Sharing of Profits and Losses. Net profits and losses of the partnership shall inure to, and be borne by, the partners in proportion to the value of each of their capital accounts.
Sharing of Profits and Losses. Net profits and losses of the partnership shall inure to, and be borne by partners in proportion to the value of each of their capital accounts Books of Accounts: Books of account of the transactions of the partnership shall be kept and at all times be available and open to inspection and examination by any partner. Annual Accounting: Each calendar year, a full and complete account of the condition of the partnership shall be made to the partners.
Sharing of Profits and Losses. Net profits and losses of PI shall inure to and be borne by the partners, in proportion to the value of each of their capital accounts. Income and expenses will be allocated to each partner on the date they occur, based on the number of units of ownership each partner has on that date.
Sharing of Profits and Losses. As provided in the Agreement, the Parties share equally (50%/50%) the Profit or Loss for each quarterly period.
Sharing of Profits and Losses. The profits and losses of CarbonMeta Green Building Materials, LLC shall be allocated among the members on the basis of each member’s relative capital accounts.
Sharing of Profits and Losses. After the consent of the company by the registration authority and the registration of shareholder change, Party B shall become the shareholder of Guangxi Yousen Network Technology Co., Ltd., and share the profits and losses of the company according to the proportion of capital contribution and the articles of association.
Sharing of Profits and Losses. 6. The profits and losses of the business (including loss of capital shall be divided and borne by the partners in equal shares. Remuneration of Working Partners
Sharing of Profits and Losses. The partners must share all the profits of the partnership, and bear all its losses in accordance with their interests as per par 4.2.
Sharing of Profits and Losses. Net profits and losses, whether they be capital, interest, dividend or other, of the Club shall inure to, and be borne by, the Members, in proportion to their Unit ownership at year end.
Sharing of Profits and Losses. Net profits and losses of the JV shall inure to, and be borne by all parties in proportion to the value of each of their capital accounts Books of Accounts: Books of account of the transactions of the JV shall be kept and at all times be available and open to inspection and examination by all or any party. Annual Accounting: Each calendar year, a full and complete account of the condition of the JV shall be made by nominated party.
