Profit Participation definition

Profit Participation means a portion of Profits equal to the amount designated in Schedule A6 of Schedule A. “Profits” shall be defined and calculated as follows:

Profit Participation means the Partner's proportionate share of Net Income, expressed as a percentage, in a gain year adjusted pursuant to Section 6.2.

Profit Participation means the amount, as customarily determined by the Borrower, of all obligations (other than Residuals and Deferred Payments) payable by the Borrower and/or its Subsidiaries as compensation for talent or to producers and for similar services in connection with the development, acquisition, production, financing, distribution, exhibition or exploitation of Films or rights with respect thereto, the payment of which is contingent upon or triggered by and payable only to the extent of the receipt by the Borrower or any Subsidiary, as the case may be, of revenues from the exploitation of such Film or such rights.

Examples of Profit Participation in a sentence

• Within the limitations set forth in Paragraph 2 above, Agency may increase or decrease the balance in Agency’s Flex- Plan Account at any time during each Profit Participation Month.

• The Profit Participation will first be determined and paid for the 2013 fiscal year, and, therefore, will first be payable on May 15, 2014.

• Defined contribution retirement plans will be provided, under the existing Magna Retirement Savings Program (including the Employee Equity and Profit Participation Program and the Group RRSP).

• The Profit Participation will be determined annually after the Company’s financial results are audited and, when and if declared, will be announced on March 31 and paid on May 15.

• In addition to the other Pass-Through Items specified in this Agreement, if and to the extent required to be paid by the Company under the Laws of Pakistan, the Company shall be entitled to recover as a Pass-Through Item payments by the Company into the Workers’ Welfare Fund and the Workers’ Profit Participation Fund for its employees paid in accordance with the Laws of Pakistan.

More Definitions of Profit Participation

Profit Participation has the meaning assigned in Section 7(b).

Profit Participation means the sums payable to City under Section 8.1.2 below (excluding any appraisal costs described therein).

Profit Participation means the rights under that certain Profits Participation Agreement (After Termination of GECC Agreement), dated May 31, 1993, between Fort Austin Limited Partnership and Thomxx X. Xxxxx, Xx.

Profit Participation shall, with respect to any Transfer, mean the greater of (i) ten percent (10%) of the Net Profit with respect to such Transfer, or (ii) the Minimum Payment with respect such Transfer; provided however that the Profit Participation for the last Partial Transfer to occur shall not cause the aggregate of all Profit Participation payments to exceed the greater of Eight Million Dollars ($8,000,000) or ten percent (10%) of the Net Profit with respect to all Transfers (calculated based on the aggregate Sale Consideration from all Partial Transfers less aggregate final Project Costs for the entire Project).

Profit Participation means Fifty Percent (50%) of the Net Income earned by Maker from the construction and sale of the Homes and related assets, and the provisions of services, in the Development. The Profit Participation may be reduced pursuant to Paragraph 2(c) hereof.

Profit Participation means, for any given calendar year during the Profit-Sharing Term, fifty percent of the Earnings of Class Policies for that calendar year, which amount shall be provided to successful Claimants in the Claim Evaluation Process (and, as described in Section IV.B.4 below, potentially to Non-Claimants) through a Level One Payment, a Level Two Payment and/or a Level Three Payment, each as described in Section IV.B below; provided however, that if the Aggregate CEP Relief exceeds $21 million, the percentage of Earnings of Class Policies constituting Profit Participation shall be increased by one percent (or a fraction thereof) for each $500,000 (or fraction thereof) in excess, up to a maximum of 60 percent, until such time as all CEP Awards have been fully paid, after which the percentage shall return to 50 percent.

Profit Participation means the amount, as customarily determined by the Borrowers or either of them, of all obligations (other than Residuals and Deferred Payments) payable by any MGM/Orion Company as compensation for talent or to producers and for similar services in connection with the development, acquisition, production, financing, distribution, exhibition or exploitation of Films or rights with respect thereto, the payment of which is contingent upon or triggered by and payable only to the extent of the receipt by any MGM/Orion Company, as the case may be, of revenues from the exploitation of such Film or such rights.