Specific Allocation definition

Specific Allocation have the respective meanings given such terms in Section 2.03.
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Examples of Specific Allocation in a sentence

  • If there is an adjustment to the Total Purchase Price pursuant to this Agreement, Buyer and Grace shall modify the Allocation and the Specific Allocation so that the adjustment is allocated to the country where it relates or as Buyer and Grace otherwise mutually agree.

  • After receipt of such statement, the Allocation and the Specific Allocation shall be amended to reflect the Total Purchase Price as so adjusted, as Grace and Buyer shall mutually agree, giving effect to the country or countries which account for any such adjustment.

  • Prior to the Closing Date, Grace and Buyer shall, in good faith, negotiate a specific allocation, in accordance with the Allocation, that complies with the requirements of Section 1060 of the Code and any other applicable provision of state, local or foreign Tax law (the "Specific Allocation").

  • In the event that the Allocation or the Specific Allocation is disputed by any Taxing Authority, the party receiving notice of the dispute shall promptly notify the other party hereto concerning the resolution of such dispute.

  • Each of the Dexter Group and the Buyer Group shall, except for allocations relating to expenses incurred in the transactions contemplated herein which are included in the purchase price for Buyer, be bound by the Allocation and the Specific Allocation for all tax purposes including the preparation and filing of tax returns.

  • Buyer and Grace each agrees to file Internal Revenue Service Form 8594, and all federal, state, local and foreign Tax Returns, using consistent allocations (except for allocations relating to expenses incurred in the transactions contemplated herein which are included in the purchase price for Buyer) in accordance with the Specific Allocation.

  • Buyer and Grace may make material modifications to the Allocation and the Specific Allocation only by mutual consent.

  • Prior to the Closing Date, Dexter and Buyer shall, in good faith, negotiate a specific allocation, in accordance with the Allocation, that complies with the requirements of Section 1060 of the Code and any other applicable provision of state, local or foreign tax law (the "Specific Allocation").

  • Each of the Grace Group and the Buyer Group shall, except for allocations relating to expenses incurred in the transactions contemplated herein which are included in the purchase price for Buyer, be bound by the Allocation and the Specific Allocation for all Tax purposes including the preparation and filing of Tax Returns.

  • If there is an adjustment to the Total Purchase Price pursuant to this Agreement, Buyer and Dexter shall modify the Allocation and the Specific Allocation so that the adjustment is allocated to the Closing Amount in the country where it relates or as Buyer and Dexter otherwise mutually agree.

Related to Specific Allocation

  • 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:

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

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • 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).

  • Cost Allocation Plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.