Equitable Allocations Sample Clauses
The Equitable Allocations clause establishes a framework for distributing resources, costs, or benefits among parties in a manner that is fair and just, rather than strictly equal. In practice, this clause may be used to divide profits from a joint venture based on each party's contribution or to allocate shared expenses proportionally according to usage or investment. Its core function is to ensure that allocations reflect the relative input or circumstances of each party, thereby preventing disputes and promoting fairness in collaborative arrangements.
Equitable Allocations. The General Partner may make such other or additional allocations of income, gain, loss and deduction among the Units or the Partners as are, in the General Partner’s reasonable discretion, equitable in order to eliminate, to the extent possible, any disparities existing between the Book Capital Accounts and Tax Capital Accounts of the Partners and to allocate income, gain, loss and deduction in conformity with U.S. federal income tax principles among the Partners in accordance with their respective interests in the Partnership.
Equitable Allocations. 28 11.3. Procedures for Payment; Characterization of Exit Payments; Tax Reporting...................................................... 28 11.4. Limitation..................................................... 29 11.5. Permitted Assignees............................................ 29
Equitable Allocations. In the event any of Carousel, ▇▇▇▇▇ or --------------------- MJD Partners becomes entitled to a cash payment in respect of any shares of Common Stock, but in connection with a transaction (a) occurring prior to the - fourth anniversary of the date hereof or (b) not constituting a Sale of the - Company, then Carousel, ▇▇▇▇▇ and MJD Partners shall negotiate in good faith an equitable allocation of such cash payments which reflects the economic objectives set forth in Section 11.1 taking into account the limitations set forth in Section 11.4 and the proviso to Section 15.4.
Equitable Allocations. If the Administration Committee in good faith determines that certain expenses of administration paid by the Trustee during the Plan Year under consideration, are not general, ordinary, and usual and should not be equitably be borne by all Participants, but should be borne only by one or more Participants, for whom or because of whom such specific expenses were incurred, the net earnings and adjustments in value of the accounts shall be increased by the amounts of such expenses, and the Administration Committee shall make suitable adjustments by debiting the particular account or accounts of such one or more Participants, Former Participants, or Beneficiaries, provided, however, that any such adjustment must be nondiscriminatory and consistent with the provisions of Section 401(a) of the Code.