Profit Period definition

Profit Period means each profit period as determined pursuant to the Facility Letter.

Profit Period is defined in Section 3.02.

Profit Period means, unless otherwise specified in the applicable FinalTerms, the period beginning on and including the Profit Commencement Date to but excluding the first Specified Profit Payment Date and each successive period beginning on and including a Specified Profit Payment Date to but excluding the next succeeding Specified Profit Payment Date;

Examples of Profit Period in a sentence

• Where any Periodic Distribution Date or Profit Period Date is subject to adjustment pursuant to Condition 7(b)(ii), the Profit Amounts and the Periodic Distribution Date so published may subsequently be amended (or appropriate alternative arrangements made with the consent of the Delegate by way of adjustment) without notice in the event of an extension or shortening of the Periodic Distribution Period.

• The last Profit Period runs from 1 January of the year in which the Termination Date occurs and ends on the Termination Date (both days inclusive).

• Where any Periodic Distribution Date or Profit Period Date is subject to adjustment pursuant to Condition 7.7 (Business Day Convention), the Periodic Distribution Amounts and the Periodic Distribution Date so published may subsequently be amended (or appropriate alternative arrangements made with the consent of the Delegate by way of adjustment) without notice in the event of an extension or shortening of the Return Accumulation Period.

• The last Profit Period shall not exceed the expiry of Facility Tenure.

• Where any Periodic Distribution Date or Profit Period Date is subject to adjustment pursuant to Condition 8(b)(ii), the Profit Amounts and the Periodic Distribution Date so published may subsequently be amended (or appropriate alternative arrangements made with the consent of the Delegate by way of adjustment) without notice in the event of an extension or shortening of the Periodic Distribution Period.

More Definitions of Profit Period

Profit Period means an accounting period by reference to which any profit-related pay is calcuated;

Profit Period means in relation to Additional Commodity Murabahah Transactions, each period specified as such in the Confirmation, or if none is specified, the period commencing from and including one Profit Payment Date (or the Start Date in the case of the first Profit Period) to but excluding the immediately following Profit Payment Date (or the Maturity Date in the case of the final Profit Period).

Profit Period has the meaning given in clause 5.2(a)(ii)(A).

Profit Period means each period beginning on (and including) the immediately preceding Profit Payment Date and ending on (but excluding) the next succeeding Profit Payment Date or such other periods as determined by BEALF;

Profit Period means a period of 12 months falling within the [Initial Term/Term] and ending on the Account Date but:

Profit Period means the period from the First Purchase Date to the Statement Date after such First Purchase Date.

Profit Period means each period beginning on (and including) the Profit Commencement Date or any Profit Payment Date and ending on (but excluding) the next Profit Payment Date;