Examples of Profit Share in a sentence
At the same time, the new value of Profit Share will not apply to the existing trading accounts of Copy Traders.
With the exception of the Profit Share allocation to the Special Limited Partner, no Limited Partner shall be entitled to any priority or preference over any other Limited Partner with regard to the return of contributions of capital or to the distribution of any profits or otherwise in the affairs of the Partnership.
For the purpose of this Paragraph 7(b)(3), Net Assets shall be determined without regard to (A) any Profit Share allocations to the Special Limited Partner pursuant to Paragraph 7(b)(4), (B) distributions and withdrawals described in Paragraph 7(b)(5), and (C) any contributions made to the Partnership by a Partner during such month.
If any Profit Share allocation is made to the Special Limited Partner with respect to New Trading Profits, and the Partnership thereafter incurs a net loss for a subsequent period, the Special Limited Partner will retain the Profit Share previously allocated in respect of New Trading Profits.
The Profit Share allocation shall be made to the Special Limited Partner within 10 business days following the end of each calendar quarter.