Funding priority Sample Clauses

Funding priority. Funding priority is always to be given to new teachers. When the need arises, veteran teachers may apply for peer mentor assistance through their building or program administrator.
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Funding priority. Assignment of mentors shall be as follows:
Funding priority. For each month after the calendar month in which the Closing Date occurs (each, the "Current Month"), all monies collected in the Mezzanine Account during each such Current Month shall be allocated as set forth in this Section 7(a). In each Current Month, Agent, except as otherwise provided in Section 7(b), below, shall allocate all funds transferred or deposited into the Mezzanine Account between the Mezzanine Account and the Notes Reserve Fund Sub-Account as follows and in the following priority:

Related to Funding priority

  • Priority If the Managing Underwriter or Underwriters of any proposed Underwritten Offering of Common Units included in an Underwritten Offering involving Included Registrable Securities advises the Partnership that the total amount of Common Units that the Selling Holders and any other Persons intend to include in such offering exceeds the number that can be sold in such offering without being likely to have an adverse effect on the price, timing or distribution of the Common Units offered or the market for the Common Units, then the Common Units to be included in such Underwritten Offering shall include the number of Registrable Securities that such Managing Underwriter or Underwriters advises the Partnership can be sold without having such adverse effect, with such number to be allocated (i) first, to the Partnership and (ii) second, pro rata among the Selling Holders who have requested participation in such Underwritten Offering and any other holder of securities of the Partnership having rights of registration that are neither expressly senior nor subordinated to the Registrable Securities (the “Parity Securities”). The pro rata allocations for each Selling Holder who has requested participation in such Underwritten Offering shall be the product of (a) the aggregate number of Registrable Securities proposed to be sold in such Underwritten Offering multiplied by (b) the fraction derived by dividing (x) the number of Registrable Securities owned on the Closing Date by such Selling Holder by (y) the aggregate number of Registrable Securities owned on the Closing Date by all Selling Holders plus the aggregate number of Parity Securities owned on the Closing Date by all holders of Parity Securities that are participating in the Underwritten Offering.

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