PAGA Allocation Sample Clauses

PAGA Allocation. The Parties will request approval from the Court of an allocation of Fifty Thousand Dollars ($50,000) in settlement of the PAGA Released Claims as the PAGA Allocation.
Sample 1
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PAGA Allocation. Twenty Thousand Dollars ($20,000) of the Gross Settlement Fund shall be designated as the recovery of civil penalties under the Labor Code Private Attorneys General Act of 2004 (PAGA). Of that amount, 75% ($15,000) shall be distributed to the California Labor and Workforce Development Agency (LWDA). The remaining 25% ($5,000) shall become part of the Net Settlement Fund available for distribution to Settlement Class Members.
Sample 1
PAGA Allocation. The Parties agree that the Court will award some portion of the Gross Settlement Amount to be allocated to the resolution of the State of California’s claims arising under PAGA. The Parties will request approval from the Court of a payment of 10 Million Dollars ($10,000,000.00) in settlement of the PAGA Released Claims as the PAGA Allocation.
Sample 1
PAGA Allocation. Subject to approval by the Court, the Parties agree that the amount of 23 One Hundred Thousand Dollars ($100,000) from the Total Settlement Amount will be allocated toward 24 penalties under the Private Attorneys General Act, California Labor Code Section 2698, et seq. (i.e., the 25 PAGA Penalty Amount), of which seventy-five percent (75%), or $75,000, will be paid to the Labor 26 and Workforce Development Agency (i.e., the LWDA Payment) and twenty-five percent (25%), or 27 $25,000, will be distributed to PAGA Members on a pro rata basis, based on PAGA Members Qualified 28 PAGA Workweeks during the PAGA Period (i.e., the PAGA Employee Amount).
Sample 1
PAGA Allocation. Defendant and Plaintiff agree the PAGA Allocation is Thirty Thousand Dollars and Zero Cents ($30,000.00). The PAGA Allocation will come from the Settlement Amount. Any amount of the PAGA Allocation not approved by the Court will be added to the Distribution Fund.
Sample 1
PAGA Allocation. The Parties agree to allocate Seven Thousand Five Hundred 9 Dollars and No Cents ($7,500.00) from the Gross Settlement Amount to the resolution of all 10 claims related to the Aggrieved Employees arising under PAGA. Pursuant to PAGA, Seventy- 11 Five Percent (75%) of the PAGA allocation, or Five Thousand Six Hundred Twenty-Five Dollars
Sample 1

Related to PAGA Allocation

  • Tax Allocations Code Section 704(c).

  • Risk Allocation The Product is Regulatorily Continuing.

  • Payment Allocation Subject to applicable law, your payments may be applied to what you owe the Credit Union in any manner the Credit Union chooses. However, in every case, in the event you make a payment in excess of the required minimum periodic payment, the Credit Union will allocate the excess amount first to the balance with the highest annual percentage rate and any remaining portion to the other balances in descending order based on applicable annual percentage rate.

  • Gross Income Allocation If any Partner has a deficit Capital Account at the end of any Fiscal Year which is in excess of the sum of (i) the amount such Partner is obligated to restore, if any, pursuant to any provision of this Agreement, and (ii) the amount such Partner is deemed to be obligated to restore pursuant to the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner shall be specially allocated items of Partnership income and gain in the amount of such excess as quickly as possible; provided that an allocation pursuant to this Section 5.05(c) shall be made only if and to the extent that a Partner would have a deficit Capital Account in excess of such sum after all other allocations provided for in this Article V have been tentatively made as if Section 5.05(b) and this Section 5.05(c) were not in this Agreement.

  • Cost Allocation Cost allocation of Generator Interconnection Related Upgrades shall be in accordance with Schedule 11 of Section II of the Tariff.

  • 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.

  • Curative Allocations The allocations set forth in Sections 6.4.A(i), (ii), (iii), (iv), (v), (vi) and (vii) hereof (the “Regulatory Allocations”) are intended to comply with certain regulatory requirements, including the requirements of Regulations Sections 1.704-1(b) and 1.704-2. Notwithstanding the provisions of Sections 6.1 and 6.2 hereof, the Regulatory Allocations shall be taken into account in allocating other items of income, gain, loss and deduction among the Holders so that to the extent possible without violating the requirements giving rise to the Regulatory Allocations, the net amount of such allocations of other items and the Regulatory Allocations to each Holder shall be equal to the net amount that would have been allocated to each such Holder if the Regulatory Allocations had not occurred.

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

  • Allocations The profits and losses of the Company shall be allocated to the Members in accordance with their Percentage Interests from time to time.

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