Target Allocations Sample Clauses

Target Allocations. Subject to Section 2(c) and unless determined otherwise in the sole discretion of the Compensation Committee of the Board (the “Compensation Committee”), the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Performance Award Amount for any Fiscal Year shall be determined by the Compensation Committee such that the percentages of the Total Annual Amount for such Fiscal Year represented by Current Cash (including Quarterly Payments), Deferred Cash Interests and the Annual RSU Award are as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible, provided that Current Cash (including Quarterly Payments) shall represent not less than 60% of the Total Annual Amount for any Fiscal Year. Payments & Distributions comprising the Total Annual Amount Target Allocation Percentage Current Cash (including Quarterly Payments) 60% Deferred Cash Interests 15% Annual RSU Award 25%
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Target Allocations. After application of Section B of this Schedule E, any remaining items of Profits and Losses shall be allocated among the Members and to their Capital Accounts so as to cause the balance of each Member’s Economic Capital Account to be as nearly equal to such Member’s Target Balance as possible.
Sample 1Sample 2Sample 3See All (4)
Target Allocations. Unless determined otherwise in the sole discretion of the PMC Chairman, and subject to Section 2(c) and (d), the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Variable Distribution for any Fiscal Year shall be determined by the PMC Chairman such that the percentages of the Total Annual Amount for such Fiscal Year represented by Current Cash (including Quarterly Payments), Deferred Cash Interests and the Variable Class D Unit Distribution are as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible, provided that Current Cash (including Quarterly Payments) shall represent not less than 60% of the Total Annual Amount for any Fiscal Year: Payments & Distributions comprising the Total Annual Amount Target Allocation Percentage Current Cash (including Quarterly Payments) 60% Deferred Cash Interests 15% Variable Class D Unit Distribution 25%
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Target Allocations. Section 2(b) of each of the Partner Agreements is hereby amended and restated in its entirety as follows:
Sample 1
Target Allocations. Effective commencing with the 2018 Fiscal Year and each Fiscal Year thereafter during the Term and thereafter and subject to Sections 2(c) and 2(d), the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Variable Distribution for each such Fiscal Year shall be determined by the Compensation Committee, such that the percentages of the Total Annual Amount for each such Fiscal Year represented by Current Cash (including Quarterly Payments), Deferred Cash Interests and the Annual RSU Award shall be as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible; provided, that Current Cash (including Quarterly Payments) shall not represent less than 75% of the Total Annual Amount for any such Fiscal Year, unless, in respect of any such Fiscal Year, Och-Ziff adopts a uniform system of break points for high earners applicable to all active executive managing directors whereby the Target Allocation Percentages are changed above such break points, which system shall be subject to approval by the Compensation Committee and the Chief Executive Officer of Och-Ziff; provided, further, that, in determining the form of compensation payable in respect of the Total Annual Amount for any such Fiscal Year, in no event shall any changes be made to the percentages of the form of compensation payable in respect of (A) the Guaranteed 2018 Amount as determined pursuant to Section 2(c)(ii) or (B) the Guaranteed Amount for the 2019 Fiscal Year and each Fiscal Year thereafter during the Term as determined pursuant to Section 2(c)(iii): Payments & Distributions comprising the Total Annual Amount Target Allocation Percentage Current Cash (including Quarterly Payments) 75 % Deferred Cash Interests and/or Annual RSU Award 25 %
Sample 1
Target Allocations. The following tables provide the current target asset class allocations applicable to both the Age-Based Investment Portfolios and the Static Investment Portfolios, as well as the Underlying Funds currently selected for investments to underlie each Investment Portfolio. The tables also identify the portions of each Investment Portfolio invested in “equity funds” and in “fixed income funds.” (Please note that total allocations may reflect rounding. Age-Based Investment Portfolios Age-Based 1 (Age 0-8) Age-Based 2 (Ages 9-10) Age-Based 3 (Age 11) Age-Based 4 (Age 12) Age-Based 5 (Age 13) Underlying Fund AB Global Real Estate Investment Fund II 4.0% 4.0% 3.0% 2.0% 2.0% American Funds New Perspective 12.0% 11.0% 9.0% 8.0% 8.0% DFA Commodity Strategy Portfolio 5.0% 4.0% 4.0% 3.0% 3.0% DFA Inflation-Protected Securities Portfolio 2.0% 4.0% 6.0% 6.0% 6.0% Dodge & Xxx International Stock Fund 4.0% 3.0% 2.0% 1.0% 0.0% Metropolitan West Total Return Bond Fund 0.0% 2.0% 7.0% 7.0% 9.0% Xxxxxx Xxxxxxx Instl. Emerging Markets Portfolio 4.0% 3.0% 3.0% 2.0% 1.0% PIMCO Government Money Market Fund 0.0% 0.0% 0.0% 3.0% 5.0% PIMCO Income Fund 0.0% 0.0% 2.0% 2.0% 2.0% PIMCO Real Return Fund 3.0% 7.0% 8.0% 8.0% 8.0% PIMCO Short Asset Investment Fund 0.0% 0.0% 0.0% 5.0% 11.0% PIMCO Short-Term Fund 0.0% 0.0% 0.0% 2.0% 2.0% TIAA-CREF International Equity Index Fund 13.0% 11.0% 9.0% 7.0% 6.0% TIAA-CREF S&P 500 Index Fund 21.0% 17.0% 13.0% 10.0% 3.0% Virtus AllianzGI Focused Growth Fund 3.0% 2.0% 2.0% 2.0% 2.0% Virtus AllianzGI Global Allocation Fund 26.0% 30.0% 30.0% 30.0% 30.0% Virtus NFJ Dividend Value Fund 3.0% 2.0% 2.0% 2.0% 2.0% TOTAL 100.0% 100.0% 100.0% 100.0% 100.0% Age-Based Investment Portfolios (continued) Age-Based 6 (Age 14) Age-Based 7 (Age 15) Age-Based 8 (Age 16) Age-Based 9 (Ages 17 and Over) Underlying Fund AB Global Real Estate Investment Fund II 3.0% 1.0% 1.0% 0.0% American Funds New Perspective 4.0% 0.0% 0.0% 0.0% DFA Commodity Strategy Portfolio 2.0% 2.0% 1.0% 1.0% DFA Inflation-Protected Securities Portfolio 6.0% 9.0% 10.0% 10.0% Dodge & Xxx International Stock Fund 0.0% 0.0% 0.0% 0.0% Metropolitan West Total Return Bond Fund 9.0% 8.0% 11.0% 12.0% Xxxxxx Xxxxxxx Instl. Emerging Markets Portfolio 0.0% 0.0% 0.0% 0.0% PIMCO Government Money Market Fund 8.0% 9.0% 10.0% 12.0% PIMCO Income Fund 2.0% 3.0% 3.0% 3.0% PIMCO Real Return Fund 8.0% 9.0% 9.0% 9.0% PIMCO Short Asset Investment Fund 17.0% 18.0% 20.0% 24.0% PIMCO Short-Term Fund 3.0% 7.0% 14.0% 16.0% TIAA-CRE...
Sample 1
Target Allocations. Effective commencing with the 2018 Fiscal Year and each Fiscal Year thereafter during the Term and thereafter, the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Performance Award Amount for each such Fiscal Year shall be determined by the Compensation Committee, such that the percentages of the Performance Award Amount for each such Fiscal Year represented by Current Cash, Deferred Cash Interests and the Annual RSU Award shall be as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible; provided, that Current Cash shall not represent less than 75% of the Performance Award Amount for any such Fiscal Year, unless, in respect of any such Fiscal Year, Och-Ziff adopts a uniform system of break points for high earners applicable to all active executive managing directors whereby the Target Allocation Percentages are changed above such break points, which system shall be subject to approval by the Compensation Committee and the Chief Executive Officer of Och-Ziff: Payments & Distributions comprising the Performance Award Amount Target Allocation Percentage Current Cash 75 % Deferred Cash Interests and/or Annual RSU Award 25 %
Sample 1
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Target Allocations. 2.2.1 Provided Supplier is not in breach of a material provision of this Agreement with respect to the supply of any Product within the product family at issue, which breach remains uncured for more than [**] ([**]) calendar days after receipt of notice, during the first three (3) years of the Term, NNL will endeavor to purchase from Supplier a percentage of NNL's product family requirements as set out in the table below ("Target Allocations"): 2002 2003 2004 2005 TxRx Family [**]% [**]% [**]% [**]% AMPS Family [**]% [**]% [**]% [**]% The Target Allocation will be measured on a calendar half-year basis on the aggregate value of Nortel and Nortel Affiliates purchases from Supplier for each product family during each calendar year, as a function of the aggregate purchases by Nortel and Nortel Affiliates, from all vendors of products, within each product family, that: a) Supplier is capable of manufacturing during the measurement period; b) Supplier has the capacity to manufacture during the measurement period; and c) Supplier's products have passed the Acceptance Program, in accordance with Article 4 ("Target Product"). Target Allocation (By Product Family) = 100% × Value of Nortel's and Nortel Affiliates' purchases from Supplier of Target Product Target Value of Nortel's and Nortel Affiliates' purchases from all vendors of Target Product
Sample 1

Related to Target Allocations

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

  • Other Allocations Except as otherwise provided in this Agreement, all items of Partnership income, loss, deduction, and any other allocations not otherwise provided for shall be divided among the Unit Holders in the same proportions as they share Profits or Losses, as the case may be, for the year.

  • Tax Allocations Each item of income, gain, loss or deduction recognized by the Company shall be allocated among the Members for U.S. federal, state and local income tax purposes in the same manner that each such item is allocated to the Member’s Capital Accounts pursuant to Section 3.2(d) or as otherwise provided herein, provided that the Board may adjust such allocations as long as such adjusted allocations have substantial economic effect or are in accordance with the interests of the Members in the Company, in each case within the meaning of the Code and the Treasury Regulations. Tax credits and tax credit recapture shall be allocated in accordance with the Members’ interests in the Company as provided in Treasury Regulations section 1.704-1(b)(4)(ii). Items of Company taxable income, gain, loss and deduction with respect to any property (other than cash) contributed to the capital of the Company or revalued shall, solely for tax purposes, be allocated among the Members, as determined by the Board in accordance with Section 704(c) of the Code, so as to take account of any variation between the adjusted basis of such property to the Company for U.S. federal income tax purposes and its fair market value at the time of contribution or revaluation, as the case may be. All of the Members agree that the Board is authorized to select the method or convention, or to treat an item as an extraordinary item, in relation to any variation of any Member’s interest in the Company described in section 1.706-4 of the Treasury Regulations in determining the Members’ distributive shares of Company items. All matters concerning allocations for U.S. federal, state and local and non-U.S. income tax purposes, including accounting procedures, not expressly provided for by the terms of this Agreement shall be determined by the Board in its sole discretion. Each Class B Ordinary Share is intended to be treated as a profits interest for U.S. federal income tax purposes, and all of the Members agree to report consistently with, and to take any action requested by the Board to ensure, such treatment.

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

  • 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.

  • Corrective Allocations In the event of any allocation of Additional Book Basis Derivative Items or any Book-Down Event or any recognition of a Net Termination Loss, the following rules shall apply:

  • 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:

  • Account Allocations In the event that any of the Sellers is unable for any reason to transfer Receivables to the Trust in accordance with the provisions of this Agreement, including by reason of the application of the provisions of Section 9.02 or any order of any Governmental Authority (a “Transfer Restriction Event”), then, in any such event, (a) the Sellers and the Servicer agree (except as prohibited by any such order) to allocate and pay to the Trust, after the date of such inability, all Collections, including Collections of Receivables transferred to the Trust prior to the occurrence of such event, and all amounts which would have constituted Collections but for such Seller’s inability to transfer Receivables (up to an aggregate amount equal to the amount of Receivables transferred to the Trust by such Seller in the Trust on such date), (b) the Sellers and the Servicer agree that such amounts will be applied as Collections in accordance with Article IV and the terms of each Supplement and (c) for so long as the allocation and application of all Collections and all amounts that would have constituted Collections are made in accordance with clauses (a) and (b) above, Principal Receivables and all amounts which would have constituted Principal Receivables but for such Seller’s inability to transfer Receivables to the Trust which are written off as uncollectible in accordance with this Agreement shall continue to be allocated in accordance with Article IV and the terms of each Supplement. For the purpose of the immediately preceding sentence, the Sellers and the Servicer shall treat the first received Collections with respect to the Accounts as allocable to the Trust until the Trust shall have been allocated and paid Collections in an amount equal to the aggregate amount of Principal Receivables in the Trust as of the date of the occurrence of such event. If any of the Sellers or the Servicer is unable pursuant to any Requirements of Law to allocate Collections as described above, the Sellers and the Servicer agree that, after the occurrence of such event, payments on each Account with respect to the principal balance of such Account shall be allocated first to the oldest principal balance of such Account and shall have such payments applied as Collections in accordance with Article IV and the terms of each Supplement. The parties hereto agree that Finance Charge Receivables, whenever created, accrued in respect of Principal Receivables which have been conveyed to the Trust shall continue to be a part of the Trust notwithstanding any cessation of the transfer of additional Principal Receivables to the Trust and Collections with respect thereto shall continue to be allocated and paid in accordance with Article IV and the terms of each Supplement.

  • Gross Income Allocations In the event any Partner has a deficit balance in its Capital Account at the end of any Partnership taxable period in excess of the sum of (A) the amount such Partner is required to restore pursuant to the provisions of this Agreement and (B) the amount such Partner is deemed obligated to restore pursuant to Treasury Regulation Sections 1.704-2(g) and 1.704-2(i)(5), such Partner shall be specially allocated items of Partnership gross income and gain in the amount of such excess as quickly as possible; provided, that an allocation pursuant to this Section 6.1(d)(v) shall be made only if and to the extent that such Partner would have a deficit balance in its Capital Account as adjusted after all other allocations provided for in this Section 6.1 have been tentatively made as if this Section 6.1(d)(v) were not in this Agreement.

  • 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.

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