Examples of Allocation Rates in a sentence
Together with the Notice of Beneficiary Designation required to be filed pursuant to subparagraph4.0.2, the Trustee shall also file with the Court and serve upon each Consent Decree party, Beneficiary, and Pending Beneficiary, a corresponding recalculation of the Initial Allocation Rates to reallocate each Excluded Entity’s share among the Beneficiaries and Pending Beneficiaries, weighted in accordance with the Initial Allocation Rates (“Final Allocation Rates”).
The Trustee shall file with the Court and serve upon each Consent Decree party, Beneficiary, and Pending Beneficiary a notice of reallocation in the event that the Final Allocation Rates are adjusted in accordance with this Trust Agreement.
Any “National Mitigation Trust Payment” made pursuant to Section VI (Recall Rate) of Appendix A (Buyback, Lease Termination, and Vehicle Modification Recall Program) shall be allocated among all Beneficiaries other than California, weighted in accordance with the Final Allocation Rates.
On the tenth anniversary of the Trust Effective Date, each Beneficiary may seek to supplement its remaining allocation by filing with the Court and delivering to the Trustee a written report demonstrating that it has by that date obligated at least eighty percent (80%) of the funds allocated to it pursuant to the Final Allocation Rates calculated pursuant to subparagraph 5.0.1 (as determined with specific reference to the reports submitted pursuant to subparagraph 5.3).
If any Pending Beneficiary is deemed an Excluded Entity hereunder, its share shall be reallocated among the Beneficiaries and remaining Pending Beneficiaries, weighted in accordance with the Final Allocation Rates.