Home Office Allocations definition

Home Office Allocations means, for any period for which such ----------------------- sum is being computed, the amount of reimbursement payable by Borrower to Xxxxx for general overhead and administrative expenses pursuant to Section 4.2 of the Partnership Agreement during such period.
Sample 1
Home Office Allocations shall have the definition set forth in the Loan Agreement.
Sample 1
Home Office Allocations means, for any period for which such sum ----------------------- is being computed, the amount of reimbursement payable by the Company to JII for general overhead and administrative expenses of JII allocated to the Company pursuant to Paragraph 4 of Article VII of the Joint Venture Agreement (computed by JII consistently with respect to all partnerships of which it or a Subsidiary or Affiliate is a general partner or with which it is otherwise affiliated and payment of which shall be subject to all the terms and provisions of this Agreement and the Subordination Agreement).
Sample 1

Examples of Home Office Allocations in a sentence

  • Borrower shall not make any payment of or accrue Home Office Allocations which are not either (i) overhead and administrative expenses directly attributable to the management or operation of the Borrower by Xxxxx or (ii) Borrower's proportionate share of general overhead and administrative expenses incurred by Xxxxx in the management of all of the partnerships of which Xxxxx is the manager.

  • Make any payments of or ------------------------------------------- accrue (a) Management Fees for any fiscal quarter of Borrower in an amount greater than five percent (5%) of Borrower's Gross Operating Revenues for such quarter, or (b) Home Office Allocations for any fiscal quarter of Borrower in an amount greater than twenty-five percent (25%) of Borrower's Gross Operating Revenues for such quarter.

  • Except as described above, any Management Fees and Home Office Allocations accrued but unpaid for any fiscal quarter shall be deferred and subordinated to Bank pursuant to the Subordination Agreement.

  • Any Management Fees and Home Office Allocations accrued but unpaid for any fiscal quarter shall be deferred and subordinated to Bank pursuant to the Subordination Agreement.

Related to Home Office Allocations

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Allocation shall have the meaning set forth in Section 2.7.

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Required Allocations means (a) any limitation imposed on any allocation of Net Losses or Net Termination Losses under Section 6.1(b) or 6.1(c)(ii) and (b) any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), 6.1(d)(ii), 6.1(d)(iv), 6.1(d)(vii) or 6.1(d)(ix).

  • Allocation Schedule has the meaning set forth in Section 2.07.

  • Final Allocation has the meaning set forth in Section 2.3.

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Government guaranteed securities, which may be held without limit:

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Taxable Wage Base means the contribution and benefit base in effect under Section 230 of the Social Security Act at the beginning of the Plan Year.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Home and community-based services or "HCBS" means Home and Community-Based Services as defined in OAR chapter 411, division 004.

  • Allocations means any and all of the allocations described in Sections 1.3(a), 1.3(b), 1.3(c) and 1.3(d) hereof.

  • Payroll Tax Executive Order means the Presidential Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster, as issued on August 8, 2020 and including any administrative or other guidance published with respect thereto by any Governmental Authority (including IRS Notice 2020-65).