Reasonable Method Sample Clauses

Reasonable Method. If, with respect to any Protected Property, Treasury Regulations or other official written guidance issued by the Internal Revenue Service (“Guidance”) do not explicitly provide for the manner in which Code Section 704(c) is applied, the relevant Company (and each Subsidiary) shall use the “reasonable method” (within the meaning of the Treasury Regulations Section 1.704-3(a)(1)) that results in the most beneficial tax treatment to the Protected Members; provided, however, that the relevant Company (or Subsidiary) shall not be required to use such method in the future if applicable Guidance or case law determines that such method is not a “reasonable method” (within the meaning of the Treasury Regulations Section 1.704-3(a)(1)).
AutoNDA by SimpleDocs

Related to Reasonable Method

  • Billing Method 1.5.1 To receive payment for services rendered under this contract, the Contractor shall submit a fully completed invoice for work previously performed to: Minneapolis Public Housing Authority Attention: Accounts Payable, Suite 307 0000 Xxxxxxxxxx Xxx X, Xxxxxxxxxxx, XX 00000 or: xxxxxxxx@xxxxxxx.xxx

  • Test method 3.3.1. The method used shall be that described in Annex 3, paragraph 3.1.

  • Accounting Method For both financial and tax reporting purposes, the books and records of the Company shall be kept on the accrual method of accounting applied in a consistent manner and shall reflect all Company transactions and be appropriate and adequate for the Company’s business.

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C.1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Allocation Method The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose one of a., b., c., or d.):

  • Methodology 1. The price at which the Assuming Institution sells or disposes of Qualified Financial Contracts will be deemed to be the fair market value of such contracts, if such sale or disposition occurs at prevailing market rates within a predefined timetable as agreed upon by the Assuming Institution and the Receiver.

  • Accounting Methods Implement or adopt any change in its accounting principles, practices or methods, other than as may be required by GAAP.

  • Procurement Method (a) Quality-Based Selection (b) Selection under a Fixed Budget

  • Change in Accounting Method Neither Company nor any of its Subsidiaries has agreed to make, nor is it required to make, any material adjustment under Section 481(a) of the Code or any comparable provision of state, local, or foreign Tax Laws by reason of a change in accounting method or otherwise.

  • Service Providing Methodology 1.3.1 Party A and Party B agree that during the term of this Agreement, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A, which shall provide the specific contents, manner, personnel, and fees for the specific services.

Time is Money Join Law Insider Premium to draft better contracts faster.