Subsequent Allocation Sample Clauses

Subsequent Allocation. Any Bond proceeds unallocated after the initial allocation shall be allocated to the Funds for which the loss was not covered by the initial allocation.
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Subsequent Allocation. Any proceeds unallocated after the initial allocation shall be allocated by repeating the following procedure until all the proceeds are allocated. To each Party for which the loss was not covered by the prior allocation, there shall be allocated a portion of the unallocated proceeds equal to the lesser of (i) the amount of that Party’s insured loss not covered by the prior allocation, or (ii) an amount equal to the unallocated proceeds multiplied by the applicable fraction set forth in paragraph 4(a) above.
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Subsequent Allocation. A Plan Share Award shall be allocated to each Non-employee Director one year from the date on which Common Stock is initially sold in the Offering. Specifically, each Non-employee Director shall receive a Plan Share Award for the number of whole shares of Common Stock determined by dividing the remaining number of shares of Common Stock which may be issued pursuant to this Plan by the number of Non-employee Directors at such time. In the event of a forfeiture of the right to any Shares subject to an Award, pursuant to Section 7.01 hereof, such forfeited Shares shall be reallocated one month following such forfeiture to the remaining Non-employee Directors by dividing the number of forfeited shares of Common Stock by the remaining number of Non-employee Directors at such time.
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Subsequent Allocation. A Plan Share Award shall be allocated to each Non-Employee Director one year from the date on which his initial allocation is made pursuant to Section 6.01(a) hereof and on the next anniversary date thereafter. Specifically, each Non-Employee Director shall receive a Plan Share Award for 778 shares of Common Stock on each of the two anniversary dates after the initial allocation pursuant to Section 6.01(a) hereof.
Sample 1
Subsequent Allocation. A Plan Share Award shall be allocated to each Non-Employee Director one year from the date on which the Plan was initially approved by stockholders of the Corporation and on the next anniversary date thereafter. Specifically, each Non-Employee Director shall receive a Plan Share Award of 136 shares of Common Stock on each of the two anniversary dates after the initial awards pursuant to Section 6.01(a) hereof (except that each Non-Employee Director who has served as a director of the Bank for more than 30 years shall receive a Plan Share Award of 272 shares of Common Stock on each of the two anniversary dates after the initial awards pursuant to Section 6.01(a) hereof).
Sample 1
Subsequent Allocation. Any proceeds unallocated after the initial allocation shall be allocated by repeating the following procedure until all the proceeds are allocated. To each Party for which the loss was not covered by the prior allocation, there shall be allocated a portion of the unallocated proceeds equal to the lesser of (i) the amount of that Party's loss not covered by the prior allocation, or (ii) an amount equal to the unallocated proceeds multiplied by a fraction, the numerator of which is that Party's portion of the premium paid for the Policy year in question, and the denominator of which is the sum of the premium paid for the Policy year in question by all Parties for which the loss was not covered by the prior allocation.
Sample 1
Subsequent Allocation. Any proceeds unallocated after the initial allocation shall be allocated by repeating the following procedure until all the proceeds are allocated. To each Party for which the loss was not covered by the prior allocation, there shall be allocated a portion of the unallocated proceeds equal to the lesser of (i) the amount of that Party's loss not covered by the prior allocation, or (ii) an amount equal to the unallocated proceeds multiplied by a fraction, the numerator of which is that Party's portion of the premium paid for the Policy year in question, and the denominator of which is the sum of the premium paid for the Policy year in question by all Parties for which the loss was not covered by the prior allocation. 5. AGENT. FBL Investment Advisory Services, Inc. ("Adviser") is hereby appointed as the agent for all the Parties for the purpose of making, adjusting, receiving and enforcing payment of all claims and otherwise dealing with the Policy. Any expenses incurred by Adviser in its capacity as agent in connection with a claim shall be shared by the Parties in proportion to the proceeds received by the Parties for the loss. All other expenses incurred by Adviser in its capacity as agent shall be shared by the Parties in the same proportion as their portion of the total premium paid.
Sample 1
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Related to Subsequent Allocation

  • 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.

  • Account Allocations In the event that any Transferor is unable for any reason to transfer Receivables to the Trust in accordance with the provisions of this Agreement, including by reason of the application of the provisions of Section 4.1 or any order of any Governmental Authority (a “Transfer Restriction Event”), then, in any such event, (a) such Transferor agrees (except as prohibited by any such order) to allocate and pay to the Trust, after the date of such inability, all Collections, including Collections of Receivables transferred to the Trust prior to the occurrence of such event, and all amounts which would have constituted Collections with respect to Receivables but for such Transferor’s inability to transfer Receivables (up to an aggregate amount equal to the amount of Receivables included as part of the Trust Assets on such date transferred to the Trust by such Transferor), (b) such Transferor and the Servicer agree that such amounts will be applied as Collections in accordance with the terms of the Servicing Agreement, the Indenture and each Indenture Supplement and (c) for so long as the allocation and application of all Collections and all amounts that would have constituted Collections are made in accordance with clauses (a) and (b) above, Receivables (and all amounts which would have constituted Receivables but for such Transferor’s inability to transfer Receivables to the Trust) which are written off as uncollectible in accordance with the Servicing Agreement shall continue to be allocated in accordance with the terms of this Agreement, the Servicing Agreement, the Indenture and each Indenture Supplement. For the purpose of the immediately preceding sentence, such Transferor and the Servicer shall treat the first received Collections with respect to the Accounts as allocable to the Trust until the Trust shall have been allocated and paid Collections in an amount equal to the aggregate amount of Receivables included in the Trust as of the date of the occurrence of such event. If such Transferor and the Servicer are unable pursuant to any Requirements of Law to allocate Collections as described above, such Transferor and the Servicer agree that, after the occurrence of such event, payments on each Account with respect to the principal balance of such Account shall be allocated first to the oldest principal balance of such Account and shall have such payments applied as Collections in accordance with the terms of this Agreement, the Servicing Agreement, the Indenture and each Indenture Supplement.

  • Cost Allocation For services rendered by MAEM to Project Companies under this Agreement and/or any Direct Contract, each Project Company shall pay MAEM, on a monthly basis, its share of allocated costs including, but not limited to, personnel costs (the “Service Fee”). For purposes of determining Project Company’s share of allocated costs, MAEM shall apply an industry standard methodology which is applied uniformly across the Asset Companies. Each of MAEM and Project Company acknowledges that the monthly allocations may be adjusted from time to time.

  • Minimum Allocation If the Employer has adopted Sponsor's paired defined contribution plan number 01001, 01004 or 01005 in addition to this Plan, then the minimum allocation required by Section 13.3 will be provided ( ) under this Plan; ( ) under such other paired defined contribution plan. If the Employer has adopted Sponsor's paired defined benefit plan number 02001, then Participants in this Plan (or another paired defined contribution plan) who are covered under the paired defined benefit plan shall receive the top-heavy minimum benefit under the paired defined benefit plan and shall receive no minimum allocation. If a Participant in this Plan who is a Non-Key Employee is covered under another qualified plan maintained by the Employer, other than a paired plan of the Sponsor, the minimum Top Heavy allocation or benefit required under Section 416 of the Code shall be provided to such Non-Key Employee under:

  • Book Allocations The net income and net loss of the Company shall be allocated entirely to the Member.

  • Pro Rata Allocation 37 Prospectus....................................................................................37

  • 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))

  • Offsetting Allocations Notwithstanding the provisions of Sections 6.1, 6.2.B and 6.2.C, but subject to Sections 6.3 and 6.4, in the event Net Income or items thereof are being allocated to a Partner to offset prior Net Loss or items thereof which have been allocated to such Partner, the General Partner shall attempt to allocate such offsetting Net Income or items thereof which are of the same or similar character (including without limitation Section 704(b) book items versus tax items) to the original allocations with respect to such Partner.

  • Risk Allocation Each Party agrees that the Fees charged under this Agreement reflect the allocation of risk between the Parties, including the disclaimer of warranties in Section 3.5(a) and the limitations on liability in Section 7.1. Modifying the allocation of risk from what is stated here would affect the Fees that each Party charges, and in consideration of those Fees, each Party agrees to the stated allocation of risk.

  • 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).

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