PCHS definition

PCHS is defined in Section 14.26.
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PCHS shall have the meaning set forth in Section 14.2. (aaa) “Percentage Interest” means the percentage interest of a Member set forth opposite the name of such Member under the column “Member’s Percentage Interest” in Exhibit A hereto, as such percentage may be adjusted from time to time pursuant to the terms of this Agreement. A Member’s Percentage Interest shall be determined by dividing his or her Units by the total number of Units then outstanding. (bbb) “Permitted Transfers” shall have the meaning set forth in Section 8.4(a). (ccc) “Person” means any individual or Entity, and the heirs, executors, administrators, legal representatives, successors, and assigns of such “Person” where the context so requires. (ddd) “Prior Tax Distributions” shall have the meaning set forth in Section 4.2(e). (eee) “Profits or Losses” means, for each fiscal year or other period, an amount equal to the Company’s taxable income or loss for such year or period, determined in accordance with Code section 703(a) (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Code section 703(a)(1) shall be included in taxable income or loss), with the following adjustments: (1) Any income of the Company that is exempt from federal income tax and not otherwise taken into account in computing Profits or Losses shall be included as if it were taxable income; (2) Any expenditures of the Company described in Code section 705(a)(2)(B) or treated as Code section 705(a)(2)(B) expenditures pursuant to Treasury Regulation 1.704-1(b)(2)(iv)(i), shall be taken into account in computing such taxable income or loss as if they were deductible items; (3) Gain or loss resulting from any disposition of Company assets with respect to which gain or loss is recognized for federal income tax purposes shall be computed by reference to the Gross Asset Value of the property disposed of, notwithstanding that the adjusted tax basis of such property differs from its Gross Asset Value; (4) In lieu of the depreciation, amortization and other cost recovery deductions taken into account in computing such taxable income or loss, the Company shall compute such deductions based on the book value of Company property, in accordance with Treasury Regulations Section 1.704-1(b)(2)(iv)(g)(3). (5) Any items which are specifically allocated pursuant to pursuant to a Section 754 election, a recharacterization of a guaranteed payment as a distribution, a qualified income offset, ...
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PCHS has the meaning assigned to it in Section 9.18.
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Examples of PCHS in a sentence

  • Failure to evaluate the Employee shall not prevent PCHS from releasing the Employee in accordance with this Agreement.

  • The bases for discharge for cause may include but are not limited to conduct such as neglect of duty, incompetence, breach of contract, dishonesty, disclosure of confidential information, unprofessional conduct, insubordination, violation of law or conviction of any felony or other criminal offense, or any failure of good conduct that might be likely to affect PCHS negatively.

  • PCHS reserves the right to change benefits providers or packages as necessary, while still ensuring compliance with the employee benefits section of the Palisades Charter High School Charter.

  • You can also access the PCHS Canvas course site by going to ▇▇▇▇://▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.

  • PCHS and its staff members are not responsible for personal items that are lost or stolen on company premises or at clinicals.

  • PCHS accepts cash, cashier’s checks, money orders, debit and credit cards.

  • Please contact a PCHS representative for information about payment plans prior to submitting your application.

  • Each member of the PCHS School Success Plan will be assigned particular & relevant data to collect over each school year.

  • The JOB TITLE is entitled to participate in PCHS provided health and welfare benefits including but not limited to medical, dental, vision and life insurance.

  • The TITLE is entitled to participate in PCHS provided health and welfare benefits including but not limited to medical, dental, vision and life insurance.