Allocable. Characteristic of a cost that can be assigned or charged to one or more activities or items (cost objects) on the basis of benefits received or other such equitable or logical association although a direct (casual) relationship may not be established.
Allocable. The portion of any Net Tax Benefit of Parent that is “Allocable” to any Beneficiary shall be determined by reference to the assets from which arise the depreciation, amortization or other similar deductions for recovery of cost or basis (“Depreciation”) and the Inherited Tax Attributes, and the Imputed Interest that produce the Realized Tax Benefit, under the following principles:
Allocable. A cost is allocable if it is assignable or chargeable to one or more costs objectives on the basis of relative benefits received or other equitable relationship. A cost is allocable if it is incurred specifically by the Operating Agent for the purpose of performing Operating Work under this Agreement. A cost may also be allocable if it benefits both the Agreement and other work, and can be distributed to them in reasonable proportion to the benefits received by them. A cost is also allocable if it is necessary to the overall operation of the Four Corners Switchyard as it relates to the Common Facilities or the Interconnection Facilities. EXHIBIT 7 COST RESPONSIBILITY RATIO (CRR) -------------------------------
Allocable. Allocation entails correlating costs with the program benefits obtained by incurring them. A cost is allocable to SNAP-Ed if the goods or services involved are chargeable or assignable to SNAP-Ed in accordance with relative benefits received. If a cost item benefits only SNAP-Ed, then 100 percent of it is allocable to SNAP-Ed.