Anticipated Profit definition

Anticipated Profit means the profit that is expected to be generated from the Investment as specified in the Wakala Deposit Form;

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Anticipated Profit means, in relation to any Wakala Transaction, the profit anticipated by the Wakil to be made with the relevant Investment Amount and as specified in paragraph 4 of the relevant Wakil Offer;

Anticipated Profit means the profit that is expected to be generated from the Investment as specified in the Wakala Deposit Form but it must be known that the Bank cannot assure or guarantee a fixed profit rate or amount that the Customer will receive under the Wakala Deposit(s) or pursuant to the Agreement.

Examples of Anticipated Profit in a sentence

If the Wakil decides in its absolute discretion to accept any request by the Muwakkil for premature encashment of a Wakala Transaction, then the Wakil shall send a written notice to the Muwakkil in the form attached at Schedule 3 and the Wakala Transaction shall be subject to a revision of any Anticipated Profit Rate and administrative charges applicable to such a Wakala Transaction.
We will invest the Investment Amount internally through our Treasury Department in a ▇▇▇▇▇’a compliant transactions expected to generate for you in aggregate an Anticipated Profit equal to: % per annum.
In this event, the Wakil shall accept such request and terminate the relevant Wakala Transaction by sending to the Muwakkil a notice in the form attached at Schedule 3 and, accordingly, the relevant Wakala Transaction shall terminate and be subject to a revision of any Anticipated Profit Rate and applicable administrative charges Noor Bank PJSC ▇.▇.
In the event that the Group decides to hold its Event at the Hotel despite the changes, the Hotel shall (i) waive all fees stated in this Agreement, including Attrition Fees, function space fees and Food & Beverage Minimum, or (ii) pay to the Group ten percent (10%) of the Hotel’s Total Anticipated Profit as stated in Section 10.1 hereto, whichever is greater.
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”).
For and on behalf of Any profit exceeding that generated in accordance with the Anticipated Profit Rate shall be for the account of the Wakil as an incentive fee.
The Bank may, at its discretion and without obligation, cover the difference between the Maturity Proceed and the Anticipated Profit Amount.
In this event, the Wakil shall accept such request and terminate the relevant Wakala Transaction by sending to the Muwakkil a notice in the form attached at Schedule 3 and, accordingly, the relevant Wakala Transaction shall terminate and be subject to a revision of any Anticipated Profit Rate and applicable administrative charges.
In the event that the Group decides to hold its Event at the Hotel despite the changes, the Hotel shall (i) waive all fees stated in this Agreement, including Attrition Fees, function space fees and Food & Beverage Minimum, or (ii) pay to the Group 10% of the Hotel’s Total Anticipated Profit as stated in Section 10.1 hereto, whichever is greater.

More Definitions of Anticipated Profit

Anticipated Profit means the estimated profit amount to be earned by the Muwakkil (principal) over and above the Wakala Amount, as specified in BML Islamic Schedule of Charges and Fees with relation to a Wakala Transaction.

Anticipated Profit means the estimated profit amount to be earned by the Muwakkil, as specified in Offer and Acceptance.

Anticipated Profit means the expected profit amount to be earned by the Muwakkil, as specified in Schedule (1) Wakil Offer and Muwakil Acceptance.

Anticipated Profit means the indicative Sukuk Holder Profit Entitlement of the Sukuk Holder in the Distributable Profit as per the Profit-Sharing Ratios, as set out in the Additional Terms and Conditions (specific to the Sukuk Type), subject to Reference Period Incentive.

Anticipated Profit means the expected profits as notified by the Finance Division from time to time for the purpose of periodic profit distribution subject to adjustment in view of actual profit;