Realized Profits definition
Realized Profits and “Realized Losses” means your profits or Losses (as appropriate) which result on expiry or closure of an Open Position.
Realized Profits means, at any time, any positive amount produced by deducting (i) the aggregate of the Dollar Countervalues of any payment remaining unpaid (whether or not such payment or amount is due) which has been crystallized as being payable by you consequent to the squaring, termination or closing out (wholly or in part) of any Contract for Precious Metal trading, from (ii) the aggregate Dollar Countervalue of any such obligations payable by us and the “Realized Losses”, at any time, means the positive value of any negative amount produced by such calculation. For this purpose the Dollar Countervalue shall be for value on the date the relevant payment falls due.
Realized Profits means the number, not less than zero, equal to (i) the gross proceeds of any and all dispositions of the Shares by Account P, minus (ii) the sum of (x) the amount of capital invested (including transaction fees and expenses incurred by Account P to the extent not reimbursed by Seller), plus (y) an amount equal to the reporting fees paid pursuant to paragraph 2, above, plus (z) in the case of this section 3(a) only, an amount of profit necessary to attain an internal rate of return on invested capital equal to nine percent (9%) per annum;
Examples of Realized Profits in a sentence
We may elect to do so by withholding any such amounts from your Realized Profits.
The Purchaser shall reimburse all the Realized Profits to Sellers after reconciling NSFX accounts following IFRS accrual accounting standards.
The Purchaser acknowledges that the Sellers are entitled to the Realized Profits at the Effective Date.