Actual Profit Rate definition

Actual Profit Rate means, in relation to a Wakalah Investment Transaction, the profit rate actually achieved by the Wakil during and upon the maturity of the relevant Wakalah Transaction Period by investing the Investment Amount for and on behalf of the Muwakkil in accordance with the provisions of this Agreement.
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Actual Profit Rate means the Actual Profit expressed as an annual rate of return;
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Actual Profit Rate means, in relation to a Wakala Investment, the profit rate actually achieved by the Wakil during and upon the maturity of the relevant Wakala Transaction Period by investing the Investment Amount for and on behalf of the Muwakkil in accordance with the provisions of these Wakala Terms.
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Examples of Actual Profit Rate in a sentence

  • 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”).

  • The ESMF document includes a generic EMP and sample templates for monitoring environmental and social risks that will be applied, customized and further developed for each specific sub- project, and applied during the construction design stages.

  • If, however, the Anticipated Profit Rate is not met, the Wakil shall only be under an obligation to return the Actual Profit Rate.

  • 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 4.4(a) and retain the excess as an incentive payment.

  • If the Wakil, at any time during the Wakala Transaction Period, determines that the Actual Profit Rate in relation to a Wakala Investment, may be lower than the Anticipated Profit Rate, the Wakil shall as soon as practicable notify the Muwakkil thereof by way of the ila App 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 Wakala Investment (the “Revised Anticipated Profit Rate”).

  • The Wakil shall not propose to enter into a Wakala Investment unless it reasonably and genuinely believes, after due inquiry with respect to market conditions, past performance and future projections, that the Actual Profit Rate, in relation to the relevant Wakala Investment, will be equal to or greater than the Anticipated Profit Rate.

  • The Advance Profit Payment will be calculated based on the Expected Profit Rate declared in this document, however, the calculation of the Actual Profit Rate will take place at the end of he relevant Wakala Notes Period and accordingly the Actual Profit will be determined.

  • With respect to the H-2A program, the INA broadly authorizes the Secretary of Labor totake such actions, including imposing appropriate penalties and seeking appropriate injunctive relief and specific performance of contractual obligations, as may be necessary to assure employer compliance with terms and conditions of employment.111More limited language added to the INA in 2005 applies to the H-2B program.

  • Where the Wakil determines that the Actual Profit Rate may be lower than the Anticipated Profit Rate, it is under an obligation to notify the Muwakkil of the Revised Anticipated Profit Rate.5. Wakil Fee: Wakil is entitled to a fee which is to be fixed and not linked to the Actual/Anticipated Profit Rate.


More Definitions of Actual Profit Rate

Actual Profit Rate means the annual amount of profit (expressed as a rate of return) achieved by the investment of funds placed in your Sirat Fixed Term Deposit as calculated by the Bank from time to time;
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Actual Profit Rate means a rate expressed as a percentage rate per annum which is determined by BEALF in its sole discretion on each Profit Payment Date taking into account the Expected Profit Rate, the Net Eligible Asset Returns generated in the immediately preceding Expected Profit Rate Period as well as money market and monetary conditions more generally including the rate of return on other Bank facilities;
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Related to Actual Profit Rate

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Rate Year means July 1st of a given Calendar Year through June 30th of the succeeding Calendar Year.

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.