RESPONSIBILITY ALLOCATION Sample Clauses

RESPONSIBILITY ALLOCATION. The components of the Design Team shall have primary responsibilities as follows:
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RESPONSIBILITY ALLOCATION. 41 12.2 Definitions...........................................................................41 12.3 Vendor receives claim.................................................................42 12.4 Purchaser receives claim..............................................................42 12.5 Vendors receive claim for post-Closing product or service.............................43 12.6 Claim made for product or service spanning Closing....................................43 12.7 Indemnities reduced by recovery from third parties....................................43
Sample 1
RESPONSIBILITY ALLOCATION. The Vendors and the Purchasers agree that any defective product (as defined in Section 12.2 below) manufactured (as defined in Section 12.2 below) and/or sold or defective service (as defined in Section 12.2 below) supplied prior to Closing in connection with the Operations shall be the responsibility of the US Vendor or Canadian Vendor, as the case may be; and that any defective product manufactured and/or sold or defective service supplied after Closing in connection with the Operations shall be the responsibility of the US Purchaser or Canadian Purchaser, as the case may be.
Sample 1
RESPONSIBILITY ALLOCATION. Tenant shall indemnify, hold harmless, protect and defend the City against any claim arising out of any increase in Hazardous Materials contamination of the Premises for which it is responsible under Section 23.b above. As between City and Tenant, City shall be responsible for all other Hazardous Materials contamination of the Premises, and shall indemnify, hold harmless, protect and defend Tenant against any claim arising out of any such contamination. For purposes of this paragraph, a claim includes any claim, demand, investigation, threat of investigation, remediation, damage, economic or other loss or liability, and defending includes the fees of experts and attorneys and the other expenses of defending against any of the foregoing, regardless of whether litigation is instituted.
Sample 1

Related to RESPONSIBILITY ALLOCATION

  • Responsibility Allowance (a) An Employee who is assigned additional responsibilities which contribute to the administration of program(s) and which comprise at least 25% of the Employee’s workload and regularly includes the supervision of and/or coordination of other Employees, shall be paid $2.00 per hour in addition to the Employee’s Basic Rate of Pay.

  • Risk Allocation The Product is Regulatorily Continuing.

  • Regulatory Allocations Notwithstanding any provisions of paragraph 1 of this Exhibit B, the following special allocations shall be made.

  • Allocation of Responsibility 6.1 For the purposes of this Schedule 8 responsibility for each minute of delay included in Minutes Delay, each Third Party Train Cancellation, each Diversion, each Failure to Stop and each Planned Service Cancellation shall be allocated according to the responsibility for the incident which caused such Minutes Delay, Third Party Train Cancellation, Diversion, Failure to Stop or Planned Service Cancellation as established in accordance with the following provisions of this paragraph 6.

  • Allocation of Responsibilities The persons responsible for the Plan and the duties and responsibilities allocated to each are as follows:

  • Other Allocation Provisions Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

  • Other Allocations Except as otherwise provided in this Agreement, all items of Partnership income, loss, deduction, and any other allocations not otherwise provided for shall be divided among the Unit Holders in the same proportions as they share Profits or Losses, as the case may be, for the year.

  • Additional Allocation Provisions Notwithstanding the foregoing provisions of this Article 6:

  • Allocations The profits and losses of the Company shall be allocated to the Members in accordance with their Percentage Interests from time to time.

  • Tax Allocation Within thirty (30) days following the Closing, Buyer shall prepare or cause to be prepared and shall deliver to Seller a draft allocation of the Base Purchase Price as adjusted pursuant to Section 3.3, prepared in accordance with Section 1060 of the Code and the Treasury Regulations issued thereunder (and any similar provision of state, local or foreign law, as appropriate) (each such allocation, a “Purchase Price Allocation”). Within ten (10) days after the receipt of such draft Purchase Price Allocation, Seller will propose to Buyer in writing any objections or proposed changes to such draft Purchase Price Allocation (and in the event that no such changes are proposed in writing to Buyer within such time period, Seller will be deemed to have agreed to, and accepted, the Purchase Price Allocation). In the event of objections or proposed changes, Buyer and Seller will attempt in good faith to resolve any differences between them with respect to the Purchase Price Allocation, in accordance with requirements of Section 1060 of the Code, within ten (10) days after Buyer’s receipt of a timely written notice of objection or proposed changes from Seller. If Buyer and Seller are unable to resolve such differences within such time period, then any remaining disputed matters will be submitted to an independent accounting firm, the identity of which shall be agreed upon by Buyer and Seller each acting reasonably, for resolution. Promptly, but by no later than ten (10) days after submission to it of the dispute(s), the independent accounting firm will determine those matters in dispute and will render a written report as to the disputed matters and the resulting allocation, which report shall be conclusive and binding upon the Parties. The fees and expenses of the independent accounting firm in respect of such report shall be paid one-half by Buyer and one-half by Seller. Buyer and Seller shall report, act, and file in all respects and for all Tax purposes (including the filing of Internal Revenue Service Form 8594) in a manner consistent with such allocations set forth on the Purchase Price Allocation so finalized, and shall take no position for Tax purposes inconsistent therewith unless required to do so by applicable law. Buyer and Seller shall reasonably cooperate in the preparation, execution and filing and delivery of all documents, forms and other information as the other Party may reasonably request to assist in the preparation of any filings relating to the allocation, pursuant to this Section 3.5.

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