Common use of Allocation Methodology Clause in Contracts

Allocation Methodology. (A) The allocation methodology used by the Board has been previously provided to the Member and is reflected in Attachment B. (B) BY EXECUTING THIS AGREEMENT, THE MEMBER ACKNOWLEDGES THE APPROPRIATENESS OF THE ALLOCATION METHODOLOGY AND FURTHER AGREES TO AND HEREBY WAIVES ANY RIGHT TO CHALLENGE IN ANY FORUM OR PROCEEDING WHATSOEVER THE WCB ALLOCATION METHODOLOGY USED HEREIN AS CONTAINED IN ATTACHMENT B, PROVIDED HOWEVER, THAT THE RESULTS THEREOF WITH REGARD TO MEMBER’S PAYMENT OF THE PRO RATA ALLOCATION, AS SHOWN IN ATTACHMENT A, AND/OR JOINT AND SEVERAL LIABILITY, ARE SUBJECT TO FUTURE RECONCILIATION AT WCB’S SOLE DISCRETION, INCLUDING BUT NOT LIMITED TO, RECONCILIATION BASED ON ANY APPLICABLE RECOVERIES.

Appears in 8 contracts

Samples: Deficit Assessment Contractual Agreement, Deficit Assessment Contractual Agreement, Deficit Assessment Contractual Agreement

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