Allocation Method Sample Clauses
The Allocation Method clause defines how costs, revenues, or other financial responsibilities are distributed among the parties involved in an agreement. Typically, this clause outlines the specific formula, percentages, or criteria used to divide shared expenses or profits, such as splitting utility costs based on square footage or allocating project revenues according to each party's investment. Its core practical function is to ensure transparency and fairness in financial dealings, preventing disputes by clearly establishing each party's share and obligations.
Allocation Method. (Choose one of a. or b.):
a. [ ] All the same. Using the same allocation method as applies to the Signatory Employer under this Election 28.
b. [ ] At least one different. Under the following allocation method(s): .
Allocation Method. The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose one of a., b., c., or d.):
a. [ ] Pro rata.
b. [ ] Flat dollar.
c. [ ] Reverse. See Section 3.04(C)(3).
d. [ ] Describe:
Allocation Method. For purposes of determining the Profits, Losses or any other items allocable to any period, Profits, Losses and any such other items shall be determined on a daily, monthly, or other basis, as determined by the Managers using any permissible method under Code Section 706 and the Regulations under it.
Allocation Method. Investment earnings and losses will be allocated to each Participant’s Account in a non-discriminatory manner in accordance with the terms of Section 3.12 of the Basic Plan.
Allocation Method. The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose a., b., c. or d.):
a. Pro Rata.
Allocation Method. The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose a., b., c. or d.):
a. [ ] Pro rata.
b. [ ] Flat dollar.
c. [ ] Reverse. See Section 3.04(C)(3).
d. [ ] Describe: . [Note: Any allocation method the Employer elects under Election 27(b)(3)d. must be definitely determinable. See Section 4.10(C) as to targeting limitations applicable to QNEC nondiscrimination testing.]
Allocation Method. In order to determine that portion of the Tax ----------------- liability (other than Restructuring Taxes) due with respect to any Consolidated Return which is the subject of this Agreement that is allocable to a Party, the Parties agree to determine and allocate such Tax liability among themselves in the following manner:
(a) All Consolidated Return Tax liabilities of any member or members of the GCI Group for any taxable period (or portion thereof) ending on or before the Distribution Date shall be allocated to New GranCare and the other members of the New GranCare Group.
(b) All Consolidated Return Tax liabilities for taxable periods that include but do not end on the Distribution Date ("Straddle Periods") shall be allocated between that portion of the period that ends on the Distribution Date and the subsequent portion of the period based upon a closing of the books and computations of separate hypothetical Tax liabilities for such portions. The Consolidated Return Tax liability for the relevant Straddle Period shall be allocated to the portions of the Straddle Period in the ratio of the portion's hypothetical Tax liability to the sum of the portions' hypothetical Tax liabilities, and then the portions allocated to each of such periods shall be further allocated among the Parties in accordance with the method described in Section 1552(a)(2) of the Code, except that all Consolidated Return Tax liabilities allocable under this Section 3.1(b) to any member or members of the GCI Group for any taxable period (or portion thereof) ending on the Distribution Date shall be allocated to New GranCare and the other members of the New GranCare Group.
(c) If the Tax liability with respect to a Consolidated Return is adjusted for any taxable period, whether by means of an amended return, claim for refund, or assessment by a taxing authority, the liability of each Party shall be recomputed under this Section 3.1 of the Agreement to give effect to such adjustment.
(d) New GranCare shall provide each Party with a computation (and such other workpapers and documentation supporting such computation) of the allocation to each Party of the Tax liability with respect to a Consolidated Return no later than 10 days prior to the filing of the Consolidated Return. GCI may object to such computation or allocation by presenting New GranCare with a written explanation of such objection(s) (which contains specific explanation of the reasons and support for their objections) within 3...
Allocation Method. The method for making allocations pursuant to Section 4.4.2 and Section 4.4.2 shall be such method permitted by Regulation ss.1.704-3 as shall be selected by the Members.
Allocation Method. The Special Contribution for each period shall be allocated among eligible Participants as determined by the Administrator, subject to a maximum dollar amount which may be contributed on behalf of any Participant as determined by the Administrator.
Allocation Method. The Plan Administrator will allocate a Plan-Designated QNEC using the following method (select one of (5) through (8)):