Allocation of Risk definition

Allocation of Risk means the sections so named of Schedule 1.
Sample 1
Allocation of Risk. Pool Surpluses ProMedCo shall receive a percentage of the Risk Pool Surpluses, or shall be responsible for a percentage of any deficits if the Risk Pool Surpluses are in a deficit position pursuant to Section 11.9. ProMedCo's percentage shall be based on the cumulative risk pool savings that have occurred during the entire term of this Agreement, including any renewals. The percentage shall be based on the graduated scale as shown below: Cumulative Risk Pool Surplus ProMedCo % [*] The distribution of Risk Pool Surpluses shall be made on an annual basis no later than 90 days after the conclusion of each contract year of this Agreement, and after a full analysis of an Incurred But Not Reported (IBNR) liabilities. Once the final balance of Risk Pool Surpluses has been calculated, [*]% of that amount shall be distributed, with the final [*]% held for an additional 6 months to pay for any unanticipated claims. At the end of that 6 months, any funds remaining from the [*]% reserved shall be distributed. Qpening Balance Sheet Current Assets Cash Accounts Receivable Prepaid Other Current Assets Total Current Assets Other Assets Investments Deposits Other Assets Total Other Assets Property and Equipment Land Buildings Building Fixed Equipment Equipment Capitalized Lease Equipment Accrued Depreciation Total Property and Equipment Intangibles Organization Cost Loan Cost Non-Compete Covenants Other Intangibles Total Intangibles TOTAL ASSETS Current Liabilities Accounts Payable Notes Payable Payroll & Taxes Payable Accrued Expenses Accrued Interest Current Maturities- Leases Current Maturities - Notes Other Current Liabilities Total Current Liabilities Other Liabilities Deficit in Limited Liability Company Deferred Credits Total Other Liabilities Long Term Payables Mortgages Notes Payable Lease Obligations Total Long Term Payables Members Capital Account Contributed Capital Accumulated Income or Deficit Total Members Equity TOTAL LIABILITIES AND CAPITAL ACCOUNT
Sample 1

Examples of Allocation of Risk in a sentence

  • Allocation of Risk – Consultant and Client acknowledge that, prior to the start of this Agreement, Consultant has not generated, handled, stored, treated, transported, disposed of, or in any way whatsoever taken responsibility for any toxic substance or other material found, identified, or as yet unknown at the Project premises.

  • Risk and Responsibility GCC.34.1. Allocation of Risk and Responsibility The Risks of loss of damage to physical property and of death and personal injury which arise in consequence of the performance of the Contract shall be allocated between the Purchaser and the Contractor as follows a.

  • Gale), Geneva Papers on Risk and Insurance Theory special issue entitled "The Allocation of Risk with Incomplete Asset Markets," edited by H.

  • Recovery under this Agreement shall be limited by the parties’ agreement on Allocation of Risk and the remainder of this section.

  • PÉREZ GÓMEZ TÉTREL, A.M. (2007), Efficient Allocation of Risk as anEconomic Function of Collecting Societies, Society for Economic Research on Copyright Issues.

  • The Allocation of Risk: Some Implications of Fixed Versus Index-Linked Mortgages.

  • Allocation of Risk and Protection of Economic and Financial Balance Many will say that a concession agreement is all about allocation of risks.

  • Inefficient Allocation of Risk to TaxpayersAllowing investors to transfer risk to taxpayers through the regulatory capital and bank insurance system is hugely inefficient because governments are much poorer risk-bearers than private investors in the capital markets.

  • PÉREZ GÓMEZ TÉTREL, A.M. (2007), Efficient Allocation of Risk as an Economic Function of Collecting Societies, Society for Economic Research on Copyright Issues.

  • Yes No Compliance with Government Policies Allocation of Risk – Liability If there is a need to consider an alternative from the Liability position in the proposed Contract, please outline Your proposed position on limitation of liability, (including, but not limited to, whether a Scheme under the Professional Standards Act 2004, applies to You).

Related to Allocation of Risk

  • Limitation of Liability Insert the following Section 15, after Section 14:

  • General Conditions Cost means costs incurred and minor work performed by Contractor without the need for competitive bids/proposals. The allowable General Conditions items are limited in Paragraph 11.1 and are further described on Exhibit “D”. The maximum allowable General Conditions Cost payable to Contractor during the Construction Phase of the Project is set out in Exhibit “A” attached to this Agreement.

  • Actual Damages has the meaning set forth in Section 12.4(C).

  • Special Damages shall have the meaning as set forth in Section 5.07.

  • Allocation shall have the meaning set forth in Section 2.7.

  • Economic damages means objectively verifiable monetary losses, including medical expenses, loss of earnings, burial costs, loss of use of property, cost of replacement or repair, cost of obtaining substitute domestic services, loss of employment, and loss of business or employment opportunities.

  • Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.

  • Direct Damage has the meaning given to it in clause 26.2;

  • Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period.

  • Allocation Agreement or “Agreement” shall mean this NMTC Program Allocation Agreement between the Fund and the Allocatee and Subsidiary Allocatee, as the case may be, including the Organization Specific Terms and Conditions (Schedule 1) and the General Allocation Terms and Conditions (Schedule 2) and any attachments hereto, as such Agreement may, from time to time, be amended in accordance with its terms.

  • Load allocation means the portion of a receiving water's loading capacity that is allocated to one

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Cover Damages means, with respect to any Delivery Shortfall, an amount equal to (a) the positive net amount, if, any, by which the Replacement Price exceeds the applicable Price that would have been paid pursuant to Section 5.1 and the Cover Sheet, multiplied by the quantity of that Delivery Shortfall, plus (b) any applicable penalties and other costs assessed by ISO-NE or any other Person against Buyer as a result of Seller’s failure to deliver such Products in accordance with the terms of this Agreement. Buyer shall provide a statement for the applicable period explaining in reasonable detail the calculation of any Cover Damages.

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Work loss means loss of income from work the injured victim would have performed if the injured victim had not been injured and expenses reasonably incurred by the injured victim in obtaining services in lieu of those the injured victim would have performed for income,

  • Minimum Essential Coverage has the meaning given in the Affordable Care Act, 26 U.S.C. §5000A(f).

  • Punitive Damages are those damages awarded as a penalty, the amount of which is neither governed nor fixed by statute.

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

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

  • Consequential Damages means Losses claimed to have resulted from any indirect, incidental, reliance, special, consequential, punitive, exemplary, multiple or any other Loss, including damages claimed to have resulted from harm to business, loss of anticipated revenues, savings, or profits, or other economic Loss claimed to have been suffered not measured by the prevailing Party’s actual damages, and any other damages typically considered consequential damages under Applicable Law, regardless of whether the Parties knew or had been advised of the possibility that such damages could result in connection with or arising from anything said, omitted, or done hereunder or related hereto, including willful acts or omissions.

  • Plan of Allocation means the proposed plan of allocation of the Net Settlement Fund set forth in the Notice.

  • Structural damage means a covered building, regardless of the date of its construction, has experienced the following.

  • Terms of Service means those Support Services and Professional Services terms posted at xxxx://xxx.XXXXXXX.xxx/terms-of-service/, which are incorporated herein. Client acknowledges and agrees it has read, understands and agrees to be bound by the Terms of Service.

  • Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).