Allocation and Payment. Seller shall be responsible for all expenses allocable to the period ending on the day prior to the Closing Date, and Purchaser shall be responsible for all expenses (including prepaid expenses) from and after 12:01 A.M. on the Closing Date. Seller, Purchaser and the Escrow Agent shall cooperate to produce two (2) business days prior to the Closing Date a schedule of prorations to be made as of the Closing Date as complete and accurate as reasonably possible (the “Closing Statement”).
Allocation and Payment. Except as expressly provided herein, payment of Taxes to Taxing Authorities and payments between the Parties in respect of Taxes or related matters, as the case may be, shall be made in accordance with the allocations provided in this Agreement.
Allocation and Payment. Canada’s total gas tax contribution with respect to the final contribution agreement will be as follows: 2005-2006 $76.3 million 2006-2007 $76.3 million 2007-2008 $101.7 million 2008-2009 $127.1 million 2009-2010 $254.2 million A detailed payment schedule will be included in the final contribution agreement.
Allocation and Payment. (i) Within five Business Days after the Company Advisor’s receipt of its incentive fees from the Company for the applicable period, the Advisor will allocate the amount of each Incentive Fee Pool among the Eligible Sub-Advisors for such Incentive Fee Pool in proportion to their respective shares of such Incentive Pool. The Advisor shall furnish to the respective Sub-Advisor a reasonably detailed computation of such amount payable to the Sub-Advisor.
(ii) In the event that the aggregate amount funded into any Incentive Fee Pool for any period exceeds 100% of the aggregate amount of the shares of all Eligible Sub-Advisors for such Incentive Fee Pool for such period, the amount of such excess shall accumulate and increase the aggregate funded amount of such Incentive Pool in subsequent periods (until paid).
(iii) In the event that the aggregate amount funded into any Incentive Fee Pool for any period is less than 100% of the aggregate amount of the shares of all Eligible Sub-Advisors for such Incentive Fee Pool for such period, the aggregate funded amount of such Incentive Fee Pool shall be paid out to the Eligible Sub-Advisors in proportion to their respective shares thereby. To the extent that any Eligible Sub-Advisors does not receive its full share of an Incentive Fee Pool for any period because there is an insufficient funded amount in such Incentive Fee Pool, the amount by which such share exceeds the amount paid will be carried forward to future periods and shall be paid to such Eligible Sub-Advisor prior to any future payments to other Eligible Sub-Advisors out of the respective Incentive Fee Pool (thereby reducing the aggregate funded amount available for distribution in future periods until paid).
(iv) Notwithstanding any other provision of this Annex C, the applicable Incentive Fee Pool shall be the sole source of funds for the Eligible Sub-Advisors’ incentive fees under the Sub-Advisory Agreements and none of the Advisor, the Company or the Client shall be liable to any Eligible Sub-Advisor in the event such Eligible Sub-Advisor does not receive its full share of any Incentive Fee Pool as provided herein.
(v) Upon the termination of the Advisory Agreement, any funds remaining in each Incentive Fee Pool shall be allocated among the Eligible Sub-Advisors relative to the amounts in which the shared in such Incentive Fee Pool on a cumulative basis.
(vi) All amounts payable to Eligible Sub-Advisors pursuant to this Section 3(g) shall be paid to the Eli...
Allocation and Payment. At the Closing, the Purchaser shall pay to the Escrow Agent the Closing Payment in accordance with the terms of the Trust Agreement. At the Closing, the Closing Payment shall be released to the Sellers in accordance with the terms of the Trust Agreement.
Allocation and Payment. 5 ARTICLE III Indemnification . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Allocation and Payment. The Total Purchase Price shall be allocated to each Stockholder based on such Stockholder’s Pro Rata Portion. At the Closing, the Purchaser shall pay to each Stockholder, such Stockholder’s Pro Rata Portion of the Estimated Purchase Price less such Stockholder’s Pro Rata Portion of the Escrow Amount (as to each Stockholder, the “Closing Payment”).
Allocation and Payment. Within five Business Days after a Bonus Statement is delivered to Seller, Seller shall deliver to the Purchaser a statement (each, a “Bonus Allocation Statement”) showing (x) the names of the Principals to whom the Aggregate Bonus Amount for such Bonus Period is proposed to be allocated and (y) the proposed allocation to each of such Principals. On the next regularly scheduled payroll date of the Purchaser that is at least five Business Days following the delivery by Seller of such Bonus Allocation Statement to the Purchaser, the Purchaser shall pay to each of such Principals, in cash to the bank account or accounts designated by such Principal, the amount allocated to such Principal, net of such amounts as may be required to be deducted and withheld.
Allocation and Payment. The prize money as described above will be payable to the competitor on receipt of an invoice from a registered company with VAT number for European companies, a minimum of sixty days after the Event.
Allocation and Payment. A-BC and TEC agree to ---------------------- allocate and pay their respective shares of Income Taxes and Other Taxes as provided in this Agreement. Payments to Taxing Authorities and between the
