Contingency Allocation Sample Clauses

Contingency Allocation. Advances from the Allocation identified as "Contingency" or similar in the Budget (the "Contingency Allocation") may, in Lender's reasonable discretion, be made to pay unanticipated or contingent costs and expenses of constructing, developing, maintaining, leasing and promoting the Mortgaged Property and such other unanticipated or contingent costs or expenses with respect to the Mortgaged Property. Absent Lender's election to do otherwise, the Contingency Allocation amount shall only be advanced as follows: (a) no more than fifty percent (50%) of the contingency line item shall be advanced until the Improvements are at least fifty percent (50%) complete (according to the Inspecting Person); (b) no more than seventy-five percent (75%) of the contingency line item shall be advanced until the Improvements are at least seventy-five percent (75%) complete (according to the Inspecting Person); and (c) the remaining twenty-five percent (25%) of the contingency line item shall not be advanced until after the Improvements are greater than seventy-five percent (75%) complete (according to the Inspecting Person). Furthermore, Advances from the Contingency Allocation shall be made to Borrower not more frequently than one (1) time per month contemporaneously with the time of an Advance hereunder.
Sample 1
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Contingency Allocation. To allow for execution of tasks yet to be selected by the NISP Enterprise, a contingency amount is included herein, in the amount indicated in Exhibit C – Compensation. Utilization of contingency by Consultant requires authorization by the NISP Enterprise prior to performing tasks yet to be determined.
Sample 1
Contingency Allocation. Subject to final engineering considerations, the City of Kingman authorizes allocation of a general contingency budget *** Said funds are reserved for construction or installation contingencies yet to be determined by final engineering. Such contingencies may include but are not limited to: tree trimming or removal, unanticipated water crossing or terrain impediments, unanticipated route changes or easement restrictions, unanticipated soil bed alterations required to accommodate pole installation, unanticipated use of non-budged personnel, equipment or supplies.
Sample 1

Related to Contingency Allocation

  • Regulatory Allocations Notwithstanding any provisions of paragraph 1 of this Exhibit B, the following special allocations shall be made.

  • Risk Allocation The Product is Regulatorily Continuing.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04.

  • Book Allocations The net income and net loss of the Company shall be allocated entirely to the Member.

  • Priority Allocations (A) If the amount of cash or the Net Agreed Value of any property distributed (except cash or property distributed pursuant to Section 12.4) with respect to a Unit for a taxable period exceeds the amount of cash or the Net Agreed Value of property distributed with respect to another Unit within the same taxable period (the amount of the excess, an “Excess Distribution” and the Unit with respect to which the greater distribution is paid, an “Excess Distribution Unit”), then there shall be allocated gross income and gain to each Unitholder receiving an Excess Distribution with respect to the Excess Distribution Unit until the aggregate amount of such items allocated with respect to such Excess Distribution Unit pursuant to this Section 6.1(d)(iii)(A) for the current taxable period and all previous taxable periods is equal to the amount of the Excess Distribution.

  • 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.

  • Minimum Allocation If the Employer has adopted Sponsor's paired defined contribution plan number 01001, 01004 or 01005 in addition to this Plan, then the minimum allocation required by Section 13.3 will be provided ( ) under this Plan; ( ) under such other paired defined contribution plan. If the Employer has adopted Sponsor's paired defined benefit plan number 02001, then Participants in this Plan (or another paired defined contribution plan) who are covered under the paired defined benefit plan shall receive the minimum top heavy benefit under the paired defined benefit plan and shall receive no minimum allocation. If a Participant in this Plan who is a Non-Key Employee is covered under another qualified plan maintained by the Employer, other than a paired plan of the Sponsor, the minimum top heavy allocation or benefit required under section 416 of the Code shall be provided to such Non-Key Employee under:

  • Capital Accounts Allocations There shall be established in respect of each Holder a separate capital account in the books and records of the Up-MACRO Holding Trust in respect of the Holder's Capital Contributions to the Up-MACRO Holding Trust (each, a "Capital Account"), to which the following provisions shall apply:

  • Offsetting Allocations Notwithstanding the provisions of Sections 6.1, 6.2.B and 6.2.C, but subject to Sections 6.3 and 6.4, in the event Net Income or items thereof are being allocated to a Partner to offset prior Net Loss or items thereof which have been allocated to such Partner, the General Partner shall attempt to allocate such offsetting Net Income or items thereof which are of the same or similar character (including without limitation Section 704(b) book items versus tax items) to the original allocations with respect to such Partner.

  • Special Allocations The following special allocations shall be made in the following order:

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