Profit Sharing Agreement definition
Profit Sharing Agreement means that certain Profit Sharing Agreement, dated as of September 1, 2016, by and between AIG and NSM Insurance Group, LLC.
Profit Sharing Agreement means the profit sharing agreement, dated as of December 11, 2009, as amended by amendment no. one dated as of June 17, 2013, among OSG, OSG America, L.P., and the Issuer.
Profit Sharing Agreement shall have the meaning set forth in Section 4.2(a).
Examples of Profit Sharing Agreement in a sentence
The Profit Sharing Agreement, dated as of November 3, 2016, by and between GECM and GP Corp shall be amended by the letter agreement in the form of Annex 3 on the Effective Date.
GP Corp and MCM hereby agree that all references to “Note” under that certain Collateral Assignment of Profit Sharing Agreement, dated as of November 3, 2016, between GP Corp and MCM shall be amended to refer to the Amended Note, and the same is hereby acknowledged by GECM.
In the event of any conflict or inconsistency between the terms of the Profit Sharing Agreement and Purchase Agreement and the terms hereof, the terms of the Profit Sharing Agreement or Purchase Agreement, as applicable, shall govern.
The parties acknowledge and agree that the representations, warranties, covenants, agreements and indemnities contained in the Profit Sharing Agreement and the Purchase Agreement shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein.
Definitive Supply and Profit Sharing Agreement between Uncle Matt’s Organic, Inc.
More Definitions of Profit Sharing Agreement
Profit Sharing Agreement means that certain Profit Sharing Agreement, dated as of December 11, 2009, as amended pursuant to Amendment No. One to Profit Sharing Agreement, dated as of June 17, 2013, in each case, by and among Holdings, American Tanker, Inc., a Delaware corporation (f/k/a A▇▇▇ American Shipping, Inc.) and the other parties signatory thereto, as in effect on the date hereof.
Profit Sharing Agreement means the Profit Sharing Agreement, dated as of January 10, 1996, between Desert Princess, Borrower and Lender.
Profit Sharing Agreement means, as applicable, either the agreement entered into between the Lux Issuer and the Company in order to distribute upstream the Class A Participating Share Profits Pool to the Lux Issuer and ultimately to the investors in the Lux Issuer, or such agreement or arrangement entered into between the Nevada Issuer and the Company in order to distribute upstream the Class B Participating Share Profits Pool to the Nevada Issuer and ultimately to the investors in the Nevada Issuer.
Profit Sharing Agreement means an agreement to reflect the business understanding for the Harrow Facility and the Harrow Phase 3 Land between the Parties that Purchaser shall have all benefits and burdens of the ownership thereof, including: (A) the right to receive or retain any profits obtained by any Seller Party or Purchaser upon the sale or transfer of the Harrow Facility and the Harrow Phase 3 Land, together with any funds received under any overage agreement or other uplift with respect to the Harrow Facility and the Harrow Phase 3 Land themselves and any other real property transferred to Land Securities pursuant to the agreements between Seller and Land Securities including any overage payable pursuant to an Overage Deed dated 25 February 2010 and made between Kodak Limited (1) ▇▇ ▇▇▇▇▇▇ Properties Limited (2) and LS London Holdings One Limited (3); provided, however, in determining profits only those reasonable costs and expenses incurred after the Closing with respect to the Harrow Facility and the Harrow Phase 3 Land shall be deducted (and those costs shall include the costs of building a new access road to the Retained Land in accordance with the terms of the Permitted Lease), (B) control over the transfer and/or operation of the Harrow Facility and the Harrow Phase 3 Land (including any works (including demolition) required prior to any sale and/or transfer); and (C) if and when possible, a transfer of the freehold interest in the Harrow Facility and the Harrow Phase 3 Land (and the Real Property associated therewith) to Purchaser for no additional consideration.
Profit Sharing Agreement means any agreement or arrangement
Profit Sharing Agreement means the agreement dated the Effective Date pursuant to which the Purchaser agrees to pay 10% of EBIT for a period of three years from the date of receipt of the HC Licence.
Profit Sharing Agreement means an agreement between the Lender, the Borrower and the Parent, in form and substance satisfactory to the Lender and secured by the assets of the Borrower, providing, among other things, that (i) 20% of the net profits of the Borrower are paid to the Lender, unless a Refinance Event has occurred, whereupon 10% of the net profits of the Borrower are paid to the Lender provided that the Borrower may terminate such profit sharing with a payment of Five Hundred Thousand and No/100 Dollars ($500,000.00) within one (1) year from the Closing Date, a payment of One Million Five Hundred Thousand and No/100 Dollars ($1,500,000.00) between the end of the first year and end of the second year following the Closing Date, and a payment of Three Million and No/100 Dollars ($3,000,000.00) thereafter, and (ii) the Lender shall have the right participate in any debt or equity raised by the Borrower, the Parent or any Affiliate thereof with such right expiring one (1) year after repayment in full of the Loan.