Allotment Period definition

Allotment Period means the period ending on the date of the next Annual General Meeting of the Company or on 1 July 2011, whichever is the earlier, or any other period (not exceeding five years on any occasion) for which the authority conferred by this Article 10 is renewed by Resolution of the Company in General Meeting stating the Section 551 Amount for such period;
Allotment Period means (i) the period from the date of adoption of these Articles until 30 September 2011 or, if sooner, the end of the next Annual General Meeting, or (ii) any period specified as such by the Relevant Ordinary Resolution;
Allotment Period means a period of less than a fiscal year in length during which an allotment is effective.

Examples of Allotment Period in a sentence

  • By such authority and power the Directors may, during the Allotment Period, make offers or agreements which would or might require securities to be allotted or sold after the expiry of such period.

  • In respect of each Allotment Period, the directors shall be authorised under paragraph (B) of this article to allot Relevant Securities only up to an aggregate nominal amount equal to the Authorised Allotment Amount.

  • By such authority and power the directors may, during the Allotment Period make offers or agreements which would or might require securities to be allotted or sold after the expiry of such period.

  • By each such authority and power the Directors may during each Allotment Period, make offers or agreements which would or might require the allotment of securities after the expiry of such period.

  • The Directors shall be generally and unconditionally authorised pursuant to and in accordance with Section 80 of the Act to exercise for each Allotment Period all the powers of the Company to allot relevant securities up to an aggregate nominal amount not exceeding an amount equal to one-third of the Ordinary Shares in issue at the beginning of the Allotment Period.


More Definitions of Allotment Period

Allotment Period means any period specified as such by the Relevant Ordinary Resolution;
Allotment Period means the period ending on the date of the Annual General Meeting in 2009 or on 25 April 2009, whichever is the earlier, or any other period (not exceeding five years on any occasion) for which the authority conferred by paragraph 9.2 above is renewed by Resolution of the Company in General Meeting stating the Section 80 Amount for such period;
Allotment Period means any period for which the authority provided for in Section 1023 is renewed or otherwise granted by special resolution of the Company in general meeting;
Allotment Period means (i) the First Allotment Period or (ii) any period specified as such by the Relevant Ordinary Resolution;
Allotment Period means the period ending on the date of the annual general meeting in 2005 or on 20 August 2005, whichever is the earlier, or any other period (not exceeding 5 years on any occasion) for which the authority conferred by article 9.2 is renewed or extended by resolution of the company in general meeting stating the section 80 amount for such period;
Allotment Period means the period ending at the conclusion of the next Annual General Meeting or 15 months from the date of passing the resolution, whichever is the earlier, or any other period (not exceeding five years on any occasion) for which the authority conferred by the Articles is renewed or extended by resolution of the Company in General Meeting stating the Section 80 Amount for such period
Allotment Period means any other period (not exceeding five years on any occasion) for which the authority referred to in Article 3.1 above is renewed or extended by a Resolution of Shareholders stating the Allotment Amount for such period;