SPECIFIC ALLOCATION Clause Samples
The 'Specific allocation' clause defines how particular rights, responsibilities, or resources are assigned to specific parties within an agreement. In practice, this clause may designate which party is responsible for certain costs, tasks, or liabilities, such as assigning maintenance duties to a tenant or intellectual property rights to a developer. Its core function is to ensure clarity and prevent disputes by explicitly stating who is accountable for each specified aspect of the contract.
SPECIFIC ALLOCATION. Ø Amount: 195 million Ø % over balance: 22.96% Ø Interest rate: 2% a year Ø Interest repayment: on a monthly basis, based on the accrued interest. Ø Capital repayment: on a monthly basis, based on the available flow, after repayment of interests. Ø Estimated period for capital repayment: 2006 to 2013 (7 years and 8 months)
SPECIFIC ALLOCATION. Buyer shall reimburse Sellers for all Production Taxes. Sellers shall pay all other taxes required to be paid to governmental authorities for the Gas produced and for which the taxable incident arises prior to the Receipt Point. Buyer shall pay all taxes based on the Gas which arise at or after passage of title and possession of the Gas at or after the Receipt Point.
SPECIFIC ALLOCATION. From the credit balance for the NATIONAL STATE of $ 849.16 million, we have assumed that 22.96% thereof, which amounts to $195 million, will be cancelled by this instrument. Internacional aeronautical income 333.061 356.375 377.758 396.646 412.511 428.187 443.858 459.882 % tp be applied 7,0 % 7,0 % 7,0 % 7,0 % 7,0 % 7,0 % 7,0 % 7,0 % Paid Interests 3.900 3.512 3.083 2.616 2.113 1.578 1.010 408 Paid capital 19.414 21.435 23.360 25.149 26.763 28.396 30.060 20.423
SPECIFIC ALLOCATION. 24 6.3 New Taxes............................................................................... 25
SPECIFIC ALLOCATION. Buyer shall reimburse Seller for all Production Taxes on Gas produced for sale to Buyer. Gas is "produced for sale to Buyer" (i) if the Gas is delivered directly from the production field to Buyer, (ii) if the Gas is produced and put into storage from which it is later delivered to Buyer, or (iii) if the Gas is produced and exchanged for Gas which will later be delivered to Buyer. The Production Taxes shall be invoiced in the Month following the Month in which the Gas is delivered to Buyer.