{"component": "clause", "props": {"groups": [{"snippet": "The act of reassigning an individual position from one class to another class at the same range of the salary schedule or to a class which is allocated to another range that is within five percent (5%) of the top step, except as otherwise provided for in the Personnel Management Regulations, deep class resolutions or other ordinances. Reclassification: The act of changing the allocation of a position by raising it to a higher class or reducing it to a lower class on the basis of significant changes in the kind, difficulty or responsibility of duties performed in such position.", "size": 75, "snippet_links": [{"key": "the-act", "type": "clause", "offset": [0, 7]}, {"key": "an-individual", "type": "clause", "offset": [23, 36]}, {"key": "salary-schedule", "type": "definition", "offset": [103, 118]}, {"key": "a-class", "type": "definition", "offset": [125, 132]}, {"key": "allocated-to", "type": "definition", "offset": [142, 154]}, {"key": "five-percent", "type": "clause", "offset": [184, 196]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [219, 247]}, {"key": "personnel-management-regulations", "type": "clause", "offset": [259, 291]}, {"key": "other-ordinances", "type": "clause", "offset": [319, 335]}, {"key": "allocation-of", "type": "clause", "offset": [379, 392]}, {"key": "higher-class", "type": "definition", "offset": [423, 435]}, {"key": "lower-class", "type": "definition", "offset": [456, 467]}, {"key": "basis-of", "type": "clause", "offset": [475, 483]}, {"key": "changes-in", "type": "definition", "offset": [496, 506]}, {"key": "duties-performed", "type": "clause", "offset": [549, 565]}], "samples": [{"hash": "lEfJWdYhW20", "uri": "/contracts/lEfJWdYhW20#reallocation", "label": "Memorandum of Understanding", "score": 33.5258293152, "published": true}, {"hash": "OU3NVi1GyM", "uri": "/contracts/OU3NVi1GyM#reallocation", "label": "Memorandum of Understanding", "score": 31.7807750702, "published": true}, {"hash": "9JxtapW5ywY", "uri": "/contracts/9JxtapW5ywY#reallocation", "label": "Memorandum of Understanding", "score": 31.7216739655, "published": true}], "hash": "84b96636d30059dda14d286e06ca0af7", "id": 3}, {"snippet": "Notwithstanding the allocation of Loan proceeds and the withdrawal percentages set forth in the Table,", "size": 535, "snippet_links": [{"key": "allocation-of-loan-proceeds", "type": "clause", "offset": [20, 47]}], "samples": [{"hash": "csODrfmIy5A", "uri": "/contracts/csODrfmIy5A#reallocation", "label": "Loan Agreement", "score": 35.7760543823, "published": true}, {"hash": "h9uK2gloqcL", "uri": "/contracts/h9uK2gloqcL#reallocation", "label": "Loan Agreement", "score": 33.6849632263, "published": true}, {"hash": "gB9b1wapotX", "uri": "/contracts/gB9b1wapotX#reallocation", "label": "Loan Agreement", "score": 33.1932525635, "published": true}], "hash": "5cd131374a8da672018d6cd5bb6a7392", "id": 1}, {"snippet": "If the Maturity Date in respect of any tranche of Revolving Facility Commitments occurs prior to the expiration of any Letter of Credit, then (i) if one or more other tranches of Revolving Facility Commitments in respect of which the Maturity Date shall not have occurred are then in effect, such Letters of Credit shall automatically be deemed to have been issued (including for purposes of the obligations of the Revolving Lenders to purchase participations therein and to make Revolving Loans and payments in respect thereof pursuant to Section 2.05(5)) under (and ratably participated in by Lenders pursuant to) the Revolving Facility Commitments in respect of such non-terminating tranches up to an aggregate amount not to exceed the aggregate principal amount of the unutilized Revolving Facility Commitments thereunder at such time (it being understood that no partial face amount of any Letter of Credit may be reallocated); provided, in no event shall such reallocation cause a Lender\u2019s share of the Revolving Facility Commitment to exceed such Lender\u2019s Commitment, and (ii) to the extent not reallocated pursuant to the immediately preceding clause (i), the Borrower shall cash collateralize any such Letter of Credit in accordance with Section 2.05(11). If, for any reason, such cash collateral is not provided or reallocation does not occur, the Revolving Lenders under the maturing tranche shall continue to be responsible for their participating interests in the Letters of Credit. Except to the extent of reallocations of participations pursuant to clause (i) of the second preceding sentence, the occurrence of a Maturity Date with respect to a given tranche of Revolving Facility Commitments shall have no effect upon (and shall not diminish) the percentage participations of the Revolving Lenders in any Letter of Credit issued before such Maturity Date. Commencing with the Maturity Date of any tranche of Revolving Facility Commitments, the sublimit for Letters of Credit shall be agreed with the Lenders under the extended tranches.", "size": 108, "snippet_links": [{"key": "in-respect-of", "type": "definition", "offset": [21, 34]}, {"key": "revolving-facility-commitments", "type": "definition", "offset": [50, 80]}, {"key": "prior-to-the", "type": "clause", "offset": [88, 100]}, {"key": "expiration-of", "type": "clause", "offset": [101, 114]}, {"key": "any-letter-of-credit", "type": "clause", "offset": [115, 135]}, {"key": "in-effect", "type": "clause", "offset": [281, 290]}, {"key": "obligations-of-the", "type": "clause", "offset": [396, 414]}, {"key": "lenders-to-purchase", "type": "clause", "offset": [425, 444]}, {"key": "payments-in", "type": "clause", "offset": [500, 511]}, {"key": "pursuant-to-section", "type": "definition", "offset": [528, 547]}, {"key": "by-lenders", "type": "clause", "offset": [592, 602]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [714, 734]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [739, 765]}, {"key": "face-amount", "type": "clause", "offset": [876, 887]}, {"key": "in-no-event-shall", "type": "clause", "offset": [943, 960]}, {"key": "a-lender", "type": "definition", "offset": [985, 993]}, {"key": "commitment-to", "type": "clause", "offset": [1028, 1041]}, {"key": "pursuant-to-the", "type": "clause", "offset": [1114, 1129]}, {"key": "the-borrower-shall", "type": "clause", "offset": [1164, 1182]}, {"key": "cash-collateralize", "type": "clause", "offset": [1183, 1201]}, {"key": "in-accordance-with", "type": "clause", "offset": [1228, 1246]}, {"key": "for-any-reason", "type": "clause", "offset": [1269, 1283]}, {"key": "responsible-for", "type": "clause", "offset": [1424, 1439]}, {"key": "participating-interests", "type": "definition", "offset": [1446, 1469]}, {"key": "the-letters-of-credit", "type": "clause", "offset": [1473, 1494]}, {"key": "except-to-the-extent", "type": "clause", "offset": [1496, 1516]}, {"key": "pursuant-to-clause", "type": "clause", "offset": [1552, 1570]}, {"key": "a-maturity-date", "type": "definition", "offset": [1627, 1642]}, {"key": "with-respect-to", "type": "clause", "offset": [1643, 1658]}, {"key": "no-effect", "type": "definition", "offset": [1720, 1729]}, {"key": "the-percentage", "type": "definition", "offset": [1760, 1774]}, {"key": "commencing-with-the", "type": "clause", "offset": [1873, 1892]}, {"key": "date-of", "type": "clause", "offset": [1902, 1909]}, {"key": "for-letters-of-credit", "type": "clause", "offset": [1970, 1991]}, {"key": "the-lenders", "type": "clause", "offset": [2013, 2024]}], "samples": [{"hash": "gPqqxxKVvrG", "uri": "/contracts/gPqqxxKVvrG#reallocation", "label": "Revolving Credit Agreement (PET Acquisition LLC)", "score": 31.9212875366, "published": true}, {"hash": "7LBCvXYm7ew", "uri": "/contracts/7LBCvXYm7ew#reallocation", "label": "Revolving Credit Agreement (PET Acquisition LLC)", "score": 31.8391513824, "published": true}, {"hash": "aaaoMgS1WZZ", "uri": "/contracts/aaaoMgS1WZZ#reallocation", "label": "Revolving Credit Agreement (Amneal Pharmaceuticals, Inc.)", "score": 31.4161529541, "published": true}], "hash": "2c2ae11fd76c1b57b8682b400e3cc00b", "id": 2}, {"snippet": "If any Revolving Lender is a Non-Funding Lender, all or a portion of such Non-Funding Lender\u2019s Letter of Credit Obligations (unless such Lender is the L/C Issuer that Issued such Letter of Credit) shall, at Revolver Agent\u2019s election at any time or upon any L/C Issuer\u2019s written request delivered to Revolver Agent (whether before or after the occurrence of any Default or Event of Default), be reallocated to and assumed by the Revolving Lenders that are not Non-Funding Lenders or Impacted Lenders in accordance with their Commitment Percentages of the Aggregate Revolving Loan Commitment (calculated as if such Non-Funding Lender\u2019s Commitment Percentage was reduced to zero and each other Revolving Lender\u2019s (other than any other Non-Funding Lender\u2019s and any Impacted Lender\u2019s) Commitment Percentage had been increased proportionately), provided, however, that no Revolving Lender shall be reallocated any such amounts or be required to fund any amounts that would cause the sum of its outstanding Revolving Loans and outstanding Letter of Credit Obligations to exceed its Revolving Loan Commitment.", "size": 47, "snippet_links": [{"key": "a-non", "type": "clause", "offset": [27, 32]}, {"key": "a-portion", "type": "definition", "offset": [56, 65]}, {"key": "the-l", "type": "clause", "offset": [147, 152]}, {"key": "revolver-agent", "type": "definition", "offset": [207, 221]}, {"key": "at-any-time", "type": "clause", "offset": [233, 244]}, {"key": "written-request", "type": "definition", "offset": [270, 285]}, {"key": "default-or-event-of-default", "type": "clause", "offset": [361, 388]}, {"key": "revolving-lenders", "type": "definition", "offset": [428, 445]}, {"key": "funding-lenders", "type": "definition", "offset": [463, 478]}, {"key": "impacted-lenders", "type": "clause", "offset": [482, 498]}, {"key": "in-accordance-with", "type": "clause", "offset": [499, 517]}, {"key": "commitment-percentages", "type": "clause", "offset": [524, 546]}, {"key": "aggregate-revolving-loan-commitment", "type": "definition", "offset": [554, 589]}, {"key": "to-zero", "type": "definition", "offset": [668, 675]}, {"key": "other-revolving-lender", "type": "definition", "offset": [685, 707]}, {"key": "other-non", "type": "clause", "offset": [726, 735]}, {"key": "to-fund", "type": "definition", "offset": [936, 943]}, {"key": "sum-of", "type": "clause", "offset": [977, 983]}, {"key": "outstanding-revolving-loans", "type": "definition", "offset": [988, 1015]}, {"key": "outstanding-letter-of-credit-obligations", "type": "definition", "offset": [1020, 1060]}], "samples": [{"hash": "2eg6Jfjw3D4", "uri": 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ASSISTANCE TO NON-PUBLIC SCHOOLS", "size": 38, "snippet_links": [{"key": "return-to", "type": "definition", "offset": [14, 23]}, {"key": "funds-received", "type": "definition", "offset": [42, 56]}, {"key": "the-state", "type": "clause", "offset": [81, 90]}, {"key": "the-secretary-shall", "type": "clause", "offset": [148, 167]}, {"key": "in-accordance-with", "type": "clause", "offset": [214, 232]}, {"key": "assistance-to-non", "type": "clause", "offset": [249, 266]}, {"key": "public-schools", "type": "clause", "offset": [267, 281]}], "samples": [{"hash": "6LX2FE0aCUr", "uri": "/contracts/6LX2FE0aCUr#reallocation", "label": "Certification and Agreement for Funding Under the Education Stabilization Fund Program Outlying Areas \u2013 State Educational Agency", "score": 33.5808830261, "published": true}, {"hash": "88EQjCWu19I", "uri": "/contracts/88EQjCWu19I#reallocation", "label": "Certification and Agreement for Funding Under the Education Stabilization Fund Program", "score": 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expenditures; and\n(b) if such reallocation cannot fully meet the estimated shortfall, reduce the percentage for withdrawal then applicable to such expenditures in order that further withdrawals under such category may continue until all expenditures thereunder shall have been made.", "size": 26, "snippet_links": [{"key": "allocation-of", "type": "clause", "offset": [20, 33]}, {"key": "amount-of-the-grant", "type": "clause", "offset": [37, 56]}, {"key": "in-this-agreement", "type": "clause", "offset": [116, 133]}, {"key": "the-administrator", "type": "clause", "offset": [138, 155]}, {"key": "allocated-to", "type": "definition", "offset": [215, 227]}, {"key": "agreement-or", "type": "definition", "offset": [270, 282]}, {"key": "agreed-percentage", "type": "definition", "offset": [346, 363]}, {"key": "to-the-recipient", "type": "definition", "offset": [435, 451]}, {"key": "to-the-extent", "type": "clause", "offset": [486, 499]}, {"key": "estimated-shortfall", "type": "definition", "offset": [521, 540]}, {"key": "other-expenditures", "type": "clause", "offset": [678, 696]}, {"key": "the-percentage", "type": "definition", "offset": [777, 791]}, {"key": "applicable-to", "type": "definition", "offset": [812, 825]}], "samples": [{"hash": "5cpAPTFtLIT", "uri": "/contracts/5cpAPTFtLIT#reallocation", "label": "Trust Fund Grant Agreement", "score": 33.679485321, "published": true}, {"hash": "8o2gThI7y4q", "uri": "/contracts/8o2gThI7y4q#reallocation", "label": "Trust Fund Grant Agreement", "score": 31.7085819244, "published": true}, {"hash": "k6bIRgo1kaa", "uri": "/contracts/k6bIRgo1kaa#reallocation", "label": "Trust Fund Grant Agreement", "score": 27.4038333893, "published": true}], "hash": "e2b2d673862f59319e27b7a01eceee7a", "id": 6}, {"snippet": "If any Lender is a Non-Funding Lender, all or a portion of such Non-Funding Lender\u2019s Letter of Credit Obligations (unless such Lender is the L/C Issuer that issued such Letter of Credit) and reimbursement obligations with respect to Swing Loans shall, at the Appropriate Agent\u2019s election at any time or upon any L/C Issuer\u2019s or Swingline Lender\u2019s, as applicable, written request delivered to Agents (whether before or after the occurrence of any Default or Event of Default), be reallocated to and assumed by the US Lenders or Canadian Lenders, as applicable, that are not Non-Funding Lenders or Impacted Lenders pro rata in accordance with their Commitment Percentages of the US Loans or Canadian Loans, as applicable, (calculated as if the Non-Funding Lender\u2019s Commitment Percentage was reduced to zero and each other Lender\u2019s Commitment Percentage had been increased proportionately), provided that no Lender shall be reallocated any such amounts or be required to fund any amounts that would cause the sum of its applicable outstanding Loans, outstanding Letter of Credit Obligations, amounts of its participations in Swing Loans and its pro rata share of unparticipated amounts in Swing Loans to exceed its US Revolving Loan Commitment or Canadian Revolving Loan Commitment, as applicable.", "size": 26, "snippet_links": [{"key": "a-non", "type": "clause", "offset": [17, 22]}, {"key": "a-portion", "type": "definition", "offset": [46, 55]}, {"key": "the-l", "type": "clause", "offset": [137, 142]}, {"key": "reimbursement-obligations", "type": "definition", "offset": [191, 216]}, {"key": "with-respect-to", "type": "clause", "offset": [217, 232]}, {"key": "loans-shall", "type": "definition", "offset": [239, 250]}, {"key": "appropriate-agent", "type": "definition", "offset": [259, 276]}, {"key": "at-any-time", "type": "clause", "offset": [288, 299]}, {"key": "swingline-lender", "type": "clause", "offset": [328, 344]}, {"key": "written-request", "type": "definition", "offset": [363, 378]}, {"key": "default-or-event-of-default", "type": "clause", "offset": [446, 473]}, {"key": "canadian-lenders", "type": "clause", "offset": [527, 543]}, {"key": "funding-lenders", "type": 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position is reallocated to a class in a lower salary range, and the salary of the employee exceeds the maximum of the new range, the employee shall be placed in the new class and shall retain his/her current salary. 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Settlement"]], "children": [["", ""], ["insurance", "Insurance"], ["representations-and-warranties", "Representations and Warranties"], ["taxes", "Taxes"], ["adjustments", "Adjustments"]], "size": 1669, "id": "reallocation", "related": [["reallocations", "Reallocations", "<strong>Reallocations</strong>"], ["reallocation-of-participations-to-reduce-fronting-exposure", "Reallocation of Participations to Reduce Fronting Exposure", "<strong>Reallocation</strong> of Participations to Reduce Fronting Exposure"], ["reallocation-of-applicable-revolving-percentages-to-reduce-fronting-exposure", "Reallocation of Applicable Revolving Percentages to Reduce Fronting Exposure", "<strong>Reallocation</strong> of Applicable Revolving Percentages to Reduce Fronting Exposure"], ["reallocation-of-applicable-percentages-to-reduce-fronting-exposure", "Reallocation of Applicable Percentages to Reduce Fronting Exposure", "<strong>Reallocation</strong> of Applicable Percentages to Reduce Fronting Exposure"], ["reallocation-of-pro-rata-share-to-reduce-fronting-exposure", "Reallocation of Pro Rata Share to Reduce Fronting Exposure", "<strong>Reallocation</strong> of Pro Rata Share to Reduce Fronting Exposure"]], "related_snippets": [], "updated": "2026-04-15T04:23:14+00:00", "also_ask": ["What are the most effective negotiation levers when reallocating rights or obligations?", "Which drafting elements are essential to prevent ambiguity in reallocation provisions?", "What are the primary legal risks or pitfalls that could render a reallocation clause unenforceable?", "How does this reallocation clause compare to standard industry or jurisdictional practices?", "What factors do courts consider most when determining the enforceability of a reallocation clause?"], "drafting_tip": "Specify the conditions triggering reallocation to prevent disputes; define the process and timeline to ensure clarity and enforceability.", "explanation": "The Reallocation clause establishes the process by which resources, responsibilities, or rights under an agreement can be redistributed among the parties. Typically, this clause outlines the conditions or events that trigger reallocation, such as changes in project scope, performance issues, or mutual agreement, and specifies the method for determining new allocations. Its core practical function is to provide flexibility and ensure fairness by allowing adjustments to the original distribution, thereby addressing unforeseen circumstances or imbalances that may arise during the course of the agreement."}, "json": true, "cursor": ""}}