Examples of Agreed Allocation in a sentence
During a Critically Dry Year, taking into account and satisfying the MCWD Agreed Allocation (as the same is subject to terms of Section 9.6), CAW shall be authorized to take and receive up to 10,900 AFY, if feasible, from the Regional Desalination Project for distribution to its customers.
Based upon the data, a true-up of the amount of Product Water delivered to MCWD as the MCWD Agreed Allocation shall occur by either crediting or debiting the anticipated amount of the MCWD Agreed Allocation for the current Calendar Year by the amount of Product Water actually delivered to MCWD as the MCWD Agreed Allocation during the prior Calendar Year less the actual MCWD Agreed Allocation for such immediately prior Calendar Year.
In the event MCWRA reasonably determines that the MCWD Agreed Allocation would not comply with Legal Requirements, the Parties shall meet and confer, using diligent good faith efforts, to develop a plan of action in accordance with the procedures set forth in Section 8.2(c) of this Agreement.
Proposed §301.6222-1(a) provided that the treatment of partnership-related items on a partner’s return must be consistent with the treatment of such items on the partnership return in all respects, including the amount, timing, and characterization of such items.
Seller and Buyer agree to (i) be bound by any Agreed Allocation and (ii) act in accordance with any Agreed Allocation in the preparation, filing and audit of any Tax return (including filing IRS Form 8594), unless otherwise required by Applicable Law.