Insurance Allocation Sample Clauses

Insurance Allocation. 6 For the duration of this contract the funded state contribution shall be made available, for the cost
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Insurance Allocation. 1. During the life of this Agreement, the District and the Association agree to "pool" insurance benefits using a "traditional" pooling plan (i.e., distributing unused District benefit contributions back to the employees that can use the funds to pay the cost of unfunded medical premiums).
Sample 1Sample 2Sample 3
Insurance Allocation. ‌ 6 For the duration of this contract the funded state contribution shall be made available, for the cost 7 of insurance per month, for each full-time equivalent employee. This amount will be applied 8 monthly toward mutually approved dental; vision; $50,000 term life and $50,000 accidental death 9 and dismemberment (to become effective November 1, 2000); long-term disability; and medical 10 insurance plans officially recognized by the board. Should the legislature, courts, OSPI, or the 11 state auditor determine that the granting of the insurance allocation would render the District to 12 be out of compliance with the fringe benefit portion of salary compensation lid laws or 13 compliance regulations resulting in a withholding of funds or fine to the District, amounts 14 contributed shall be reversed by the District to the extent necessary to bring the District back 15 within the bounds of the law and into compliance. Deductions from the amount available to an 16 Employee (.5 to 1.0 FTE) shall be made in the following order: 18 a. District group dental plan
Sample 1
Insurance Allocation. 34 35 For the duration of this contract the funded state contribution plus 36 twenty ($20) dollars shall be made available, for the cost of insurance 37 per month, for each full-time equivalent employee. This amount will be 38 applied monthly toward mutually approved dental; vision; $50,000 term 39 life and $50,000 accidental death and dismemberment(to become effective 40 November 1, 2000); long-term disability; and medical insurance plans 41 officially recognized by the board. Should the legislature, courts, 42 OSPI, or the state auditor determine that the granting of the insurance 1 allocation would render the District to be out of compliance with the 2 fringe benefit portion of salary compensation lid laws or compliance 3 regulations resulting in a withholding of funds or fine to the 4 District, amounts contributed shall be reversed by the District to the 5 extent necessary to bring the District back within the bounds of the 6 law and into compliance. Deductions from the amount available to an
Sample 1
Insurance Allocation. If the Premises are not separately insured by Landlord's insuror but are insured as part of a larger parcel, the allocation of insurance expenses shall be a fractional portion of the insurance expenses, the numerator of which shall be the number of square feet of floor area comprising the Premises and the denominator of which shall be the total number of square feet of floor area of the building. An equitable adjustment shall be made for floor area which is only partially completed on the date that such insurance expenses become an obligation.
Sample 1
Insurance Allocation. Tenant shall pay its Proportionate Share of all Insurance on the Common Areas and, in the event that the Premises are not separately insured, Tenant shall pay its Proportionate Share of the costs for all such insurance carried by Landlord.
Sample 1
Insurance Allocation. The District shall allocate the amount identified in the 11 State Appropriations Act (for educational employees) for each full-time employee (1440 12 hours or more) for mandatory term life, dental insurance and optional medical benefits, all 13 jointly approved by the District and the Association. Part-time employees will receive 14 contributions on a prorated basis of 1,440 hours. 15 16 The allocations identified in this article are dependent on the State both authorizing and 17 providing funding to pay such benefit allocation. If the State fails to authorize and fund the 18 District to the full extent of the allocation stated above, the District shall pass through any 19 State funding actually received. 20
Sample 1
AutoNDA by SimpleDocs
Insurance Allocation. 42 For all years of this agreement, the District shall allocate the amount identified in the State Appropriations 43 Act (for educational employees) for each full time employee (1440 hours or more) for mandatory term life, 44 dental insurance and optional medical benefits, all jointly approved by the District and the Association. Part- 45 time employees will receive contributions on a prorated basis of 1,440 hours. 46 1 The allocations identified in this article are dependent on the State both authorizing and providing funding 2 to pay such benefit allocation. If the State fails to authorize and fund the District to the full extent of the 3 allocation stated above, the District shall pass through any State funding actually received. 4
Sample 1
Insurance Allocation. 8 For all years of this agreement, the District shall allocate the amount identified in the State Appropriations 9 Act (for educational employees) for each full time employee (1440 hours or more) for mandatory term life, 10 dental insurance and optional medical benefits, all jointly approved by the District and the Association. Part- 11 time employees will receive contributions on a prorated basis of 1,440 hours. 13 The allocations identified in this article are dependent on the State both authorizing and providing funding 14 to pay such benefit allocation. If the State fails to authorize and fund the District to the full extent of the 15 allocation stated above, the District shall pass through any State funding actually received.
Sample 1

Related to Insurance Allocation

  • 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.

  • 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.

  • 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.

  • 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.

  • Curative Allocation (A) Notwithstanding any other provision of this Section 6.1, other than the Required Allocations, the Required Allocations shall be taken into account in making the Agreed Allocations so that, to the extent possible, the net amount of items of gross income, gain, loss and deduction allocated to each Partner pursuant to the Required Allocations and the Agreed Allocations, together, shall be equal to the net amount of such items that would have been allocated to each such Partner under the Agreed Allocations had the Required Allocations and the related Curative Allocation not otherwise been provided in this Section 6.1. Notwithstanding the preceding sentence, Required Allocations relating to (1) Nonrecourse Deductions shall not be taken into account except to the extent that there has been a decrease in Partnership Minimum Gain and (2) Partner Nonrecourse Deductions shall not be taken into account except to the extent that there has been a decrease in Partner Nonrecourse Debt Minimum Gain. In exercising its discretion under this Section 6.1(d)(xi)(A), the General Partner may take into account future Required Allocations that, although not yet made, are likely to offset other Required Allocations previously made. Allocations pursuant to this Section 6.1(d)(xi)(A) shall only be made with respect to Required Allocations to the extent the General Partner determines that such allocations will otherwise be inconsistent with the economic agreement among the Partners. Further, allocations pursuant to this Section 6.1(d)(xi)(A) shall be deferred with respect to allocations pursuant to clauses (1) and (2) hereof to the extent the General Partner determines that such allocations are likely to be offset by subsequent Required Allocations.

  • Treatment of Tax Indemnity and Tax Benefit Payments In the absence of any change in Tax treatment under the Code or other applicable Tax Law,

  • Tax Cooperation; Allocation of Taxes (i) Seller and Buyer agree to furnish or cause to be furnished to each other, upon request, as promptly as practicable, such information and assistance relating to the Purchased Assets and the Business as is reasonably necessary for the filing of all Tax returns, and making of any election related to Taxes, the preparation for any audit by any taxing authority, and the prosecution or defense of any claim, suit or proceeding relating to any Tax return. Seller and Buyer shall cooperate with each other in the conduct of any audit or other proceeding related to Taxes involving the Business and each shall execute and deliver such powers of attorney and other documents as are necessary to carry out the intent of this Section 5.03(e).

  • Gross Income Allocations In the event any Partner has a deficit balance in its Capital Account at the end of any Partnership taxable period in excess of the sum of (A) the amount such Partner is required to restore pursuant to the provisions of this Agreement and (B) the amount such Partner is deemed obligated to restore pursuant to Treasury Regulation Sections 1.704-2(g) and 1.704-2(i)(5), such Partner shall be specially allocated items of Partnership gross income and gain in the amount of such excess as quickly as possible; provided, that an allocation pursuant to this Section 6.1(d)(v) shall be made only if and to the extent that such Partner would have a deficit balance in its Capital Account as adjusted after all other allocations provided for in this Section 6.1 have been tentatively made as if this Section 6.1(d)(v) were not in this Agreement.

  • 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.

  • 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:

Time is Money Join Law Insider Premium to draft better contracts faster.