Profit Component definition

Profit Component means Cash in excess of the cost of property sold, licensed, contributed or otherwise transferred, as applicable, by the Borrower, directly or indirectly, pursuant to a Contractual Obligation in connection with such Investment (with non-exclusive licenses with regional exclusivity of IP Rights being deemed to have no cost for purposes of such calculation) and (ii) such profit component shall only be deducted when actually received in Cash by a Loan Party. Neither

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Profit Component means Cash in excess of the cost of property sold, licensed, contributed or otherwise transferred, as applicable, by the Borrower, directly or indirectly, pursuant to a Contractual Obligation in connection with such Investment (with non-exclusive licenses with regional exclusivity of IP Rights being deemed to have no cost for purposes of such calculation) and (ii) such profit component shall only be deducted when actually received in Cash by a Loan Party. No payment pursuant to and in accordance with the terms of Renewable Project Contractual Obligations made by the Borrower or a Subsidiary that is in each case party to such Renewable Project Contractual Obligation pursuant to which such Person owns, operates, develops or constructs one or more Renewable Energy Systems shall be deemed to constitute an Investment.

Profit Component means a markup of the costs incurred in providing such program or service, but shall specifically not include the cost of capital, research, acquisition and development expenses or allocations of corporate overhead directly or indirectly related to such program or service. The intent of such overhead allocation policy is to charge for a program or service provided by a Related Person in a manner designed to allow recovery of the costs of developing or delivering such program or service, and not to provide for a Profit Component. Notwithstanding the foregoing, at any particular time, there may be a surplus or deficit of funds associated with certain programs or services. Owner acknowledges that retention of such funds for use at a later date (including interest earned thereon) shall not constitute a “Profit Component.”

Examples of Profit Component in a sentence

• The Parties agree that the change order price adjustment (downward or upward) for any change shall be equal to the sum of (i) the "Change Order Cost" plus (ii) the "Change Order Profit Component".

• Profit Component (which is non-contingent), and except as provided in Paragraph 6.

• Over a period of 3 ½ years commencing upon the signing of the AFRC, Sudan shall receive a Total Net Cash Transfer from South Sudan amounting to approximately $3.245 billion comprising of a Direct Financial Contribution, Transit Fees and a CPF Profit Component.

• Subject to Section 6.3.2.3 through 6.3.2.6, Buyer shall be obligated to pay to Contractor the Incentives Obligation and any Change Order Profit Component (if applicable), as follows: Buyer shall pay Contractor an equal monthly payment that, when calculated on a net present value basis to the Commencement Date using the Incentives Interest Rate, equals the total amount of Incentives Obligations plus Change Order Profit Component due hereunder.

• Subject to Section 6.3.2.3 through 6.3.2.6, Buyer shall be obligated to pay to Contractor the Incentives Obligation and any Change Order Profit Component (if applicable), as follows: Buyer shall pay Contractor equal monthly payments that, when summed on a net present value basis to the Commencement Date using the Incentives Interest Rate, equals the total amount of Incentives Obligations plus Change Order Profit Component due hereunder.

• If the 1998 Net Pretax Profit exceeds One Million Eight Hundred Thousand Dollars ($1,800,000), STG shall deliver to the Selling Shareholders, pursuant to Section hereof, an Earn-Out Payment to be paid to the Selling Shareholders equal to 75% of the Year 1 Profit Component (together, the "1998 Earn-Out Payment").

• PANAMSAT AND ▇▇▇▇▇▇ PROPRIETARY INFORMATION SUBJECT TO RESTRICTIONS ON CONTRACT TITLE PAGE Buyer shall be obligated to pay to Contractor the Incentives Obligation and any Change Order Profit Component (if applicable), as follows: Buyer shall pay Contractor equal monthly payments that, when summed on a net present value basis to the Commencement Date using the Incentives Interest Rate, equals the total amount of Incentives Obligations plus Change Order Profit Component due hereunder.

• Similarly, the portion of the Purchase Price and the portion of the Holdback Escrow Amount allocated to the Profit Component of Hotel Sierra® ▇▇▇▇▇▇▇▇▇▇ will not be paid until Completion of the Hotel Sierra® ▇▇▇▇▇▇▇▇▇▇.

• As soon as reasonably practical after January, 1, 2012, but in any event no later than March 31, 2012, Buyer shall furnish to the Stockholder Representative a statement (the “Component Statement”) setting forth the Buyer’s determination of (i) the Gross Profit Component and (ii) the EBITDA Component.

• In addition, at the Release Date the Escrow Agent will pay the Net Profit Component to the applicable Seller.

More Definitions of Profit Component

Profit Component means an amount to be paid by City to Developer at Closing as part of the Purchase Price equal to the sum of (a) ten percent (10%) of (i) the Base Building GMP Component, (ii) the Land Component and (iii) the Soft Cost Component and (b) the Space Improvements Profit Component, provided that in no event shall the Profit Component be less than the Minimum Profit Component Amount or greater than the Maximum Profit Component Amount.

Profit Component means the applicable amount set forth on Schedule 17.4(a)-A corresponding to the effective date of termination of the Agreement. In the case of a termination of a Service Category under the Agreement in which the Profit Component is to be paid, the amount of Profit Component payable (subject to the election in Section 2(f) below) shall be in proportion to the relative revenue in respect of such terminated Service Category.

Profit Component has the meaning set forth in Appendix 7.1(b).

Profit Component means ****

Profit Component means Cash in excess of the cost of property sold, licensed, contributed or otherwise transferred, as applicable, by the Borrower, directly or indirectly, pursuant to a Contractual Obligation in connection with such Investment (with non-exclusive licenses with regional exclusivity of IP Rights being deemed to have no cost for purposes of such calculation) and (ii) such profit component shall only be deducted when actually received in Cash by a Loan Party. For the avoidance of doubt, nNeither (i) any Permitted Project Undertakings nor any payment pursuant to and in accordance with the terms of Solar Project Contractual Obligations made by the Borrower or a Subsidiary that is in each case party to such Solar Project Contractual Obligation pursuant to which such Person owns, operates, develops or constructs one or more Solar Energy Systems nor (ii) any loan, advance, deposit or capital contribution of common stock of the Borrower shall be deemed to constitute an Investment.