Allocation Framework definition
Examples of Allocation Framework in a sentence
Decisions as to how the COVAX Doses are allocated between COVAX Participants shall be made in accordance with the terms of the COVAX Facility and the Allocation Framework and in accordance with Clause 4.3. Novavax shall deliver Vaccine to each COVAX Buyer pursuant to the relevant Supply Agreement.
If Purchaser and Seller fail to agree on such allocation before the date that is one hundred fifty (150) days following the Closing Date, such allocation shall be determined, within a reasonable time and in a manner that incorporates, reflects and is consistent with the Allocation Framework, by an independent, nationally recognized firm of accountants mutually selected by the Parties.
Allocations under the Resource Allocation Framework, whether individual country allocations or group allocations, are not entitlements.
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The timeframe in which Participants will receive Approved Vaccine under the Purchase Options and the Prepaid Doses will be determined by Gavi acting in accordance with the Allocation Framework.
The Cost Allocation Framework sets forth (A) certain cost items that will be calculated as the actual amount of costs incurred during the applicable period (as determined during and following such period), (B) certain cost items that will be calculated using specific numbers included in the Cost Allocation Framework, and (C) certain cost items that will be calculated using specific cost methodologies (e.g., per unit and per shipment costs), in each case as described in the Cost Allocation Framework.
Allocation Framework The rules which govern the allocation of vaccines to Participants and COVAX AMC Eligible Economies, as developed by WHO, subject to periodic review by Participants and COVAX AMC Eligible Economies.
No later than fifteen (15) days after the Closing Date, Seller shall deliver to Purchaser an allocation of the purchase consideration paid by Purchaser pursuant to Section 2.2 among the assets of the Company and its Subsidiaries, which allocation shall be reasonable, based on fair market values, consistent with the Code and shall be consistent with the Allocation Framework (the “Proposed Allocation”).
The Final Allocation, if any, shall be adjusted, as necessary, to reflect any subsequent payments treated as adjustments to the Purchase Price pursuant to Section 7.10 in a manner that is consistent with, incorporates, and reflects the Allocation Framework and the Transaction Tax Treatment.
Allocation Mechanism The allocation mechanism is the means by which the Allocation Framework becomes operational.