Discretionary Allocation Period Sample Clauses

Discretionary Allocation Period. To the extent that the New Shares are not subscribed for in full during the Preferential Subscription Period and the Additional Shares Allocation Period, there shall be a period for the discretionary allocation of Underwritten Shares not so subscribed (the “Discretionary Allocation Shares”) pursuant to the terms and conditions of this Agreement and the Securities Note, amongst qualified institutional investors (as defined in Clause 1.1). Such period would be expected to start any time after the end of the Additional Shares Allocation Period and end by not later than 6:00 a.m., Madrid time, on the immediately following calendar day (hereinafter, the “Discretionary Allocation Period”). No later than 12:00 (Madrid time) on 26 July 2017, the Company shall procure that the Agent gives notice to the Company and to the Joint Global Coordinators of the approximate number of Discretionary Allocation Shares (if any) to be allocated during the Discretionary Allocation Period and will provide the definitive number by no later than 17:00 (Madrid time) on such date. Promptly after the end of the Discretionary Allocation Period, if such period is opened, the Company shall file a notice (hecho relevante) with the CNMV. As indicated under Clause 1.1, during the Discretionary Allocation Period, the Underwriters will carry on activities of promotion in order to obtain proposals to subscribe for Discretionary Allocation Shares from qualified institutional investors.
Sample 1
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Related to Discretionary Allocation Period

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Employer Contributions If Employer contributions are permitted, complete (a) and/or (b). Otherwise complete (c).

  • FORFEITURE ALLOCATION Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b))

  • Qualified Nonelective Contributions If the Employer, at the time of contribution, designates a contribution to be a qualified nonelective contribution for the Plan Year, the Advisory Committee will allocate that qualified nonelective contribution to the Qualified Nonelective Contributions Account of each Participant eligible for an allocation of that designated contribution, as specified in Section 3.04 of the Employer's Adoption Agreement. The Advisory Committee will make the allocation to each eligible Participant's Account in the same ratio that the Participant's Compensation for the Plan Year bears to the total Compensation of all eligible Participants for the Plan Year. The Advisory Committee will determine a Participant's Compensation in accordance with the general definition of Compensation under Section 1.12 of the Plan, as modified by the Employer in Sections 1.12 and 3.06 of its Adoption Agreement.

  • Plan Year Any reference to “

  • Employer Profit Sharing Contributions An Employee will be eligible to become a Participant in the Plan for purposes of receiving an allocation of any Employer Profit Sharing Contribution made pursuant to Section 10 of the Adoption Agreement after completing ________ (enter 0, 1, 2 or any fraction less than 2)

  • Forfeiture Allocations Upon a forfeiture of any Unvested LTIP Units or Unvested Performance Units by any Partner, gross items of income, gain, loss or deduction shall be allocated to such Partner if and to the extent required by final Regulations promulgated after the Effective Date to ensure that allocations made with respect to all unvested Partnership Interests are recognized under Code Section 704(b).

  • DEFERRAL CONTRIBUTIONS The Advisory Committee will allocate to each Participant's Deferral Contributions Account the amount of Deferral Contributions the Employer makes to the Trust on behalf of the Participant. The Advisory Committee will make this allocation as of the last day of each Plan Year unless, in Adoption Agreement Section 3.04, the Employer elects more frequent allocation dates for salary reduction contributions.

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