Corporate Allocation definition
Examples of Corporate Allocation in a sentence
Borrowers shall have provided Administrative Agent with a draft of the Corporate Allocation Agreement that is acceptable to Administrative Agent in all respects.
These Corporate Allocation Expenses allow NAPA to have fewer employees performing routine general administrative tasks such as paper work and filing at the On Site Store(s), allowing NAPA counter personnel to focus more attention on serving the On-Site Store operations, and maximizing on-site cost efficiency.
CUSTOMER acknowledges and agrees that the costs and expenses reflected on the profit and loss statement set forth on Exhibit B are subject to change based on actual monthly costs, expenses or Corporate Allocation Expenses incurred relative to the operation of the On Site Store(s).
An example of an Operational Cost invoice reflecting such costs and expenses is attached hereto as Exhibit E, marked "Sample Operational Invoice." County acknowledges and agrees that the costs and expenses reflected in Exhibit E are subject to change based on actual monthly costs, expenses and Corporate Allocation Expenses incurred relative to the operation of the On-Site Store and Remote-Site Store.
In the event of a shortfall of funds in the Concentration Account at any time, the order of priority of all payments made from the Concentration Account shall be as follows: (1) Payroll Taxes; (2) Payroll; (3) Mortgage Payments; (4) Insurance Payments; (5) any Corporate Allocation Payment; (6) any Upstream Fiduciary Payment; (7) any Downstream Repayment; and (8) any payments to vendors to, or suppliers of, the Company and its Subsidiaries.