Traditional Method definition

Traditional Method means the "traditional method" of making Code Section 704(c) allocations described in Regulations Section 1.704-3(b).
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Traditional Method. Notwithstanding any provision of the Vornado OP Partnership Agreement, Vornado OP shall use the "traditional method" under Regulations ss. 1.704-3(b) for purposes of making all allocations under Section 704(c) of the Code (with no "curative allocations" to offset the effect of a "Ceiling Rule Disparity," as described in Section 7(b) below, except as set forth in Sections 7(c) and 7(d) below) with respect to (i) each of the assets acquired by Vornado OP from SCR in the Merger (including, without limitation, all assets owned by SCR or any direct or indirect Subsidiary of SCR that is treated either as a partnership or as a disregarded entity for federal income tax purposes), except to the extent that Vornado OP expressly would be required to use a different method under an SCR Tax Protection Agreement assumed by Vornado OP pursuant to the Merger Agreement and the affected SCR Partner has not executed an agreement to waive its right to such different method following the Merger. The 704(c) Values of the Protected Properties shall be as determined by agreement between SCR and Vornado OP prior to the effective time of the Merger, or in the absence of such agreement, as determined by Vornado REIT, in its capacity as general partner of Vornado OP, in good faith for purposes of preparing the financial statements of Vornado and Vornado OP reflecting the results of the Merger so long as the outside accountants of Vornado and Vornado OP have approved such financial statements as being in accordance with general accepted accounting procedures. 4/
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Traditional Method payments, such as checks, cash or money orders (which requires additional handling) will have a fee of $10.00 per transaction and additional $15.00 per transaction for cash. Include fees with all rent payments. Please write checks with both our names; with the word “or” (i.e.): “ Xxxxxxx or Xxxxx Xxxxxxxx ” Checks and/or Money Orders (with any fees) must be delivered or mailed to: X.X. Xxx 0000, Xxxxx Xxxxx, XX 00000
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Examples of Traditional Method in a sentence

  • DaLA method states that market value of yield per tree for the current season (agricultural season) and cost of re-planting and nursery should be used to determine the compensation rate for the economic tree while the Traditional Method equates the capital of the existing structure/ tree to the cost of reinstating the structure/ tree on the same type of plot at the current labour, material and other incident costs.

  • These estimates are based on local market conditions existing at the balance sheet date.Techniques used for valuing investment propertyThe Traditional Method converts anticipated future cash flow benefits in the form of rental income into present value.

  • Under the Traditional Method, detailed damage inspections are conducted to document site-by-site estimates.

  • A dedicated, financially minded, State Financial Secretary is needed.Model 2.

  • Sussex also benefits from its high latitude, which gives the opportunity to have a longer growing season, enabling grapes to mature to full phenolic ripeness, and the wide diurnal temperature range providing ideal growing conditions for Traditional Method quality sparkling and still wine production.

  • Since the NCDs shall be issued in dematerialised mode and shall be listed on the WDM segment of BSE, no tax will be deductible at source on the payment/credit of interest/implicit yield on NCDs held by any person resident in India.

  • Sussex sparkling is a Traditional Method quality sparkling white or rosé wine made from classic sparkling wine grape varieties grown within the administrative boundaries of the counties of East and West Sussex (detailed in section 3).

  • DaLA method states that market value of yield per tree for the current season (agricultural season) and cost of re- planting and nursery should be used to determine the compensation rate for the economic tree while the Traditional Method equates the capital of the existing structure/ tree to the cost of reinstating the structure/ tree on the same type of plot at the current labour, material and other incident costs.

  • Vinification: In addition to the rules specified above and otherwise by the Sussex Wine Producers (SWP), the wines must meet the minimum standards as specified by the EU legislation in force for Traditional Method Quality Sparkling Wine (as defined by EU regulation 1308/2013 and Commission Regulation EC 606/2009 and EC 607/2009).

  • The allocation of such items shall be made pursuant to the "Traditional Method" of Regulation Section 1.704-3(b).


More Definitions of Traditional Method

Traditional Method standard payments, such as checks or money orders, which requires additional handling & processing will have a fee of $20.00 per transaction and/or $25.00 per transaction for cash; during Covid-19 Pandemic. Please, include fees with rent payments.
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Traditional Method has the meaning set forth in Section 5.01(f)(iii).
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Related to Traditional Method

  • Alternative method means any method of sampling and analyzing for an air pollutant that is not a reference or equivalent method but that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to, in specific cases, produce results adequate for a determination of compliance.

  • Participating Retail Health Clinic means a Retail Health Clinic which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Random selection basis means a mechanism for selection of employees that:

  • Modular building retailer means any person who purchases or acquires a modular building from a

  • Selection Criteria means and includes all of the requirements, considerations,

  • Investment Election means an election, made in such form as the Administrative Committee may direct, pursuant to which a Participant may elect the Investment Funds in which the amounts credited to his Account will be deemed to be invested.

  • Automatic Route Selection (“ARS”) is a service feature associated with a specific grouping of lines that provides for automatic selection of the least expensive or most appropriate transmission facility for each call based on criteria programmed into the system.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Small employer carrier means any carrier that offers health benefit plans covering eligible employees of one or more small employers in this state.

  • Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.

  • Over-Riding Nomination Criteria means the criteria set out in clause 4.2.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Safe Harbor has the meaning set forth in Section 10.2(d).

  • Methodology means a document describing how a designated benchmark administrator determines a designated benchmark;

  • Method Detection Level or “MDL” means the minimum concentration of an analyte (substance) that can be measured and reported with a ninety- nine percent (99%) confidence that the analyte concentration is greater than zero (0) as determined by procedure set forth in 40 CFR 136, Appendix B. The method detection level or MDL is equivalent to the LOD.

  • Statewide special election means a special election called by the governor or the

  • Statewide popular election means a general election in which votes are cast for

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

  • Nomination Criteria means the criteria made up of the Over-Riding Nomination Criteria andthe Specific Nomination Factors, and is also referred to as “this Criteria”.

  • Primary election means any regular primary election held under the election

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Non-Participating Retail Health Clinic means a Retail Health Clinic which does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.