree Operating Group (as defined below) with respect to each fiscal year of Oaktree.

Appears in 1 contract

Samples: Letter Agreement

Profit Payments. Certain payments (each such payment, a “Profit Payment”) equal to [·]% •]% of the Net Operating Profit (as defined below) of the Oaktree Operating Group (as defined below) with respect to each fiscal year of Oaktree.

Appears in 1 contract

Samples: Letter Agreement (Oaktree Capital Group, LLC)

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Profit Payments. Certain payments (each such payment, a “Profit Payment”) equal to [·]% of the Net Operating Profit (as defined below) of the Oaktree Operating Group (as defined below) with respect to each fiscal year of Oaktree.

Appears in 1 contract

Samples: Letter Agreement (Oaktree Capital Group, LLC)

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