Allocation Adjustments. 4.4.1 Without exceeding the total compensation for this Agreement, the allocation of costs, as described in the Agreement Form, may be adjusted upon request of the A/E and approval by the Contracting Authority without a formal signed amendment.
Allocation Adjustments. The Plan Administrator or his designate, if applicable, shall have the right to redetermine the value of Participant accounts if a previous allocation or valuation was performed incorrectly. Such redetermination shall be made without regard to the reason for the incorrect allocation. Such reasons may include, but are not limited to, incorrect contribution or Employee information provided by the Employer or representative of the Employer, incorrect valuation of Plan assets, incorrect determination of investment income and gains or losses, improper interpretation of the Plan’s allocation formulas or procedures, erroneous omission of Top-Heavy minimum contributions and failure to transmit, receive or interpret amendments to the allocation formulas, methods or procedures. Subject to express limits that may be imposed under the Code, the Plan Administrator reserves the right to delay the processing of any contribution, distribution or other transaction for any legitimate business reason (including, but not limited to, failure of systems or computer programs, failure of means of transmission of data, force majeure, the failure of any Service Provider to timely receive values or prices, or to correct for its errors omissions or the errors or omissions of any Service Provider). After having made any necessary adjustments, the Plan Administrator or his designate, if applicable, may issue either revised or adjusted statements to Participants with an explanation of the allocation adjustments.
Allocation Adjustments. Unless the Servicer is depositing Collections monthly pursuant to Section 4.3, on each Collection Recomputation Date to and including the Collection Recomputation Date after the Collection Recomputation Date referred to in clause (ii) below, the Servicer shall recompute the allocations to the Series 1997-1 Certificates previously made pursuant to subsections 4.7(a), (b) and (c)
Allocation Adjustments. Notwithstanding the foregoing provisions of this Section 5.2:
Allocation Adjustments. The allocations set forth in this Section ---------------------- are intended to allocate Company income, gains, deductions and losses to the Members for federal income tax purposes in accordance with their economic interests in the Company while complying with the requirements of Code Sections 704(b), 704(c) and 752, as well as the Regulations promulgated under such Sections. If, in the opinion of the Company's tax counsel, the allocation of profits or losses pursuant to the preceding provisions of this Section 13 does not (i) satisfy the requirements of Code Section 704(b), 704(c), 752 or the Regulations underlying any of these Sections, (ii) comply with any other provisions of the Code or the Regulations, or (iii) properly take into account any expenditure or item of income or gain of the Company or the transfer of an interest in the Company, then notwithstanding anything to the contrary contained in the preceding provisions of this Section 13, the income, gains, deductions and/or losses of the Company shall be allocated in such manner as the Company's tax counsel determines to be required so as to reflect properly (i), (ii) and/or (iii) of this Section 13(g), as the case may be, and the Managing Members shall have the right to amend this Agreement without action by the Members to reflect any such change in the method of allocating Company income, gains, deductions and/or losses, provided, however, that any change in the method of allocating such income, gains, deductions and/or losses shall not materially alter the pre- tax economic arrangement among the Members.
Allocation Adjustments. Notwithstanding anything to the contrary herein, the Board is authorized to allocate items of income, gain, loss and expense and to otherwise modify the distributions and allocations provisions, to reflect any admission of new Members, or distributions of property, as determined by the Board in its sole discretion.
Allocation Adjustments. .1 Without exceeding the total compensation for this agreement, the allocation of costs, as described in the attached Scope of Architect/Engineer Agreement labeled Exhibit #1, may be adjusted upon request of the A/E and approval by the Owner without a formal signed amendment.
Allocation Adjustments. The Agent shall have received evidence that the parties hereto have agreed to any necessary adjustments regarding interest and fees owing to any of the Banks under the Original Credit Agreement resulting from the reallocation of the Commitments under this Credit Agreement.
Allocation Adjustments. 72 ---------------------- 12. CONDITIONS TO ALL BORROWINGS......................................................... 72 ---------------------------- 12.1. Representations True; No Event of Default................................ 72 ----------------------------------------- 12.2. No Legal Impediment...................................................... 72 ------------------- 12.3. Governmental Regulation.................................................. 72 ----------------------- 12.4. Proceedings and Documents................................................ 72 ------------------------- 12.5. Conditions to Advances of Revolving Credit Loans for Acquisitions........ 73 ----------------------------------------------------------------- 12.5.1.
Allocation Adjustments. In the event an Adjustment Event occurs with respect to an Affected Member or a redemption occurs pursuant to Section 7.4 or 7.6, then such redemption shall be deemed effective as of 12:01 a.m. on the first day of the Fiscal Year in which such redemption occurs, and the Capital Account of such Affected Member shall not be allocated any Net Income or Net Loss with respect to the Units so redeemed for any period subsequent to such effective date of the redemption. Upon any redemption of Units, the sole right of the Member with respect to such redeemed Units shall be to receive payment therefor in accordance with Sections 7.4 and 7.6.
