Examples of Allotment in a sentence
Allotment of such land shall not confer any tenancy rights to the Contractor.
Any employee desiring to have his union dues deducted from his pay may, at any time, complete and sign the appropriate portions of the approved form, “Request and Authorization for Voluntary Allotment of Compensation for Payment of Employee Organization Dues.” Such deductions will be effective on the first full pay period following the date that a properly completed allotment form for voluntary deduction is received in the appropriate payroll office.
The Bank has and will have available on the Allotment Date authorized and unissued share capital sufficient to satisfy the issue of such number of Equity Shares as would be required to be issued pursuant to the Issue.
The issuance of the Rights Equity Shares in the Issue will not be subject to any option, warrant, put, call, pre-emptive right, right of first refusal or other right to acquire or purchase any such Equity Shares; and the Equity Shares are not, and at the Allotment Date, will not be, subject to any restrictions on transfer, including any lock-up, standstill or other similar agreements or arrangements, except as provided in the SEBI ICDR Regulations.
In the event of under-subscription in the Offer, subject to compliance with the Rule 19(2)(b) of SCRR, the Allotment for the valid Bids will be made in the first instance towards subscription for 90% of the Fresh Issue and if there remain any balance valid Bids in the Offer, the Allotment for the balance valid Bids will be made pro rata towards Offered Shares in the Offer for Sale.