Common use of Profits Distribution Clause in Contracts

Profits Distribution. The net profits of the joint investment pool shall be distributed amongst the shareholders and depositors according to their respective weightages in the invested funds. The Bank, as Mudharib, shall be entitled to {90%} of the depositors' net profits.

Appears in 2 contracts

Samples: Banking Services Agreement, Banking Services Agreement

AutoNDA by SimpleDocs

Profits Distribution. The net profits profits of the joint investment pool shall be distributed amongst the shareholders and depositors according to their respective weightages in the invested funds. The Bank, as Mudharib, shall be entitled to {90%} of the depositors' net profitsprofits.

Appears in 1 contract

Samples: Banking Services Agreement

Profits Distribution. The net profits of the joint investment pool shall be distributed amongst the shareholders and depositors according to their respective weightages in the invested funds. The Bank, as Mudharib, shall be entitled to {90%} a percentage of the depositors' net profitsprofits as notified and displayed at the branches of the Bank.

Appears in 1 contract

Samples: Banking Services Agreement

AutoNDA by SimpleDocs

Profits Distribution. The net profits profits of the joint investment pool shall be distributed amongst the shareholders and depositors according to their respective weightages in the invested funds. The Bank, as MudharibMudarib, shall be entitled to {90%} of the depositors' net profitsprofits.

Appears in 1 contract

Samples: Banking Services Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.