Percentage Allocation Sample Clauses

Percentage Allocation. Second, each Class Member’s percentage is calculated by
Sample 1
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Percentage Allocation. In exchange for the Subscription Payment, Provider agrees to sell to Subscriber, and Subscriber agrees to purchase from Provider, monetary Bill Credits corresponding to a percentage of the Facility’s generation of electricity (the “Percentage Allocation”) that exceeds the Facility’s use of electricity (the “Excess Generation”) for the Term of this Agreement. Each [billing month determined by the Utility] during the Term of this Agreement and during which Bill Credits are allocated to Subscriber shall be referred to as a “Bill Period.” Subscriber understands that no Bill Credits will be allocated to Subscriber until after the date on which the Facility is authorized to connect to the electrical grid by the local electric utility (“Utility”) and until after the Utility approves the allocation of Bill Credits to Subscriber (“Commercial Operation Date”). Subscriber’s Percentage Allocation is specified in Exhibit A, but is subject to one or more subsequent adjustments by Provider according to the terms of Section 4(e).
Sample 1
Percentage Allocation. This is defined as the maximum amount of the Reserved Capacity that is eligible for subscription to each Applicable CSG. This is calculated by dividing the Reserved Capacity assigned to the Applicable CSG by the Applicable CSG’s total annual kilowatt hour production as determined by Xcel Energy and independent testing.
Sample 1
Percentage Allocation. Exhibit “F” of the Lease (“Premise Percentage Allocation of Basic Rent”) hereby is deleted in its entirety and is replaced with Exhibit “F” attached hereto.
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Percentage Allocation. In exchange for the Subscription Payment, Provider agrees to sell to Subscriber, and Subscriber agrees to purchase from Provider, monetary Xxxx Credits corresponding to a percentage of the Facility’s generation of electricity (the “Percentage Allocation”) that exceeds the Facility’s use of electricity (the “Excess Generation”) for the Term of this Agreement. Each [billing month determined by the U tility] during the Term of this Agreement and during which Xxxx Credits are allocated to Subscriber shall be referred to as a “Xxxx Period.” Subscriber understands that no Xxxx Credits will be allocated to Subscriber until after the date on which the Facility is authorized to connect to the electrical grid by the local electric utility (“Utility”) and until after the Utility approves the allocation of Xxxx Credits to Subscriber (“Commercial Operation Date”). Subscriber’s Percentage Allocation is specified in E xhibit A, but is subject to one or more subsequent adjustments by Provider according to the terms of Section 4(e).
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Percentage Allocation. The percentage allocation between New Scout and SNFCo options of the exercise price of option outstanding on the Distribution Date under the Scout Plans shall be as specified in Exhibit A attached hereto.
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Percentage Allocation a. Class A Percentage _____% b. Class B Percentage _____% c. Class C Percentage _____%
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Percentage Allocation. Exhibit “F” of the Lease (“Premise Percentage Allocation of Basic Rent”) shall be replaced with Exhibit “F” attached hereto.
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Percentage Allocation a. Notes 100.0000% b. Certificates 0.0000%
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Related to Percentage Allocation

  • Gross Income Allocation If any Partner has a deficit Capital Account at the end of any Fiscal Year which is in excess of the sum of (i) the amount such Partner is obligated to restore, if any, pursuant to any provision of this Agreement, and (ii) the amount such Partner is deemed to be obligated to restore pursuant to the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner shall be specially allocated items of Partnership income and gain in the amount of such excess as quickly as possible; provided that an allocation pursuant to this Section 5.05(c) shall be made only if and to the extent that a Partner would have a deficit Capital Account in excess of such sum after all other allocations provided for in this Article V have been tentatively made as if Section 5.05(b) and this Section 5.05(c) were not in this Agreement.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04.

  • Payment Allocation Subject to applicable law, your payments may be applied to what you owe the Credit Union in any manner the Credit Union chooses. However, in every case, in the event you make a payment in excess of the required minimum periodic payment, the Credit Union will allocate the excess amount first to the balance with the highest annual percentage rate and any remaining portion to the other balances in descending order based on applicable annual percentage rate.

  • Gross Income Allocations In the event any Partner has a deficit balance in its Capital Account at the end of any Partnership taxable period in excess of the sum of (A) the amount such Partner is required to restore pursuant to the provisions of this Agreement and (B) the amount such Partner is deemed obligated to restore pursuant to Treasury Regulation Sections 1.704-2(g) and 1.704-2(i)(5), such Partner shall be specially allocated items of Partnership gross income and gain in the amount of such excess as quickly as possible; provided, that an allocation pursuant to this Section 6.1(d)(v) shall be made only if and to the extent that such Partner would have a deficit balance in its Capital Account as adjusted after all other allocations provided for in this Section 6.1 have been tentatively made as if this Section 6.1(d)(v) were not in this Agreement.

  • Capital Accounts Allocations There shall be established in respect of each Holder a separate capital account in the books and records of the Up-MACRO Holding Trust in respect of the Holder's Capital Contributions to the Up-MACRO Holding Trust (each, a "Capital Account"), to which the following provisions shall apply:

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

  • Allocation Following the Closing, Purchaser shall prepare and deliver to Sellers an allocation of the aggregate consideration among Sellers and, for any transactions contemplated by this Agreement that do not constitute an Agreed G Transaction pursuant to Section 6.16, Purchaser shall also prepare and deliver to the applicable Seller a proposed allocation of the Purchase Price and other consideration paid in exchange for the Purchased Assets, prepared in accordance with Section 1060, and if applicable, Section 338, of the Tax Code (the “Allocation”). The applicable Seller shall have thirty (30) days after the delivery of the Allocation to review and consent to the Allocation in writing, which consent shall not be unreasonably withheld, conditioned or delayed. If the applicable Seller consents to the Allocation, such Seller and Purchaser shall use such Allocation to prepare and file in a timely manner all appropriate Tax filings, including the preparation and filing of all applicable forms in accordance with applicable Law, including Forms 8594 and 8023, if applicable, with their respective Tax Returns for the taxable year that includes the Closing Date and shall take no position in any Tax Return that is inconsistent with such Allocation; provided, however, that nothing contained herein shall prevent the applicable Seller and Purchaser from settling any proposed deficiency or adjustment by any Governmental Authority based upon or arising out of such Allocation, and neither the applicable Seller nor Purchaser shall be required to litigate before any court, any proposed deficiency or adjustment by any Taxing Authority challenging such Allocation. If the applicable Seller does not consent to such Allocation, the applicable Seller shall notify Purchaser in writing of such disagreement within such thirty (30) day period, and thereafter, the applicable Seller shall attempt in good faith to promptly resolve any such disagreement. If the Parties cannot resolve a disagreement under this Section 3.3, such disagreement shall be resolved by an independent accounting firm chosen by Purchaser and reasonably acceptable to the applicable Seller, and such resolution shall be final and binding on the Parties. The fees and expenses of such accounting firm shall be borne equally by Purchaser, on the one hand, and the applicable Seller, on the other hand. The applicable Seller shall provide Purchaser, and Purchaser shall provide the applicable Seller, with a copy of any information described above required to be furnished to any Taxing Authority in connection with the transactions contemplated herein.

  • Curative Allocation (A) Notwithstanding any other provision of this Section 6.1, other than the Required Allocations, the Required Allocations shall be taken into account in making the Agreed Allocations so that, to the extent possible, the net amount of items of gross income, gain, loss and deduction allocated to each Partner pursuant to the Required Allocations and the Agreed Allocations, together, shall be equal to the net amount of such items that would have been allocated to each such Partner under the Agreed Allocations had the Required Allocations and the related Curative Allocation not otherwise been provided in this Section 6.1. Notwithstanding the preceding sentence, Required Allocations relating to (1) Nonrecourse Deductions shall not be taken into account except to the extent that there has been a decrease in Partnership Minimum Gain and (2) Partner Nonrecourse Deductions shall not be taken into account except to the extent that there has been a decrease in Partner Nonrecourse Debt Minimum Gain. In exercising its discretion under this Section 6.1(d)(xi)(A), the General Partner may take into account future Required Allocations that, although not yet made, are likely to offset other Required Allocations previously made. Allocations pursuant to this Section 6.1(d)(xi)(A) shall only be made with respect to Required Allocations to the extent the General Partner determines that such allocations will otherwise be inconsistent with the economic agreement among the Partners. Further, allocations pursuant to this Section 6.1(d)(xi)(A) shall be deferred with respect to allocations pursuant to clauses (1) and (2) hereof to the extent the General Partner determines that such allocations are likely to be offset by subsequent Required Allocations.

  • Allocation of Applied Realized Loss Amounts Any Applied Realized Loss Amounts shall be allocated by the Trustee to the most junior Class of Subordinated Certificates then Outstanding in reduction of the Class Certificate Balance thereof.

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