Identification of Allocation Period Clause Samples

Identification of Allocation Period. (a) For the first Contract Year, the Access Holder’s Allocation Period for a Train Path is set out in the Train Path Schedule. (b) For each subsequent Contract Year, if the Access Holder and its Associates have aggregate load point allocations less than or equal to three Mtpa to the terminals operated by PWCS for any Contract Year from 1 January 2012 until the expiry of this agreement, then the Access Holder is eligible to elect, by notice in writing to ARTC, an Allocation Period of a Quarter for that Contract Year. (c) If the Access Holder wishes to elect an Allocation Period of a Quarter for a Contract Year, the Access Holder must: (i) submit an election notice to ARTC by 31 August of the preceding Contract Year establishing to ARTC’s reasonable satisfaction that its aggregate nominations at the terminals operated by PWCS (taking into account any renewals and extensions) is less than or equal to the applicable maximum amount specified in clause 3.5(b) for that Contract Year; and (ii) provide ARTC with a copy of an executed contract with PWCS by 10 December of the preceding Contract Year confirming that it has aggregate load point allocations less than or equal to the applicable maximum amount specified in clause 3.5(b) for that Contract Year. (d) The Access Holder will use its reasonable endeavours to achieve an even spread of Path Usages during each Period and over the Contract Year. (e) To avoid doubt, all Train Path Schedules will have the same Allocation Period in a Contract Year and if the Access Holder does not meet the criteria in clause 3.5(b), or if the Access Holder does not elect an Allocation Period of a Quarter in accordance with clause 3.5(c) the Allocation Period for that Contract Year will be a Month.
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Identification of Allocation Period. If the Access Holder and its Associates: ▇▇▇▇▇▇▇▇▇ as endorsed by the RCG. clause 3.3 shall be deemed to be amended to reflect the changes to endorsed by the RCG. The Access Holder and ARTC agree that this RCG pursuant to the Access Undertaking as to the appropriateness of any ARTC must not amend Tolerance without the endorsement of the RCG.
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Identification of Allocation Period. (a) For the first Contract Year, the Access Holder’s Allocation Period for a Train Path is set out in the Train Path Schedule. (a) IfFor each subsequent Contract Year, if the Access Holder and its Associates: (i) have aggregate load point allocations less than or equal to five Mtpa at the terminals operated by PWCS for any Contract Year between 1 January 2010 and before 31 December 2011; or (ii) have aggregate load point allocations less than or equal to three Mtpa to the terminals operated by PWCS for any Contract Year from 1 January 2012 until the expiry of this agreement, then, the Access Holder is eligible to elect, by notice in writing to ARTC, an Allocation Period of a Quarter for that Contract Year.
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Identification of Allocation Period. (a) For the first Contract Year, the Access Holder’s Allocation Period for a Train Path is set out in the Train Path Schedule. (b) For each subsequent Contract Year, if the Access Holder and its Associates have aggregate qualify to be issued with quarterly load point allocations less than or equal to three Mtpa to for the terminals operated by PWCS for any Contract Year , then the Access Holder is eligible to elect, by notice in writing submit a written request to ARTC, for an Allocation Period of a Quarter for that Contract Year. (c) If the Access Holder wishes to elect request an Allocation Period of a Quarter for a Contract Year, the Access Holder must: (i) submit an election notice a written request to ARTC by 31 August of the preceding Contract Year establishing to ARTC’s reasonable satisfaction that its aggregate nominations at the terminals operated by PWCS (taking into account any renewals and extensions) is less than or equal to the applicable maximum amount specified in clause 3.5
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Identification of Allocation Period. (a) For the first Contract Year, the Access Holder’s Allocation Period for a Train Path is set out in the Train Path Schedule. (b) For each subsequent Contract Year, if the Access Holder and its Associates qualify to be issued with quarterly load point allocations for the terminals operated by PWCS for any Contract Year , then the Access Holder is eligible to submit a written request to ARTC, for an Allocation Period of a Quarter for that Contract Year. (c) If the Access Holder wishes to request an Allocation Period of a Quarter for a Contract Year, the Access Holder must: (i) submit a written request to ARTC by 31 August of the preceding Contract Year advising that it qualifies to be issued with quarterly load point allocations for that Contract Year; and (ii) provide ARTC with a copy of an executed contract with PWCS by 10 December of the preceding Contract Year confirming that it has been issued with quarterly load point allocations for that Contract Year. (d) ARTC may in its absolute discretion grant the Access Holder an Allocation Period of a Quarter for that Contract Year. In deciding whether to grant the Access Holder an Allocation Period of a Quarter for that Contract Year ARTC may: (i) have regard to the Service Assumptions, Capacity and the Capacity entitlements of its other access holders; and (ii) have regard to and is entitled to rely on recommendations of the HVCCC in relation to the impact on Capacity and Coal Chain Capacity. (e) The Access Holder will use its reasonable endeavours to achieve an even spread of Path Usages during each Period and over the Contract Year. (f) To avoid doubt, all Train Path Schedules will have the same Allocation Period in a Contract Year and if ARTC does not grant the Access Holder an Allocation Period of a Quarter in accordance with clause 3.5(c) the Allocation Period for that Contract Year will be a Month.
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Identification of Allocation Period. (a) If the Access Holder and its Associates: (i) have aggregate load point allocations less than or equal to five Mtpa at the terminals operated by PWCS for any Contract Year between 1 January 2010 and 31 December 2011; or (ii) have aggregate load point allocations less than or equal to three Mtpa to the terminals operated by PWCS for any Contract Year from 1 January 2012 until the expiry of this agreement, and
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Identification of Allocation Period. (a) For the first Contract Year, the Access Holder’s Allocation Period for a Train Path is set out in the Train Path Schedule. (b) For each subsequent Contract Year, if the Access Holder and its Associates have aggregate qualify to be issued with quarterly load point allocations less than or equal to three Mtpa to for the terminals operated by PWCS for any Contract Year from 1 January 2012 until the expiry of this agreement, then the Access Holder is eligible to elect, by notice in writing submit a written request to ARTC, for an Allocation Period of a Quarter for that Contract Year. (c) If the Access Holder wishes to elect request an Allocation Period of a Quarter for a Contract Year, the Access Holder must: (i) submit an election notice a written request to ARTC by 31 August of the preceding Contract Year establishing to ARTC’s reasonable satisfaction that its aggregate nominations at the terminals operated by PWCS (taking into account any renewals and extensions) is less than or equal to the applicable maximum amount specified in clause 3.5
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Related to Identification of Allocation Period

  • Termination for Non-Allocation of Funds Renegotiate the Contract under the revised funding conditions; or

  • Timing and Amount of Allocations of Net Income and Net Loss Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of this Article 6, an allocation to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

  • How Are Distributions from a ▇▇▇▇ ▇▇▇ Taxed for Federal Income Tax Purposes Amounts distributed to you are generally excludable from your gross income if they (i) are paid after you attain age 59½, (ii) are made to your beneficiary after your death, (iii) are attributable to your becoming disabled, (iv) subject to various limits, the distribution is used to purchase a first home or, in limited cases, a second or subsequent home for you, your spouse, or you or your spouse’s grandchild or ancestor, or (v) are rolled over to another ▇▇▇▇ ▇▇▇. Regardless of the foregoing, if you or your beneficiary receives a distribution within the five-taxable-year period starting with the beginning of the year to which your initial contribution to your ▇▇▇▇ ▇▇▇ applies, the earnings on your account are includable in taxable income. In addition, if you roll over (convert) funds to your ▇▇▇▇ ▇▇▇ from another individual retirement plan (such as a Traditional IRA or another ▇▇▇▇ ▇▇▇ into which amounts were rolled from a Traditional IRA), the portion of a distribution attributable to rolled-over amounts which exceeds the amounts taxed in connection with the conversion to a ▇▇▇▇ ▇▇▇ is includable in income (and subject to penalty tax) if it is distributed prior to the end of the five-tax-year period beginning with the start of the tax year during which the rollover occurred. An amount taxed in connection with a rollover is subject to a 10% penalty tax if it is distributed before the end of the five-tax-year period. As noted above, the five-year holding period requirement is measured from the beginning of the five-taxable-year period beginning with the first taxable year for which you (or your spouse) made a contribution to a ▇▇▇▇ ▇▇▇ on your behalf. Previously, the law required that a separate five-year holding period apply to regular ▇▇▇▇ ▇▇▇ contributions and to amounts contributed to a ▇▇▇▇ ▇▇▇ as a result of the rollover or conversion of a Traditional IRA. Even though the holding period requirement has been simplified, it may still be advisable to keep regular ▇▇▇▇ ▇▇▇ contributions and rollover/ conversion ▇▇▇▇ ▇▇▇ contributions in separate accounts. This is because amounts withdrawn from a rollover/conversion ▇▇▇▇ ▇▇▇ within five years of the rollover/conversion may be subject to a 10% penalty tax. As noted above, a distribution from a ▇▇▇▇ ▇▇▇ that complies with all of the distribution and holding period requirements is excludable from your gross income. If you receive a distribution from a ▇▇▇▇ ▇▇▇ that does not comply with these rules, the part of the distribution that constitutes a return of your contributions will not be included in your taxable income, and the portion that represents earnings will be includable in your income. For this purpose, certain ordering rules apply. Amounts distributed to you are treated as coming first from your non-deductible contributions. The next portion of a distribution is treated as coming from amounts which have been rolled over (converted) from any non-▇▇▇▇ IRAs in the order such amounts were rolled over. Any remaining amounts (including all earnings) are distributed last. Any portion of your distribution which does not meet the criteria for exclusion from gross income may also be subject to a 10% penalty tax. Note that to the extent a distribution would be taxable to you, neither you nor anyone else can qualify for capital gains treatment for amounts distributed from your account. Similarly, you are not entitled to the special five- or ten- year averaging rule for lump-sum distributions that may be available to persons receiving distributions from certain other types of retirement plans. Rather, the taxable portion of any distribution is taxed to you as ordinary income. Your ▇▇▇▇ ▇▇▇ is not subject to taxes on excess distributions or on excess amounts remaining in your account as of your date of death. You must indicate on your distribution request whether federal income taxes should be withheld on a distribution from a ▇▇▇▇ ▇▇▇. If you do not make a withholding election, we will not withhold federal or state income tax. Note that, for federal tax purposes (for example, for purposes of applying the ordering rules described above), ▇▇▇▇ IRAs are considered separately from Traditional IRAs.

  • Additional Allocation Provisions Notwithstanding the foregoing provisions of this Article 6:

  • Allocation of Net Income and Net Loss Net Income or Net Loss of the Partnership shall be determined as of the end of each calendar year and as of the end of any interim period extending through the day immediately preceding any (i) disproportionate Capital Contribution, (ii) disproportionate distribution, (iii) Transfer of a Partnership Interest in accordance with the terms of this Agreement, or (iv) Withdrawal Event. If a calendar year includes an interim period, the determination of Net Income or Net Loss for the period extending through the last day of the calendar year shall include only that period of less than twelve (12) months occurring from the day immediately following the last day of the latest interim period during the calendar year and extending through the last day of the calendar year. For all purposes, including income tax purposes, Net Income, if any, of the Partnership for each calendar year or interim period shall be allocated among the Partners in proportion to their respective Partnership Percentages for the calendar year or interim period. In the event of a Net Loss for a particular calendar year or interim period, then, for such calendar year or interim period, the Net Loss for such calendar year or interim period shall be allocated among the Partners in proportion to their respective Partnership Percentages for the calendar year or interim period.