Agreed Profit definition

Agreed Profit shall have the meaning set forth in Section 7.2(c)(i).

Agreed Profit shall have the meaning ascribed to the term in Section 5.4 hereof.

Agreed Profit means, for any Transaction, an amount determined by TCO in accordance with this Agreement to be the sum of (i) the product of the Profit Rate multiplied by the Purchase Price of the Metals covered by such Transaction multiplied by the actual number of days from the Value Date for such Transaction to the Transaction Payment Date for such Transaction and dividing such product by 360, and (ii) the Supplemental Profit for such Transaction.

Examples of Agreed Profit in a sentence

• Agreed Profit shall have the meanings ascribed to the term in Sections 5.4, 5.5 and 5.7 hereof.

• After the end of each Development Period, the monthly billing of lignite sold and delivered from Coteau's Mine to which such Development Period related in each calendar month shall be based upon the estimated Cost of Production applicable to Coteau's Mine during such month, plus the Agreed Profit on lignite mined from Coteau's Mine for such month.

• The Agreed Profit rate to which such reductions shall be made shall be the average Agreed Profit rate, before said adjustment, paid by Dakota to Coteau during the month in which the Sub-Quality Lignite is severed by Coteau and sold and delivered to Dakota hereunder.

• As soon as possible after the expiration of each calendar year, the Agreed Profit shall be recomputed on an annual basis for such calendar year and additional payment or refund shall be made accordingly.

• It stands at the corner of Chesterfield Hill and Farm Street, opposite a Grade II listed public house,within the Mayfair Conservation Area.

More Definitions of Agreed Profit

Agreed Profit means “Agreed Profit” as defined in the Commodities Purchase Agreement, the Luxco Commodities Purchase Agreement and in the Second Lien Commodities Purchase Agreement, as applicable.

Agreed Profit means an amount equal to $2,000,000.

Agreed Profit has the meaning set forth in the Commodities Purchase Agreement and the Second Lien Commodities Purchase Agreement, as applicable.

Agreed Profit shall have the meaning assigned to such term term in the Tensar Holdings Commdodities Purchase Agreement, the Second Lien Commodities Purchase Agreement or the Commodities Purchase Agreement, as applicable.

Agreed Profit means, for any Transaction, an amount determined by TCH in accordance with this Agreement to be the sum of (i) the product of the Profit Rate multiplied by the Purchase Price of the Metals covered by such Transaction multiplied by the actual number of days from the Value Date for such Transaction to the Transaction Payment Date for such Transaction and dividing such product by 360, and (ii) the Supplemental Profit for such Transaction.

Agreed Profit means, (i) for any Metals Transaction, an amount determined by TCO by taking the product of the Profit Rate multiplied by the Metals Transaction Purchase Price of the Metals covered by such Metals Transaction multiplied by the actual number of days from the Value Date for such Metals Transaction to the Payment Date for such Metals Transaction and dividing such product by 360; and (ii) for any Goods Transaction, an amount determined by TCO equal to the Stated Rate times the Goods Purchase Price times the number of days from the Value Date to the last date for the completion of the purchase of the Goods, as specified by Tensar in the related Goods Purchase Request.

Agreed Profit set forth in Schedule 1 of the Lease Agreement is hereby amended and restated as follows: