Common use of CALCULATION OF THE DISTRIBUTION AND MAXIMUM ENTITLEMENT Clause in Contracts

CALCULATION OF THE DISTRIBUTION AND MAXIMUM ENTITLEMENT. 3. The Administrator will allocate 30% of the Compensation Fund to Authorized Claims in respect of Qualified Shares (September Disclosure) to create the Compensation Fund (September Disclosure). The Administrator will then allocate 70% of the Compensation Fund to Authorized Claims in respect of Qualified Shares (November Disclosure) to create the Compensation Fund (November Disclosure).

Appears in 3 contracts

Samples: Defined Terms, Defined Terms, Settlement Agreement

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CALCULATION OF THE DISTRIBUTION AND MAXIMUM ENTITLEMENT. 3. The Administrator will allocate 3020% of the Compensation Fund to Authorized Claims in respect of Qualified Shares (September July Disclosure) to create the Compensation Fund (September July Disclosure). The Administrator will then allocate 7080% of the Compensation Fund to Authorized Claims in respect of Qualified Shares (November August Disclosure) to create the Compensation Fund (November August Disclosure).

Appears in 1 contract

Samples: Settlement Agreement

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