Excess Allocation. An Education Assistant will receive as additional salary any money allocated to the Education Assistant for that month which was not charged against the Education Assistant’s account for purposes of fringe benefit purchases in accordance with 10-1.
Excess Allocation. A teacher will receive as additional salary any money allocated to the teacher for that month which was not charged against the teacher's account for purposes of fringe benefit purchases in accordance with 13-8-1 above.
Excess Allocation. The term "Excess Allocation" means an Excess Amount for which the Code or regulations do not provide any corrective mechanism. Excess Allocations include Excess Amounts as defined in section 5.01(3)(a) (i), (ii), (v), and (vi) (except with respect to § 401(m) or § 411(a)(3)(G) violations). Excess Allocations must be corrected in accordance with section 6.06(2).
Excess Allocation. The nutrition services employee will receive as additional salary any money allocated to the nutrition services employee for that month which was not charged against the nutrition services employee’s account for purposes of fringe benefit purchases in accordance with above.
Excess Allocation. An office employee will receive as additional salary any money allocated to the office employee for that month which was not charged against the office employee’s account for purposes of fringe benefit purchases in accordance with 9-1-1. 9-1-5 Discontinuation of Allocation: Monthly allocation to office employees for the purposes of purchasing insurance fringe benefits shall cease on the first of the month following:
Excess Allocation. A service employee will receive as additional salary any money allocated to the service employee for that month which was not charged against the service employee’s account for purposes of fringe benefit purchases in accordance with 9-1-1.
Excess Allocation. If the insurance premiums for coverage elected are less than the allocation, the money is added to the non-licensed Robbinsdale Equity Allies REA members salary each pay period twice a month.
Excess Allocation. As described in Section 9.6. Extraordinary Cash Flow. As described in Section 9.2(b). Failing Member. As described in Section 4.5(d). Failing Member Loan. As described in Section 4.5(d). Fair Market Value. As described in Section 13.2(b)(ii). GAAP. United States generally accepted accounting principles applied on a consistent basis. GC Fee. As defined in Section 6.13. General Contractor. Bainbridge Mid-Atlantic Construction, LLC, a Florida limited liability company, acting in such capacity pursuant to the Construction Contract. Initial Capital Contributions. As defined in Section 4.1. IRR. With respect to all Capital Contributions of a Member, the internal rate of return or discount factor that, when applied to a cash flow stream consisting of all distributions by the Company to such Member, makes the present value of such distributions equal the present value (determined using the same discount factor) of all Capital Contributions of such Member to the Company. The IRR shall be determined taking into account the exact dates any applicable Capital Contributions are made to the Company by the Member and the exact dates any applicable distributions are made by the Company to such Member. The IRR to a Member shall be computed using the XIRR function in Microsoft Excel or a functional equivalent using actual dates of cash flows and based on annual compounding. Land Contract. As defined in the Recitals above. Leasing Guidelines. The leasing guidelines for the Project as set forth in the Property Management Agreement and any amendments thereto made in accordance with Section 6.12 and the Property Management Agreement.
Excess Allocation. In addition, to the extent that the Aggregate Excess Allocation exceeds Eight Million Dollars ($8,000,000), Buyer shall reimburse the Shareholders in an amount equal to the sum of (i) seven percent (7%) of the Aggregate Excess Allocation that exceeds Eight Million Dollars ($8,000,000) plus (ii) an amount equal to twenty-eight percent (28%) of the Aggregate Excess Allocation that exceeds Eight Million Dollars ($8,000,000). Amounts payable pursuant to this paragraph shall be paid at the time of the final determination of the Purchase Price Allocation pursuant to Section 1.7(f) . Each Shareholder shall be entitled to its Pro Rata Share of the reimbursements to be made by Buyer under this Section 1.7(i). The obligations of the Shareholders to report consistently with such allocation are conditioned on the receipt of the payment described in this Section 1.7(i).
Excess Allocation. As described in Section 9.6.
