Benefit Allocation Sample Clauses

Benefit Allocation. 23 For all years of this agreement, the District shall allocate the amount identified in the State Appropriations 24 Act (for educational employees) for each full-time employee for mandatory long-term disability insurance, 25 vision, life, and dental insurance, all jointly approved by the District and the Association. Part-time employees 26 will receive a prorated allocation based on their FTE. Job share staff will be eligible to share one (1) benefit 27 allocation on a pro rata basis. The District is solely responsible for paying the HCA premium for retirees. 29 When a portion of this contribution is applied to a combination of medical insurances, the application shall 30 be first to the mandatory insurances in this Article, then to health insurance up to the amount of the premium. 31 The allocations identified in this article are dependent on the State both authorizing and providing funding to 32 pay such benefit allocation. If the State fails to authorize and fund the District to the full extent of the 33 allocation stated above, the District shall pass through any State funding actually received.
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Benefit Allocation. Subject to any adjustment in accordance with Section 5.7 or otherwise under this Agreement or the Supply Agreement, the Parties shall share commercial benefits arising from their and their Affiliates' respective activities in connection with the Commercialization of the Products hereunder (the "Benefit Allocation") (i) on an equal basis with respect to the U.S. Territory, and (ii) in accordance with the percentages set forth in the table below with respect to each of the Major EU Countries: Percentage Allocation of Benefit for the Major EU Countries Period During the Applicable Country Term in each of ------------------------------------ the Major EU Countries Idenix Novartis ------------------------------------------------------ --------------- --------------- The 12-month period beginning on the Launch Date in [**]% [**]% such country The 12-month period beginning on the first anniversary [**]% [**]% of the Launch Date in such country Each 12-month period beginning on the second and [**]% [**]% subsequent anniversaries of the Launch Date in such country through the end of the applicable Country Term
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Benefit Allocation. When members of the Los Angeles based locals (e.g. 600, 695, 700, 800, and 871) and/or Employees referred for work by the Los Angeles based locals and/or those Employees otherwise participating in the Motion Picture Industry Pension and Health Plans are dispatched to San Diego or Orange County, they shall receive medical and retirement benefits in accordance with the provisions specific to Los Angeles based Employees outlined in Article XXII – Health and Welfare. All contributions are payable by Employer to the Motion Picture Industry Pension and Health Plans and Individual Account Plan.
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Benefit Allocation. When members of San Diego Local 795 and/or Employees referred for work by Local 795 and/or otherwise participating in the IATSE National Health and Welfare Plans shall receive medical retirement benefits in accordance with the provisions outlined in the IATSE/Fox Regional Agreement, Article XXI, Health and Welfare.
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Benefit Allocation. If a county depletes their SCP services (benefit) allocation, their SCP administrative funds may be used to provide benefits to recipients. However, the benefit allocation cannot be used to increase the administrative allocation. Expenditures for services and administrative costs should be claimed on the County Expense Claim. Claiming instructions were provided in County Fiscal Letter (CFL) No. 98/99-18 dated September 25, 1998, and No. 98/99-52, dated December 17, 1998.
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Benefit Allocation. When members of San Diego Local 795 and/or Employees referred for work by Local 795 and/or otherwise participating in the IATSE National Health and Welfare Plans shall receive medical retirement benefits in accordance with the provisions outlined in this Agreement, Article XXI, Health and Welfare. DocuSign Envelope ID: 014F61C7-D3D0-433B-BB57-FEDBF4F4957F Uniform Sports Side Letters (Applicable to both Regions) Side Letter #1: Travel Consistent with industry past practice, if an Employee is transported into the jurisdiction of a local union of the IATSE from another IATSE Local union’s jurisdiction, the following shall apply: - The wage, benefit, travel, and per diem sections of the CBA of the Employee’s home local shall travel with that Employee. - The working conditions of the CBA that the Employee travels to shall apply e.g. rest periods, meal breaks, staffing, parking, etc. - Employees properly traveled in from another jurisdiction shall not count against any accumulated number that applies to a local Union’s Referral waiver/exceptions.
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Related to Benefit Allocation

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04.

  • Tax Allocation Prior to the Closing, Seller and Purchaser shall cooperate in good faith to determine a reasonable allocation of the total consideration paid for the Transferred Assets, as finally determined pursuant to Section 2.1(d), Section 2.1(i) and Section 3.3, in accordance with Section 1060 of the Code and the Treasury Regulations promulgated thereunder (the “Purchase Price Allocation”). Seller and Purchaser shall cooperate in good faith to mutually agree to such allocation and shall reduce such agreement to writing, which agreement shall be reflected in an Exhibit 2.1(j) to be approved by Seller and Purchaser prior to Closing. Seller and Purchaser shall jointly and properly execute each party’s respective completed Internal Revenue Service Form 8594, and any other forms or statements required by the Code (or state or local Tax law), Treasury Regulations or the Internal Revenue Service or other Governmental Authority (together with any and all attachments required to be filed therewith), which forms and statements will be prepared in a manner consistent with the Purchase Price Allocation. Seller and Purchaser shall file timely such forms and statements with the Internal Revenue Service or other Governmental Authority. The Purchase Price Allocation shall be appropriately adjusted to take into account any subsequent payments under this Agreement and any other subsequent events required to be taken into account under Section 1060 of the Code. Seller and Purchaser shall not file any Tax Return or other documents or otherwise take any position with respect to Taxes that is inconsistent with the Purchase Price Allocation; provided, however, that neither Seller nor Purchaser shall be obligated to litigate any challenge to such allocation by any Governmental Authority. Seller and Purchaser shall promptly inform one another of any challenge by any Governmental Authority to any allocation made pursuant to this Section 2.1(j) and agree to consult with and keep one another informed with respect to the state of, and any discussion, proposal or submission with respect to, such challenge.

  • Death Benefit Amount The Death Benefit Amount as of any Business Day prior to the Annuity Date is equal to the greater of:

  • Tax Allocations Each item of income, gain, loss or deduction recognized by the Company shall be allocated among the Members for U.S. federal, state and local income tax purposes in the same manner that each such item is allocated to the Member’s Capital Accounts pursuant to Section 3.2(d) or as otherwise provided herein, provided that the Board may adjust such allocations as long as such adjusted allocations have substantial economic effect or are in accordance with the interests of the Members in the Company, in each case within the meaning of the Code and the Treasury Regulations. Tax credits and tax credit recapture shall be allocated in accordance with the Members’ interests in the Company as provided in Treasury Regulations section 1.704-1(b)(4)(ii). Items of Company taxable income, gain, loss and deduction with respect to any property (other than cash) contributed to the capital of the Company or revalued shall, solely for tax purposes, be allocated among the Members, as determined by the Board in accordance with Section 704(c) of the Code, so as to take account of any variation between the adjusted basis of such property to the Company for U.S. federal income tax purposes and its fair market value at the time of contribution or revaluation, as the case may be. All of the Members agree that the Board is authorized to select the method or convention, or to treat an item as an extraordinary item, in relation to any variation of any Member’s interest in the Company described in section 1.706-4 of the Treasury Regulations in determining the Members’ distributive shares of Company items. All matters concerning allocations for U.S. federal, state and local and non-U.S. income tax purposes, including accounting procedures, not expressly provided for by the terms of this Agreement shall be determined by the Board in its sole discretion. Each Class B Ordinary Share is intended to be treated as a profits interest for U.S. federal income tax purposes, and all of the Members agree to report consistently with, and to take any action requested by the Board to ensure, such treatment.

  • Cost Allocation Cost allocation of Generator Interconnection Related Upgrades shall be in accordance with Schedule 11 of Section II of the Tariff.

  • Corrective Allocations In the event of any allocation of Additional Book Basis Derivative Items or any Book-Down Event or any recognition of a Net Termination Loss, the following rules shall apply:

  • Gross Income Allocation If any Partner has a deficit Capital Account at the end of any Fiscal Year which is in excess of the sum of (i) the amount such Partner is obligated to restore, if any, pursuant to any provision of this Agreement, and (ii) the amount such Partner is deemed to be obligated to restore pursuant to the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner shall be specially allocated items of Partnership income and gain in the amount of such excess as quickly as possible; provided that an allocation pursuant to this Section 5.05(c) shall be made only if and to the extent that a Partner would have a deficit Capital Account in excess of such sum after all other allocations provided for in this Article V have been tentatively made as if Section 5.05(b) and this Section 5.05(c) were not in this Agreement.

  • No Tax Allocation, Sharing The Acquiror Company is not and has not been a party to any Tax allocation or sharing agreement.

  • Loss Allocation Limitation No allocation of Net Loss (or items thereof) shall be made to any Holder to the extent that such allocation would create or increase an Adjusted Capital Account Deficit with respect to such Holder.

  • FORFEITURE ALLOCATION Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b))

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