Profit Portion definition

Profit Portion means the profit margin based on the Ceiling Profit Rate (“CPR”) as set out in the Letter of Offer.
Profit Portion means the profit margin based on the CPR as set out in the Letter of Offer; Property means (i) the property which constitutes the purpose of the Facility as set out in the Letter of Offer comprising the Land, the Building and/or any building and fixture now or hereafter or from time to time erected thereon or affixed therein or any part or portion thereof and shall include all additions, replacement and renewals thereof whether made before or after the date of this Agreement; and (ii) where applicable shall include any Accessory Parcel appurtenant therein under the Applicable Acts; Proprietor means (where applicable) the party(ies) who have entered into an agreement with the Developer/Vendor for the sale and purchase of the Land and/or Building; Purchase Request means a request issued by the Customer(s) to the Bank to utilise the Facility as set out in the Letter of Offer;

Examples of Profit Portion in a sentence

  • However, if the Tawarruq has been entered into, any undisbursed portion of the Customer’s Selling Price(s) after the Availability Period shall be treated as prepayment of the Bank’s Selling Price(s) and the Profit Portion for the undisbursed portion shall be waived as Ibra’ as stated in Section 14.

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  • Bank’s Sale Price means the amount as stated in Section 11 of Schedule 1 hereto, payable by the Customer to the Bank in monthly instalments (“Monthly Payments”) as the sale price for the Assets which shall comprise of: (a) the Bank’s Purchase Price; and (b) the Profit Portion.

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  • Each month as Landlord receives payment of the Consideration from Assignee, Landlord agrees to pay to Assignor a portion of said Consideration ("Profit Portion") which is calculated as 50% of the -------------- Consideration after reducing said consideration by the sum of the following amounts: (a) the Credit, (b) the Base Rent for the Assigned Portion of the Premises.

  • If however, the Trade Transactions have been entered into, any undisbursed portion of the Customer’s Sale Price after the Availability Period will be treated as prepayment of the Bank’s Sale Price (principal portion) and the Profit Portion for the undisbursed portion will be waived as Ibra’ as stated in Clause 6.2 (Undertaking to give Ibra’ (Rebate)).

  • However, if the Tawarruq Transactions have been entered into, any undisbursed portion of the Customer(s)’ Sale Price after the Availability Period shall be treated as prepayment of the Bank’s Sale Price (Principal portion) and the Profit Portion for the undisbursed portion shall be waived as Ibra’ as stated in Clause 6.2.

  • Since we do not take any upfront cost from you for maintenance we deduct it from your Gross Profit Portion on daily basis and pass remaining net portion to you.

  • Any reference in this Letter of Offer to the "principal portion" of the Bank's Sale Price, refers to that part of the Bank's Sale Price representing the Bank's Purchase Price (and not the Profit Portion).

  • For any Prepayment Amount (defined in Clause 3(b) of this Appendix) made by the Customer(s) to the Bank pursuant to Clause 3 (b) of this Appendix, the Profit Portion calculated on the Prepayment Amount calculated from the date of receipt of the Prepayment Amount until end of Tenure or upon receipt of the Settlement Amount (for Early Settlement), or upon redrawal of the Prepayment Amount, whichever is earlier, will be waived by the Bank by way of rebate (Ibra').


More Definitions of Profit Portion

Profit Portion has the meaning set forth in Section 4.1.1(f);
Profit Portion means all Fees excluding the Cost Portion.
Profit Portion means the Bank’s profit margin based on the Contracted Profit Rate set out in the Letter Of Offer; Proprietor means (where applicable) the party(ies) who have entered into an agreement with the Developer/Vendor for the sale and purchase of theProperty;
Profit Portion means, in respect of LP3 or LP4, the ratio between (i) the Contributions made by LP3 or LP4 (as the case may be); and (ii) the Contributions made by LP3 and LP4 in aggregate, in each case, as at the date on which the profit portion is being calculated
Profit Portion means, with respect to any month commencing with -------------- the first calendar month after the Second Capital Contribution Date, the portion of the Management Fee equal to the excess of (1) 1.5% of gross revenues of the Project for such month over (ii) the Cost Portion for such month.

Related to Profit Portion

  • Significant Portion means, for purposes of the casualty provisions set forth in Article XI hereof, damage by fire or other casualty to the Real Property and the Improvements or a portion thereof, the cost of which to repair would exceed ten percent (10%) of the Purchase Price.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Moderate income housing means housing affordable,

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses for the quarter (including the base management fee, expenses payable under the administration agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the incentive fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Company has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.