Allocation determination Sample Clauses
The Allocation Determination clause defines the method by which responsibilities, costs, or benefits are distributed among the parties involved in an agreement. Typically, this clause outlines the criteria or formulas used to decide each party's share, such as proportional allocation based on usage, contribution, or another agreed metric. Its core practical function is to ensure transparency and fairness in dividing obligations or entitlements, thereby preventing disputes over how resources or liabilities are shared.
Allocation determination. The Municipality agrees to receive no direct allocation under this agreement. The Municipality’s default allocation amount as provided by the OSS will instead be retained by the County for qualifying expenditures of the County and the Municipality as referenced in this Agreement.
Allocation determination. In the event Unresolved Allocation Changes are submitted to the Firm for resolution as provided herein, the Firm Expenses shall be paid by Purchaser and Seller equally.
Allocation determination. As soon as practicable after the Election Deadline (but in no event later than five business days after the Election Deadline) the Exchange Agent shall determine the allocation of the cash portion and the stock portion of the Merger Consideration in accordance with Section 2.3 above and shall notify Parent of its determined allocation (the "Allocation Determination").
Allocation determination. For purposes of determining the allocation of the Cash Purchase Price, the Stock Purchase Price and the Note Portion, the Estimated Closing Date Closing Amounts as reflected on the Estimated Closing Balance Sheet shall be utilized and the allocation thereof shall not be recomputed for purposes of determining the allocation of the Cash Purchase Price, the Stock Purchase Price and the Note Portion following determination of the Closing Date Closing Amounts in the Final Closing Date Balance Sheet pursuant to Section 2.10. The Adjustments (to the Purchase Price) pursuant to said Section 2.10 shall be applied solely in the manner set forth in this Section 2.11.
Allocation determination. Unless otherwise specified in the Adoption Agreement, the Plan Administrator will allocate Employer Contributions based on the Plan Year.