Required Allocation definition

Required Allocation has the meaning set forth in Section 5.1(b)(x).

Required Allocation shall have the meaning ascribed thereto in Section 5.4.

Required Allocation. Any allocation (or limitation imposed on any allocation) of an item of income, gain, deduction or loss pursuant to (a) the proviso-clause of Section 5.1.2.2 and Sections 5.1.4.1, 5.1.4.2, 5.1.4.2, 5.1.4.4, 5.1.4.5, 5.1.4.6, 5.1.4.7, and 5.1.4.9, such allocations (or limitations thereon) being directly or indirectly required by the Treasury Regulations promulgated under Section 704(b) of the Code.

Examples of Required Allocation in a sentence

• The allocations in this portion of Section 6.1(d) are a Required Allocation for purposes of the allocation of Curative Allocations in Section 6.1(d).

• The limitation on the allocation of Net Termination Loss that is contained in the preceding sentence is a Required Allocation for purposes of the allocation of Curative Allocations in Section 6.1(d).

• The limitation on the allocation of Net Loss that is contained in the preceding sentence is a Required Allocation for purposes of the allocation of Curative Allocations in Section 6.1(d).

• After the effective date of this Executive Order, each Issuing Authority shall advise the Board on or before the fifteenth day after the issuance of any Bonds of the principal amount of Bonds issued under an Initial Required Allocation or under a Subsequent Allocation by delivering to the Board a copy of the Form 8038 which was delivered to the Internal Revenue Service in connection with such Bonds.

• If your answer to either Question (a) or to Question (b) above was ‘No’, please continue with the assessment of the definition of a liability (from paragraph 32 below).

More Definitions of Required Allocation

Required Allocation means any allocation (or limitation imposed on an allocation) of an item of income, gain, deduction or loss pursuant to Sections 5.2(d)(i), (ii), (iii), (vii) and (ix).

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

Required Allocation means any allocation (or limitation imposed on any allocation) of an item of income, gain, deduction or loss pursuant to Sections 9.6(a), 9.6(b), 9.6(c), 9.6(d), 9.6(e), 9.9(f) and 9.6(g), such allocations (or limitations thereon) being directly or indirectly required by the Treasury Regulations promulgated under Section 704(b) of the Code. Residual Gain or Residual Loss - any item of gain or loss, as the case may be, of the Company recognized for federal income tax purposes resulting from a sale, exchange or other disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss is not allocated pursuant to Sections 9.7(b)(1)(A) or 9.7(b)(2)(A) to eliminate Book-Tax Disparities.

Required Allocation at any time means the sum of the Total Purchasers' Investment, Discount Factor, Servicer's Fee Reserve and Credit Reserve at such time as calculated pursuant to Section 2.02.

Required Allocation means any allocation (or limitation imposed on an allocation) of an item of income, gain, deduction or loss pursuant to Sections 5.2(d)(i), (ii), (iii), (vi) and (viii).

Required Allocation of an Undivided Interest at any time means an amount determined as follows: RA=PI + DF + CR + SFR + DR where: RA=the Required Allocation of an Undivided Interest at any time; PI=the Purchaser's Investment of such Undivided Interest at such time, as determined pursuant to Section 2.03; DF=the Discount Factor of such Undivided Interest at such time, as determined pursuant to Part I of Appendix B; CR =the Credit Reserve of such Undivided Interest at such time, as determined pursuant to Part II of Appendix B; SFR=the Servicer's Fee Reserve of such Undivided Interest at such time, as determined pursuant to Part IV of Appendix B; and DR=the Dilution Reserve of such Undivided Interest at such time as determined pursuant to Part III of Appendix B. The "related" Undivided Interest with respect to any of the foregoing items shall mean the Undivided Interest as to which such item is calculated.

Required Allocation means any allocation (or limitation imposed on an allocation) of an item of income, gain, deduction or loss pursuant to Section 6.02(c)(i) through Section 6.02(c)(vi).