Agreed Allocation definition

Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).
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Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 4.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).
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Agreed Allocation means any allocation (or limitation imposed on any allocation) of an item of income, gain, deduction or loss pursuant to Section 5.1 that is not a Required Allocation.
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Examples of Agreed Allocation in a sentence

  • Based upon the data, a true-up of the amount of Product Water delivered to MCWD as the MCWD Agreed Allocation shall occur by either crediting or debiting the anticipated amount of the MCWD Agreed Allocation for the current Calendar Year by the amount of Product Water actually delivered to MCWD as the MCWD Agreed Allocation during the prior Calendar Year less the actual MCWD Agreed Allocation for such immediately prior Calendar Year.

  • In the event MCWRA reasonably determines that the MCWD Agreed Allocation would not comply with Legal Requirements, the Parties shall meet and confer, using diligent good faith efforts, to develop a plan of action in accordance with the procedures set forth in Section 8.2(c) of this Agreement.

  • During a Critically Dry Year, taking into account and satisfying the MCWD Agreed Allocation (as the same is subject to terms of Section 9.6), CAW shall be authorized to take and receive up to 10,900 AFY, if feasible, from the Regional Desalination Project for distribution to its customers.

  • So long as there is no MCWD Permanently Allocated Product Water nor has MCWD requested to receive or use Product Water in excess of the MCWD Agreed Allocation (subject to the provisions of Section 9.6), then the MCWD Proportional Share of Debt Service shall be equal to zero.

  • If the Selling Members and Purchaser agree regarding such valuation and allocation (the “Agreed Allocation”), the Selling Members and Purchaser shall report the transactions contemplated hereby to all Taxing Authorities on all Tax Returns filed by the parties in a manner consistent with such Agreed Allocation; otherwise, the Selling Members, on one hand, and Purchaser, on the other hand, may each use their own valuation and allocation as each believes to be true and correct.


More Definitions of Agreed Allocation

Agreed Allocation means any allocation made pursuant to Section 5.1(a), (b), (c), (d) or (f).
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Agreed Allocation has the meaning set forth in Section 6.1(b)(ii).
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Agreed Allocation means any allocation made pursuant to Section 5.1(a), (b), (c) or (d).
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Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1. “Agreed Value” of any item of property means the fair market value of such item of property as determined by the General Partner using such reasonable method of
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Agreed Allocation has the meaning ascribed to it in Section 2.5.
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Agreed Allocation has the meaning set forth in Section 3.2.
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Agreed Allocation has the meaning set forth in Section 9.3(a)(i).
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