Amount of Allocation Sample Clauses

The "Amount of Allocation" clause defines the specific quantity or proportion of resources, funds, or responsibilities assigned to a party under an agreement. In practice, this clause may specify a fixed dollar amount, a percentage of a total sum, or a set number of units to be distributed or allocated. By clearly stating the allocation, this clause ensures transparency and prevents disputes over how much each party is entitled to or responsible for, thereby promoting fairness and clarity in the contractual relationship.
Amount of Allocation. On or after the closing of the Loan, Development shall establish the Allocation in the following amount: _________Dollars ($_________)1 (the “Initial Allocation”). The Initial Allocation which is __________ percent (___%) of the Loan, and any reductions thereto as provided in this Enhancement Agreement, is to be maintained in the Fund.
Amount of Allocation. (a) The amount allocated to an Employee's Account shall be deferred and shall be the same percentage of an Employee's gross income (as defined in Section 61(a) of the Code) paid by any Employer as would have been allocated to an Employee's Retirement Contributions account in the AFG RASP (or any other defined contribution plan sponsored by an AFG subsidiary) up to a maximum of $30,000, which amount shall be increased (but not decreased) with respect to adjustments allowed by Section 415 of the Code. Provided, however, that the initial amount of compensation allocated and deferred shall include an amount equivalent to the amount that would have been allocated in an Employee's Retirement Contributions account or predecessor defined contribution plan account for the Plan Year prior to participation in this Plan but for limitations and rules existing in the Code as of the date hereof. (b) Allocations under this Plan for any Plan Year shall be credited to an Employee's Account as of December 31 of such Plan Year. (c) A Participant's Accounts shall also include amounts previously credited under the AFC Auxiliary ESORP, if any.
Amount of Allocation. On or after the closing of the Loan, Development shall establish the Allocation in the following amount: CEP ENHANCEMENT AMOUNT Text Dollars (CEP_ ENHANCEMENT_ AMOUNT)1 (the “Initial Allocation”). The Initial Allocation which is «CEP_ENHANCEMENT_ PERCENTAGE_TEXT» percent («CEP_ENHANCEMENT_PERCENTAGE»%) of the Loan, and any reductions thereto as provided in this Enhancement Agreement, is to be maintained in the Fund.

Related to Amount of Allocation

  • Plan of Allocation 6.1 After the Settlement Effective Date, the Settlement Administrator shall cause the Net Settlement Amount to be allocated and distributed to Current Participants, Authorized Former Participants, and their Beneficiaries or Alternate Payees, in accordance with the Plan of Allocation set forth in this Article 6 and as ordered by the Court. 6.2 To be eligible for a distribution from the Net Settlement Amount, a person must be a Current Participant, an Authorized Former Participant, or a Beneficiary or Alternate Payee of such a person. 6.2.1 Current Participants shall receive their Settlement payments as contributions to one or more of their accounts in the Plans, as provided in Paragraph 6.4, unless the Current Participant is a Zero Account Balance Current Participant entitled to a payment by check in accordance with Paragraph 6.5. 6.2.2 Authorized Former Participants shall receive their Settlement payments in the form of a check, as provided in Paragraph 6.6 below. 6.2.3 Beneficiaries shall receive payments by check in amounts corresponding to their entitlement as beneficiaries of the Current Participant or of the Authorized Former Participant with respect to which the payment is made. Alternate Payees shall receive payments by check if and to the extent they are entitled to receive a portion of a Current Participant’s or Authorized Former Participant’s allocation under this Article 6 in accordance with the terms of the applicable Qualified Domestic Relations Order on file with the Plans’ recordkeepers. The Settlement Administrator shall have sole and final discretion to determine the amounts to be paid to Beneficiaries and Alternate Payees in accordance with the Plan of Allocation set forth in this Article 6 and as ordered by the Court, and the Settling Parties shall have no liability for such determinations.

  • Payment Allocation Subject to applicable law, your payments may be applied to what you owe Credit Union in any manner Credit Union chooses.

  • Timing and Amount of Allocations of Net Income and Net Loss Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of this Article 6, an allocation to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

  • Method of Allocation The Employer must specify in its Adoption Agreement the manner of allocating each annual Employer contribution to this Trust.

  • Risk Allocation The Product is Regulatorily Continuing.