Allotment amount definition
Examples of Allotment amount in a sentence
The aforementioned Allotment amount shall also not be increased to account for taxation benefits.
The City shall provide a comparable or replacement benefit to any benefit lost as a result of compliance with the ACA, including a “Cadillac Tax.” The aforementioned comparable or replacement benefit shall be up to, but not exceed the Allotment amount, as provided for in Article 2.19(I)(B)(1) (currently $13,024 for 2015), less any remaining or non-impacted Allotment amounts.
The City provides a Cafeteria Plan Allotment amount (“Allotment”) to WCE represented employees to purchase benefits qualified under Section 125 of the IRC as set forth in Article 2.11 of the MOU.
The total Grant Funds amount will equal the Initial Payment amount plus the Additional Allotment amount.
The City shall provide a comparable or replacement benefit to any benefit lost as a result of compliance with the ACA, including a “Cadillac Tax.” The aforementioned comparable or replacement benefit shall be up to, but not exceed the Allotment amount, as provided for in Article 2.19(I)(B) above (currently $14,136 for 2017), less any remaining or non-impacted Allotment amounts.
Notwithstanding the estimated “Service Agreement Amount” set forth in Exhibit A, the Parties may enter into a (or modify an existing) Service Agreement up to, but not to exceed, the Total Grant Allotment amount set forth in Exhibit A.
If, for either Contract Year identified in the table above, the amount of the actual charges due IBM for the MLC Programs is greater or less than the MLC Allotment amount shown in the table, then (i) if the amount of the actual charges due IBM is greater than the MLC Allotment amount, Galileo shall pay the difference to IBM, and (ii) if the MLC Allotment amount is greater than the amount of the actual charges due IBM, IBM shall give Galileo a credit equal to the difference for the prior year.
FourLeaf may terminate this Agreement upon notice to PID if PID fails to deliver the Base Allotment for more than two months (each, a “Shortfall Month”) during the Term; provided however, if PID delivers the shortfall Based Allotment amount within 30 days following the end of the applicable Shortfall Month, such month shall not be deemed a Shortfall Month for the purposes of this Section 5(b)(v).
Provided that where the Allottee proposes to cancel/withdraw from the Project without any fault of the Promoter, the Promoter herein is entitled to forfeit total allotment amount, being the allotment amount (Allotment amount paid by Allottee) plus applicable taxes and other incidental charges being stamp duty, registration charges, administrative charges, legal fees, other incidental charges and due interest upon unpaid amount till the date of cancellation.
In the event that Galileo does not use the entire Machines Allotment amount specified for any Product type for any applicable period by the end of that period, then Galileo may elect, upon prior written notice to IBM, to defer any remaining balance of such Machines Allotment to a time following such period and prior to the Expiration Date or apply it towards acquiring other Machines directly from or through IBM under this AMO Agreement, as confirmed by an Order Letter.