Total Allocation definition
Examples of Total Allocation in a sentence
The term "Excess Risk," as used in this Agreement, shall mean a risk for which the amount to be written on a life by the Ceding Company, when added to any other amounts of risk for that life already in the Automatic Pool and any amounts not in the Automatic Pool that are retained by the Ceding Company or its affiliated companies, exceeds, either in whole or in part, the Total Allocation Limit for that life shown in Exhibit II.
The Allocation Notice and the Total Allocation Notice shall be deemed to constitute a valid, legally binding and enforceable agreement for the transfer of all or that portion of the Termination Shares.
Total Allocation – For the 2024-2025 school year, the funds allocated for teachers rated as “Needs Improvement” or “Ineffective” will be redistributed to teachers rated “Effective” or “Highly Effective” in the form of a stipend.
Please note: To receive the initial payment allocation of at least 20% of the Total Allocation Award, County must submit a Budget Plan and an Invoice.
Contractor agrees that expenditure of funds under the Agreement will not exceed the Total Allocation shown in Table 2.