DIRECT ALLOCATIONS Sample Clauses

The "Direct Allocations" clause establishes how specific assets, liabilities, or revenues are assigned directly to particular parties or accounts within an agreement. In practice, this clause details the criteria or methods for allocating certain items—such as costs, profits, or resources—without pooling or sharing them among all parties. By clearly specifying these direct assignments, the clause ensures transparency and prevents disputes over ownership or responsibility, thereby streamlining financial management and accountability.