Actual Profit definition
Examples of Actual Profit in a sentence
If the 2017 Actual Profit is less than 80% of 2017 Target Profit, the Purchaser may exercise its redemption right in accordance with the Restated Articles.
If the Actual Profit Rate is greater than the Anticipated Profit Rate, the Wakil shall pay to the Muwakkil the Maturity Proceeds in accordance with Clause 3.4(a) and retain the excess as an incentive payment.
If the Wakil, at any time during the Wakalah Transaction Period, determines that the Actual Profit Rate in relation to a Wakalah Investment Transaction, may be lower than the Anticipated Profit Rate, the Wakil shall as soon as practicable notify the Muwakkil thereof in writing and indicate the revised Anticipated Profit Rate which the Wakil estimates that it will be able to achieve in relation to the remaining period of the relevant Wakalah Investment Transaction (the “Revised Anticipated Profit Rate”).
Pursuant to the Acquisition Agreement, in determining the second tranche and third tranche of the Consideration, FY2023 Actual Revenue, FY2023 Actual Profit, FY2024 Actual Revenue and FY2024 Actual Profit shall be referred to the audit report(s) on Zhejiang Taiding to be issued by an accounting firm agreed by the Vendor and the Purchaser.
If the actual rate of return (the Actual Profit Rate) exceeds the Anticipated Profit Rate, the Wakil may retain the excess as an incentive payment.