Allocation Methodologies Sample Clauses

Allocation Methodologies. Unless the Commission deems otherwise in a DSM/XX Xxxxx proceeding:
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Allocation Methodologies. 15 (c) No Double-Counting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 (d) Timing of Adjustments and Payments . . . . . . . . . . . . . . . . . . . . . . . . . . 15 ARTICLE III
Allocation Methodologies. Subject to the proviso which follows, the Purchase Price will be further adjusted downward by the amount (if any) equal to 7.5 times the amount reflected in the report concerning the Allocation Methodologies issued by AA in connection with its delivery of the Audited Closing Financial Statements in accordance with the terms of Section 2.10 as being the aggregate net amount (i.e., taking into account both positive and negative items) by which the earnings of the Transferred Business for 1998 are (or are reasonably likely to be) negatively affected because of errors and omissions in such allocations; provided, however, that (i) no adjustment shall be made as a result of the foregoing unless and until the aggregate net amount by which the earnings of the Transferred Business are (or are reasonably likely to be) negatively affected exceeds $150,000, whereupon the Purchase Price shall be adjusted (using the multiple set forth above) for all of such aggregate amount; (ii) in respect of any Purchase Price adjustment pursuant to this paragraph (b) which is based on the first $150,000, the multiple used in determining the adjustment shall be 3.75 instead of 7.5 (with the effect that the adjustment in respect of such $150,000 shall be capped at $562,500); and, (iii) prior to making any Purchase Price adjustment under this paragraph (b), Seller and Shareholder shall have ten (10) business days to remedy or cure any such matter to the Buyer's reasonable satisfaction.
Allocation Methodologies. In this paper, the global mitigation burden (the required deviation from the BAU emissions level, shown in Figure 1) is allocated among participating countries for each commitment period. Table 2 lists the alternative HR-based allocation schemes examined in this study. Run Start Year End Year Evaluation Year Indicator Background 1 1890 10-year dynamic 2100 Temperature Case ME 2 1990 10-year dynamic 2100 Temperature Case ME 3 1945 10-year dynamic 2100 Temperature Case ME 4 1890 2000 2100 Temperature Case ME 5 1890 5-year dynamic 2100 Temperature Case ME 6 1890 2000 2000 Temperature Case ME 7 1890 2000 2010 Temperature Case ME 8 1890 2000 2050 Temperature Case ME 9 1890 2000 - Cumulative Emissions Case ME 10 1890 2000 2100 Temperature Zero 11 1890 2000 2100 Temperature Constant Table 2: Policy-related HR parameters in alternative experimental runs For clarity, we introduce the definition of the allocation year in HR-based allocation schemes: the year in which the GHG abatement (allocated by an HR calculation) takes place. The use of this term ensures we differentiate the allocation year from the start, end and evaluation years. We employ an allocation-based methodology (as defined in Rose et al. (1998)) to apply our HR calculations. A participant will be allocated a share of the global mitigation requirement (in terms of tons GHG) equal to its calculated HR. For example, for a given allocation year, if the USA is calculated to have historically contributed to 20% of warming, it will be assigned 20% of global mitigation burden (in terms of CO2 equivalent emission reductions) in the allocation year. Such a simple methodology is the simplest interpretation of the Brazilian Proposal principles; we keep separate alternative fairness criteria such as ability-to-pay or grandfathering. It is certainly feasible to merge an HR-based burden sharing scheme with other fairness criteria, such as ability- to-pay thresholds (i.e. den Elzen et al., 2005b). However, we choose not to do so, in order to assess the effects of using a burden sharing scheme that solely uses historical responsibility criteria. With regards to participation, we assume all countries, both developed and developing, will be participating in mitigation in our climate regime. The role of developing countries in future climate agreements remains under discussion, however it is highly likely that participation in future regimes will be expanded beyond the Annex-I grouping with some form of obligations. We ...

Related to Allocation Methodologies

  • Allocation Method The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose one of a., b., c., or d.):

  • Methodology 1. The price at which the Assuming Institution sells or disposes of Qualified Financial Contracts will be deemed to be the fair market value of such contracts, if such sale or disposition occurs at prevailing market rates within a predefined timetable as agreed upon by the Assuming Institution and the Receiver.

  • Collection Allocation Mechanism On the CAM Exchange Date, (a) the Commitments shall automatically and without further act be terminated as provided in Article VII, (b) each Lender shall become obligated to fund, within one Business Day, all participations in outstanding Swingline Loans held by it (it being agreed that the CAM Exchange shall not result in a reallocation of such funding obligations, but only of the funded participations resulting therefrom) and (c) the Lenders shall automatically and without further act be deemed to have made reciprocal purchases of interests in the Designated Obligations such that, in lieu of the interests of each Lender in the particular Designated Obligations that it shall own as of such date and immediately prior to the CAM Exchange, such Lender shall own an interest equal to such Lender’s CAM Percentage in each Designated Obligation. Each Lender, each person acquiring a participation from any Lender as contemplated by Section 11.04 and each Borrower hereby consents and agrees to the CAM Exchange. Each Borrower and each Lender agrees from time to time to execute and deliver to the Administrative Agent all such promissory notes and other instruments and documents as the Administrative Agent shall reasonably request to evidence and confirm the respective interests and obligations of the Lenders after giving effect to the CAM Exchange, and each Lender agrees to surrender any promissory notes originally received by it hereunder to the Administrative Agent against delivery of any promissory notes so executed and delivered; provided that the failure of any Borrower to execute or deliver or of any Lender to accept any such promissory note, instrument or document shall not affect the validity or effectiveness of the CAM Exchange. As a result of the CAM Exchange, on and after the CAM Exchange Date, each payment received by the Administrative Agent pursuant to any Loan Document in respect of the Designated Obligations shall be distributed to the Lenders pro rata in accordance with their respective CAM Percentages (to be redetermined as of each such date of payment or distribution to the extent required by the next paragraph), but giving effect to assignments after the CAM Exchange Date, it being understood that nothing herein shall be construed to prohibit the assignment of a proportionate part of all an assigning Lender’s rights and obligations in respect of a single Class of Commitments or Loans. In the event that, after the CAM Exchange, the aggregate amount of the Designated Obligations shall change as a result of the making of an LC Disbursement of either Tranche by an Issuing Bank that is not reimbursed by the applicable Borrower, then (a) each Lender of such Tranche shall, in accordance with Section 2.05(d), promptly purchase from the applicable Issuing Bank a participation in such LC Disbursement in the amount of such Lender’s Tranche One Percentage or Tranche Two Percentage, as the case may be, of such LC Disbursement (without giving effect to the CAM Exchange), (b) the Administrative Agent shall redetermine the CAM Percentages after giving effect to such LC Disbursement and the purchase of participations therein by the applicable Lenders, and the Lenders shall automatically and without further act be deemed to have made reciprocal purchases of interests in the Designated Obligations such that each Lender shall own an interest equal to such Lender’s CAM Percentage in each of the Designated Obligations and (c) in the event distributions shall have been made in accordance with the preceding paragraph, the Lenders shall make such payments to one another as shall be necessary in order that the amounts received by them shall be equal to the amounts they would have received had each LC Disbursement been outstanding immediately prior to the CAM Exchange. Each such redetermination shall be binding on each of the Lenders and their successors and assigns and shall be conclusive absent manifest error.

  • Service Providing Methodology 1.3.1 Party A and Party B agree that during the term of this Agreement, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A, which shall provide the specific contents, manner, personnel, and fees for the specific services.

  • Allocation Procedures On each Business Day, the Credit Facility Team shall seek to collect data on the uninvested cash of Funds listed on Schedule B hereto from such Funds’ custodian. On each occasion that a Fund delivers Borrowing Instructions to the Credit Facility Team, the Credit Facility Team will seek to match the amount and term of the Fund’s borrowing needs with the cash available from the Funds that have provided Lending Instructions in accordance with allocation and administrative procedures established by the Board of Trustees. The Credit Facility Team shall allocate the borrowing demand and lending needs among the Funds on what the Credit Facility Team deems to be an equitable basis and in accordance with the Interfund Lending Procedures. The Credit Facility Team shall not solicit cash for Loans from any Funds or publish or disseminate the amount of any current borrowing demand to the Adviser’s investment personnel. No Loan may be made unless the Interest Rate is more favorable for the Lender than both the OTD Rate and the Repo Rate and more favorable for the Borrower than the Bank Loan Rate.

  • Accounting Methods Implement or adopt any material change in its accounting principles, practices or methods, other than as may be required by GAAP or any Governmental Entity.

  • Allocation Following the Closing, Purchaser shall prepare and deliver to Sellers an allocation of the aggregate consideration among Sellers and, for any transactions contemplated by this Agreement that do not constitute an Agreed G Transaction pursuant to Section 6.16, Purchaser shall also prepare and deliver to the applicable Seller a proposed allocation of the Purchase Price and other consideration paid in exchange for the Purchased Assets, prepared in accordance with Section 1060, and if applicable, Section 338, of the Tax Code (the “Allocation”). The applicable Seller shall have thirty (30) days after the delivery of the Allocation to review and consent to the Allocation in writing, which consent shall not be unreasonably withheld, conditioned or delayed. If the applicable Seller consents to the Allocation, such Seller and Purchaser shall use such Allocation to prepare and file in a timely manner all appropriate Tax filings, including the preparation and filing of all applicable forms in accordance with applicable Law, including Forms 8594 and 8023, if applicable, with their respective Tax Returns for the taxable year that includes the Closing Date and shall take no position in any Tax Return that is inconsistent with such Allocation; provided, however, that nothing contained herein shall prevent the applicable Seller and Purchaser from settling any proposed deficiency or adjustment by any Governmental Authority based upon or arising out of such Allocation, and neither the applicable Seller nor Purchaser shall be required to litigate before any court, any proposed deficiency or adjustment by any Taxing Authority challenging such Allocation. If the applicable Seller does not consent to such Allocation, the applicable Seller shall notify Purchaser in writing of such disagreement within such thirty (30) day period, and thereafter, the applicable Seller shall attempt in good faith to promptly resolve any such disagreement. If the Parties cannot resolve a disagreement under this Section 3.3, such disagreement shall be resolved by an independent accounting firm chosen by Purchaser and reasonably acceptable to the applicable Seller, and such resolution shall be final and binding on the Parties. The fees and expenses of such accounting firm shall be borne equally by Purchaser, on the one hand, and the applicable Seller, on the other hand. The applicable Seller shall provide Purchaser, and Purchaser shall provide the applicable Seller, with a copy of any information described above required to be furnished to any Taxing Authority in connection with the transactions contemplated herein.

  • Underwriting Methodology The methodology used in underwriting the extension of credit for each Mortgage Loan employs objective mathematical principles which relate the related Mortgagor's income, assets and liabilities to the proposed payment and such underwriting methodology does not rely on the extent of the related Mortgagor's equity in the collateral as the principal determining factor in approving such credit extension. Such underwriting methodology confirmed that at the time of origination (application/approval) the related Mortgagor had a reasonable ability to make timely payments on the Mortgage Loan;

  • Section 704(c) Allocations Notwithstanding Section 6.5.A hereof, Tax Items with respect to Property that is contributed to the Partnership with an initial Gross Asset Value that varies from its basis in the hands of the contributing Partner immediately preceding the date of contribution shall be allocated among the Holders for income tax purposes pursuant to Regulations promulgated under Code Section 704(c) so as to take into account such variation. With respect to Partnership Property that is contributed to the Partnership in connection with the General Partner’s initial public offering, such variation between basis and initial Gross Asset Value shall be taken into account under the “traditional method” as described in Regulations Section 1.704-3(b). With respect to other Properties, the Partnership shall account for such variation under any method approved under Code Section 704(c) and the applicable Regulations as chosen by the General Partner. In the event that the Gross Asset Value of any Partnership asset is adjusted pursuant to subsection (b) of the definition of “Gross Asset Value” (provided in Article 1 hereof), subsequent allocations of Tax Items with respect to such asset shall take account of the variation, if any, between the adjusted basis of such asset and its Gross Asset Value in the same manner as under Code Section 704(c) and the applicable Regulations and using the method chosen by the General Partner; provided, however, that the “traditional method” as described in Regulations Section 1.704-3(b) shall be used with respect to Partnership Property that is contributed to the Partnership in connection with the General Partner’s initial public offering. Allocations pursuant to this Section 6.5.B are solely for purposes of Federal, state and local income taxes and shall not affect, or in any way be taken into account in computing, any Partner’s Capital Account or share of Net Income, Net Loss, or any other items or distributions pursuant to any provision of this Agreement.

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