Common use of Allocation of Prepaid Items and Reserves Clause in Contracts

Allocation of Prepaid Items and Reserves. All prepaid ---------------------------------------- items and reserves that have been maintained by NDC on a consolidated basis but that relate in part to assets or liabilities of the Global Payments Group shall be fairly allocated between NDC and Global Payments as determined by NDC in its reasonable discretion.

Appears in 3 contracts

Samples: Distribution Agreement Plan of Reorganization and Distribution (Global Payments Inc), Form of Distribution Agreement (Global Payments Inc), Form of Distribution Agreement (Global Payments Inc)

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Allocation of Prepaid Items and Reserves. All prepaid items ---------------------------------------- items and reserves that have been maintained by NDC on a consolidated basis but that relate in part to assets or liabilities of the Global Payments Group shall be fairly allocated between NDC and Global Payments as determined by NDC in its reasonable discretion.

Appears in 1 contract

Samples: Distribution Agreement Plan of Reorganization And (Global Payments Inc)

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