Residual Amounts Clause Samples

Residual Amounts. Thereafter, eighty percent (80%) to such Member and twenty percent (20%) to the Class B Member in respect of its Class B Interest. Notwithstanding anything to the contrary contained herein, (i) the Managing Member may, in its sole discretion, waive any Transaction Distribution Amount distributable to the Managing Member on account of Interests held by Affiliates of the Managing Member and any amount so waived shall be distributed to the applicable Affiliate of the Managing Member and (ii) the Class B Member may, in its sole discretion, waive any Carried Interest distributable to the Class B Member on account of Interests held by Affiliates of the Class B Member and any amount so waived shall be distributed to the applicable Affiliate of the Class B Member.

Residual Amounts. The Trust may distribute, expend or use any funds in a Fund not constituting a contribution, such as income realized on the Fund’s assets or funds transferred from another Fund, for the purposes of the benefits program associated with the Fund.

Residual Amounts. Any awards for which the CAISO is unable to identify Market Participants in accordance with 13.5.3.1 and any award amounts that the CAISO is unable to collect that are not covered by Section 11.29.17.1 or Section 11.29.17.2 will be allocated to all Scheduling Coordinators through neutrality adjustments. procedures set forth in Section 11.29.17.2.4 that are to be allocated a portion of any payment default amount pursuant to Section 11.29.17.2.1. Default Look-Back Period The retrospective time period determined pursuant to Section 11.29.17.2.6 for the purpose of allocating payment default amounts. Real-Time Interchange Import Schedule A final agreed-upon schedule of Energy to be transferred to the CAISO Balancing Authority Area from another Balancing Authority Area based on agreed-upon size (megawatts), start and end time, beginning and ending ramp times and rate, and type required for delivery and receipt of power and Energy between the source and sink Balancing Authority Areas involved in the transaction. Calpine Corporation, Citigroup Energy Inc., Dynegy Power Marketing Inc., ▇.▇. ▇▇▇▇▇▇ Ventures Energy Corporation, BE CA, LLC, Mirant Energy Trading, LLC, NRG Energy, Inc., Powerex Corporation, and RRI Energy, Inc.

Residual Amounts. Second, thereafter, (i) 80% of the residual amounts to such Limited Partners; and (ii) 20% of the residual amounts to the General Partner or such other entity(ies) as the General Partner may designate from time to time Incentive Allocation.

Residual Amounts. In no event shall the Employer receive any amounts from the Trust Fund upon termination of the Plan, except that, and notwithstanding any other provisions of the Plan, the Employer shall receive such amounts, if any, as may remain after the satisfaction of all liabilities (fixed and contingent) of the Plan and arising out of any variations between actual requirements and expected actuarial requirements, unless the Board of Directors resolves to have such amounts allocated to the Participants in a non-discriminatory manner.

Residual Amounts. Thereafter, to the Members in proportion to, and to the extent of, the positive balance in each such Member’s Capital Account (after taking into account all Capital Account adjustments for the taxable year of such Liquidation). Any amounts withheld for reserves pursuant to Section 8.02(b) shall be distributed to the Members as soon as practicable, as determined in the reasonable discretion the Board of Directors, in proportion to the Members’ respective positive Capital Account balances. The Members believe and intend that the effect of making any and all liquidating distributions in proportion to their respective positive Capital Account balances will result in such liquidating distributions being made to the Members in accordance with the provisions of Section 5.01. If the immediately preceding sentence is for any reason inaccurate, then the Board of Directors, upon the advice of tax counsel to the Company, is hereby authorized to make such amendments to the provisions of Article IV as may be reasonably necessary to cause such allocations to be in compliance with Code Section 704(b) and the Treasury Regulations promulgated thereunder.