Target Allocations Clause Samples

Target Allocations. Subject to Section 2(c) and unless determined otherwise in the sole discretion of the Compensation Committee of the Board (the “Compensation Committee”), the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Performance Award Amount for any Fiscal Year shall be determined by the Compensation Committee such that the percentages of the Total Annual Amount for such Fiscal Year represented by Current Cash (including Quarterly Payments), Deferred Cash Interests and the Annual RSU Award are as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible, provided that Current Cash (including Quarterly Payments) shall represent not less than 60% of the Total Annual Amount for any Fiscal Year. Current Cash (including Quarterly Payments) 60% Deferred Cash Interests 15% Annual RSU Award 25%
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Target Allocations. After application of Section B of this Schedule E, any remaining items of Profits and Losses shall be allocated among the Members and to their Capital Accounts so as to cause the balance of each Member’s Economic Capital Account to be as nearly equal to such Member’s Target Balance as possible.
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Target Allocations. Unless determined otherwise in the sole discretion of the PMC Chairman, and subject to Section 2(c) and (d), the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Variable Distribution for any Fiscal Year shall be determined by the PMC Chairman such that the percentages of the Total Annual Amount for such Fiscal Year represented by Current Cash (including Quarterly Payments), Deferred Cash Interests and the Variable Class D Unit Distribution are as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible, provided that Current Cash (including Quarterly Payments) shall represent not less than 60% of the Total Annual Amount for any Fiscal Year: Current Cash (including Quarterly Payments) 60% Deferred Cash Interests 15% Variable Class D Unit Distribution 25%
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Target Allocations. Section 2(b) of each of the Partner Agreements is hereby amended and restated in its entirety as follows:
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Target Allocations. Effective commencing with the 2018 Fiscal Year and each Fiscal Year thereafter during the Term and thereafter and subject to Sections 2(c) and 2(d), the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Variable Distribution for each such Fiscal Year shall be determined by the Compensation Committee, such that the percentages of the Total Annual Amount for each such Fiscal Year represented by Current Cash (including Quarterly Payments), Deferred Cash Interests and the Annual RSU Award shall be as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible; provided, that Current Cash (including Quarterly Payments) shall not represent less than 75% of the Total Annual Amount for any such Fiscal Year, unless, in respect of any such Fiscal Year, Och-Ziff adopts a uniform system of break points for high earners applicable to all active executive managing directors whereby the Target Allocation Percentages are changed above such break points, which system shall be subject to approval by the Compensation Committee and the Chief Executive Officer of Och-Ziff; provided, further, that, in determining the form of compensation payable in respect of the Total Annual Amount for any such Fiscal Year, in no event shall any changes be made to the percentages of the form of compensation payable in respect of (A) the Guaranteed 2018 Amount as determined pursuant to Section 2(c)(ii) or (B) the Guaranteed Amount for the 2019 Fiscal Year and each Fiscal Year thereafter during the Term as determined pursuant to Section 2(c)(iii): Current Cash (including Quarterly Payments) 75 % Deferred Cash Interests and/or Annual RSU Award 25 %
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Target Allocations. The following tables provide the current target asset class allocations applicable to both the Age-Based Investment Portfolios and the Static Investment Portfolios, as well as the Underlying Funds currently selected for investments to underlie each Investment Portfolio. The tables also identify the portions of each Investment Portfolio invested in “equity funds” and in “fixed income funds.” (Please note that total allocations may reflect rounding.
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Target Allocations. Effective commencing with the 2018 Fiscal Year and each Fiscal Year thereafter during the Term and thereafter, the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Performance Award Amount for each such Fiscal Year shall be determined by the Compensation Committee, such that the percentages of the Performance Award Amount for each such Fiscal Year represented by Current Cash, Deferred Cash Interests and the Annual RSU Award shall be as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible; provided, that Current Cash shall not represent less than 75% of the Performance Award Amount for any such Fiscal Year, unless, in respect of any such Fiscal Year, Och-Ziff adopts a uniform system of break points for high earners applicable to all active executive managing directors whereby the Target Allocation Percentages are changed above such break points, which system shall be subject to approval by the Compensation Committee and the Chief Executive Officer of Och-Ziff: Current Cash 75 % Deferred Cash Interests and/or Annual RSU Award 25 %
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Target Allocations. The following tables provide the current target asset class allocations applicable to both the Age-Based Investment Portfolios and the Static Investment Portfolios, as well as the Underlying Funds currently selected for investments to underlie each Investment Portfolio. The tables also identify the portions of each Investment Portfolio invested in “equity funds” and in “fixed income funds.” (Please note that total allocations may reflect rounding. AB Global Real Estate Investment Fund II 4.0% 4.0% 3.0% 2.0% 2.0% American Funds New Perspective 12.0% 11.0% 9.0% 8.0% 8.0% DFA Commodity Strategy Portfolio 5.0% 4.0% 4.0% 3.0% 3.0% DFA Inflation-Protected Securities Portfolio 2.0% 4.0% 6.0% 6.0% 6.0% Dodge & ▇▇▇ International Stock Fund 4.0% 3.0% 2.0% 1.0% 0.0% Metropolitan West Total Return Bond Fund 0.0% 2.0% 7.0% 7.0% 9.0% ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Instl. Emerging Markets Portfolio 4.0% 3.0% 3.0% 2.0% 1.0% PIMCO Government Money Market Fund 0.0% 0.0% 0.0% 3.0% 5.0% PIMCO Income Fund 0.0% 0.0% 2.0% 2.0% 2.0% PIMCO Real Return Fund 3.0% 7.0% 8.0% 8.0% 8.0% PIMCO Short Asset Investment Fund 0.0% 0.0% 0.0% 5.0% 11.0% PIMCO Short-Term Fund 0.0% 0.0% 0.0% 2.0% 2.0% TIAA-CREF International Equity Index Fund 13.0% 11.0% 9.0% 7.0% 6.0% TIAA-CREF S&P 500 Index Fund 21.0% 17.0% 13.0% 10.0% 3.0% Virtus AllianzGI Focused Growth Fund 3.0% 2.0% 2.0% 2.0% 2.0% Virtus AllianzGI Global Allocation Fund 26.0% 30.0% 30.0% 30.0% 30.0% Virtus NFJ Dividend Value Fund 3.0% 2.0% 2.0% 2.0% 2.0% TOTAL 100.0% 100.0% 100.0% 100.0% 100.0% AB Global Real Estate Investment Fund II 3.0% 1.0% 1.0% 0.0% American Funds New Perspective 4.0% 0.0% 0.0% 0.0% DFA Commodity Strategy Portfolio 2.0% 2.0% 1.0% 1.0% DFA Inflation-Protected Securities Portfolio 6.0% 9.0% 10.0% 10.0% Dodge & ▇▇▇ International Stock Fund 0.0% 0.0% 0.0% 0.0% Metropolitan West Total Return Bond Fund 9.0% 8.0% 11.0% 12.0% ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Instl. Emerging Markets Portfolio 0.0% 0.0% 0.0% 0.0% PIMCO Government Money Market Fund 8.0% 9.0% 10.0% 12.0% PIMCO Income Fund 2.0% 3.0% 3.0% 3.0% PIMCO Real Return Fund 8.0% 9.0% 9.0% 9.0% PIMCO Short Asset Investment Fund 17.0% 18.0% 20.0% 24.0% PIMCO Short-Term Fund 3.0% 7.0% 14.0% 16.0% TIAA-CREF International Equity Index Fund 3.0% 2.0% 1.0% 1.0% TIAA-CREF S&P 500 Index Fund 2.0% 1.0% 0.0% 0.0% Virtus AllianzGI Focused Growth Fund 2.0% 1.0% 0.0% 0.0% Virtus AllianzGI Global Allocation Fund 30.0% 30.0% 20.0% 12.0% Virtus NFJ Dividend Value Fund 1.0% 0.0% 0.0% 0.0% TOTAL 100.0% 100.0% 100.0% 100.0% Di...
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Target Allocations. 2.2.1 Provided Supplier is not in breach of a material provision of this Agreement with respect to the supply of any Product within the product family at issue, which breach remains uncured for more than [**] ([**]) calendar days after receipt of notice, during the first three (3) years of the Term, NNL will endeavor to purchase from Supplier a percentage of NNL's product family requirements as set out in the table below ("Target Allocations"): TxRx Family [**]% [**]% [**]% [**]% AMPS Family [**]% [**]% [**]% [**]% The Target Allocation will be measured on a calendar half-year basis on the aggregate value of Nortel and Nortel Affiliates purchases from Supplier for each product family during each calendar year, as a function of the aggregate purchases by Nortel and Nortel Affiliates, from all vendors of products, within each product family, that: a) Supplier is capable of manufacturing during the measurement period; b) Supplier has the capacity to manufacture during the measurement period; and c) Supplier's products have passed the Acceptance Program, in accordance with Article 4 ("Target Product"). Target Allocation (By Product Family) = 100% × Value of Nortel's and Nortel Affiliates' purchases from Supplier of Target Product Target Value of Nortel's and Nortel Affiliates' purchases from all vendors of Target Product 2.2.2 With respect to the foregoing Target Allocations, Nortel and Nortel Affiliates will be deemed to have purchased from Supplier the value of any Product that Nortel and Nortel Affiliates purchased from other sources solely because the Supplier did not offer, during the relevant period, a Product that was competitive in terms of price, performance and availability. 2.2.3 The Parties will compare Nortel's and Nortel Affiliates' actual and deemed purchases under this Agreement against the Target Allocations on a calendar half-year basis. If NNL fails to meet the Target Allocations, such a failure will not constitute a breach of this Agreement and in the event of such a failure the Parties shall discuss actions to avoid similar occurrences in the future. NNL will have no liability or obligation if the Target Allocations are not met.
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Related to Target Allocations

  • Cost Allocation Cost allocation of Generator Interconnection Related Upgrades shall be in accordance with Schedule 11 of Section II of the Tariff.

  • Tax Allocations Each item of income, gain, loss or deduction recognized by the Company shall be allocated among the Members for U.S. federal, state and local income tax purposes in the same manner that each such item is allocated to the Member’s Capital Accounts pursuant to Section 3.2(d) or as otherwise provided herein, provided that the Board may adjust such allocations as long as such adjusted allocations have substantial economic effect or are in accordance with the interests of the Members in the Company, in each case within the meaning of the Code and the Treasury Regulations. Tax credits and tax credit recapture shall be allocated in accordance with the Members’ interests in the Company as provided in Treasury Regulations section 1.704-1(b)(4)(ii). Items of Company taxable income, gain, loss and deduction with respect to any property (other than cash) contributed to the capital of the Company or revalued shall, solely for tax purposes, be allocated among the Members, as determined by the Board in accordance with Section 704(c) of the Code, so as to take account of any variation between the adjusted basis of such property to the Company for U.S. federal income tax purposes and its fair market value at the time of contribution or revaluation, as the case may be. All of the Members agree that the Board is authorized to select the method or convention, or to treat an item as an extraordinary item, in relation to any variation of any Member’s interest in the Company described in section 1.706-4 of the Treasury Regulations in determining the Members’ distributive shares of Company items. All matters concerning allocations for U.S. federal, state and local and non-U.S. income tax purposes, including accounting procedures, not expressly provided for by the terms of this Agreement shall be determined by the Board in its sole discretion. Each Class B Ordinary Share is intended to be treated as a profits interest for U.S. federal income tax purposes, and all of the Members agree to report consistently with, and to take any action requested by the Board to ensure, such treatment.

  • Capital Accounts Allocations There shall be established in respect of each Holder a separate capital account in the books and records of the Up-MACRO Holding Trust in respect of the Holder's Capital Contributions to the Up-MACRO Holding Trust (each, a "Capital Account"), to which the following provisions shall apply: (a) The Capital Account of each Holder initially shall be equal to the cash contributed in exchange for its Up-MACRO Holding Shares (each, a "Capital Contribution") and, at the end of each day shall be: (i) increased by (A) an amount equal to any amounts paid with respect to Up-MACRO Holding Shares issued as part of a Paired Issuance by such Holder during such day; and (B) such Holder's interest in the Net Profit (and items thereof) of the Up-MACRO Holding Trust during such day as allocated under Section 7.2(b); and (ii) decreased by (A) any distributions made in cash by the Up-MACRO Holding Trust to such Holder on such day; (B) the fair market value of any property other than cash distributed by the Up-MACRO Holding Trust to such Holder on such day; and (C) such Holder's interest in the Net Loss (and items thereof) of the Up-MACRO Holding Trust for such day as allocated under Section 7.2(b). (b) Except pursuant to the Regulatory Allocations set forth in Section 7.3, or as otherwise provided in this Trust Agreement, Net Profit and Net Loss (and items of each) of the Up-MACRO Holding Trust shall be provisionally allocated as of the end of each day among the Holders in a manner such that the Capital Account of each Holder immediately after giving effect to such allocation, is, as nearly as possible, equal (proportionately) to the amount equal to the distributions that would be made to such Holder during such fiscal year pursuant to Article 5 if (i) the Up-MACRO Holding Trust were dissolved and terminated; (ii) its affairs were wound up and each Trust Asset was sold for cash equal to its book value; (iii) all Up-MACRO Holding Trust liabilities were satisfied (limited with respect to each nonrecourse liability to the book value of the assets securing such liability); and (iv) the net assets of the Up-MACRO Holding Trust were distributed in accordance with Article 5 to the Holders immediately after giving effect to such allocation. The Depositor may, in its discretion, make such other assumptions (whether or not consistent with the above assumptions) as it deems necessary or appropriate in order to effectuate the intended economic arrangement of the Holders. Except as otherwise provided elsewhere in this Trust Agreement, if upon the dissolution and termination of the Up-MACRO Holding Trust pursuant to Section 14.1 and after all other allocations provided for in this Section 7.2 have been tentatively made as if this Section 7.2(b) were not in this Trust Agreement, a distribution to the Holders under Section 14.1 would be different from a distribution to the Holders under Article 5 then Net Profit (and items thereof) and Net Loss (and items thereof) for the fiscal year in which the Up-MACRO Holding Trust dissolves and terminates pursuant to Section 14.1 shall be allocated among the Holders in a manner such that the Capital Account of each Holder, immediately after giving effect to such allocation, is, as nearly as possible, equal (proportionately) to the amount of the distribution that would be made to such Holder during such last fiscal year pursuant to Article 5. The Depositor may, in its discretion, apply the principles of this Section 7.2(b) to any fiscal year preceding the fiscal year in which the Up-MACRO Holding Trust dissolves and terminates (including through application of Section 761(e) of the Code) if delaying application of the principles of this Section 7.2(b) would likely result in distributions under Section 14.1 that are materially different from distributions under Article 5 in the fiscal year in which the Up-MACRO Holding Trust dissolves and terminates. (c) Before any distribution of property (other than cash) from the Up-MACRO Holding Trust to a Holder (including without limitation, any non-cash asset which shall be deemed distributed immediately prior to the dissolution and winding up of the Up-MACRO Holding Trust), the Capital Accounts of all Holders of the Up-MACRO Holding Trust shall be adjusted and, upon the occurrence of one or more of the other events described in Section 1.704-1(b)(2)(iv)(f) of the Regulations, may be adjusted to reflect the manner in which any unrealized income, gain, loss or deduction inherent in such property (that has not been previously reflected in the Holders' Capital Accounts) would be allocated among the Holders if there were a taxable disposition of such property by the Up-MACRO Holding Trust on the date of distribution, in accordance with Sections 1.704-1(b)(2)(iv)(f) and (g) of the Regulations. (d) In determining the amount of any liability for purposes of this Section 7.2, there shall be taken into account Section 752 of the Code and any other applicable provisions of the Code and any Regulations promulgated thereunder. (e) Notwithstanding any other provision of this Trust Agreement to the contrary, the provisions of this Section 7.2 regarding the maintenance of Capital Accounts shall be construed so as to comply with the provisions of the Code and any Regulations thereunder. The Depositor in its sole and absolute discretion and whose determination shall be binding on the Holders is hereby authorized to interpret and to modify the foregoing provisions to the extent necessary to comply with the Code and Regulations.