Allocation definition
Examples of Allocation in a sentence
If any Lender declines to agree to increase its Uncommitted Allocation by its Lender’s Increase Amount, the Borrowers may ask the Lender(s) in the other Lender Groups if they would like to increase their respective Lender’s Increase Amounts by all or any portion of the declined amount.
Allocation of Profits and Losses may be modified by subsequent agreement to conform to adjustments made to the Membership Interests because of loans to the Company converted to contributions to capital, any non-uniform distributions of cash, and any liquidating distributions.
If Seller delivers comments to Purchaser with respect to the Allocation Schedule within such Allocation Review Period, Purchaser and Seller shall use good faith efforts to resolve any dispute in connection with such comments.
Seller shall review and provide comments with respect to such Allocation Schedule within thirty (30) days from delivery to Seller (the “Allocation Review Period”).
If Seller does not submit any comments to the Allocation Schedule within such Allocation Review Period, then Seller will be deemed to have approved the Allocation as prepared by Purchaser.