Definitive Allocation definition

Definitive Allocation means the allocation that occurs at the end of a Vesting Period, after which a Beneficiary becomes the effective and definitive owner of all or some of the Shares comprising the relevant Tranche.
Sample 1Sample 2Sample 3

Examples of Definitive Allocation in a sentence

  • For the 2014 Plan, the Definitive Allocation Date is 1 March 2015.

  • At the time of the Definitive Allocation, these Units shall be converted into a cash amount on the basis of the Fair Market Value of an Ordinary Share of the company at the Definitive Allocation Date, plus the gross dividend allocated since the Provisional Allocation Date.

  • All the Shares covered by Initial Allocations which are not subject to a Definitive Allocation, shall revert to the number of Shares available for Initial Allocations at a later date under the Plan.

  • The Shares shall only be issued on the Definitive Allocation Date if the issuance and distribution of Shares is compliant to all legal rules and regulations applicable, including but not limited to: the provisions in force for the time being of the French Commercial Code, the United States Securities Act of 1933 and amendments thereto, the Securities Exchange Act of 1934, as amended, and the regulations of all stock market pricing and listing systems whereby which the Shares are traded.

  • At the end of the Vesting Period concerned, the Company shall pay the Beneficiary, within thirty calendar days, a cash amount corresponding to the Fair Market Value as at the Definitive Allocation Date plus the gross dividends allocated since the Provisional Allocation Date multiplied by the number of Units permanently allocated to the Beneficiary by the Board of Directors.

  • Cash amount = (Fair Market Value as at the Definitive Allocation Date + gross dividends allocated since the Provisional Allocation Date) X number of Units permanently allocated Before the Definitive Allocation Date, the Board of Directors may, on a discretionary basis, decide to grant the equivalent of the Units provisionally allocated in any other form to the Beneficiaries.

  • The Actions shall be delivered to accounts in the Beneficiary’s name opened in the books of the Depositary, on the Definitive Allocation Date, subject to the Beneficiaries having paid to the Company or the Affiliate all the sums withheld or due, if any, in respect of the allocation and delivery of Shares.

  • In case of termination of the Work Contract because of retirement or permanent work disability before the Definitive Allocation Date, the Units shall be immediately and permanently allocated to the Beneficiary concerned.

  • In case of the Beneficiary’s death, the Shares for which a Definitive Allocation has been requested by his/her heirs according to the conditions set forth by article L.225-197-3 al 2 of the French Commercial Code, may be sold, transferred or assigned at anytime.

  • The Shares shall be delivered to accounts in the Beneficiary’s name opened in the books of the Depositary, on the Definitive Allocation Date, subject to the Beneficiaries having paid to the Company or the Affiliate all the sums to be withheld or due, if any, in respect of the Definitive Allocation and delivery of Shares.

Related to Definitive Allocation

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(xi).

  • Final Allocation has the meaning set forth in Section 2.3.

  • Definitive Certificate A Certificate of any Class issued in definitive, fully registered, certificated form.

  • Required Allocations means (a) any limitation imposed on any allocation of Net Losses or Net Termination Losses under Section 6.1(b) or 6.1(c)(ii) and (b) any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), 6.1(d)(ii), 6.1(d)(iv), 6.1(d)(vii) or 6.1(d)(ix).

  • Definitive Agreement means that certain Securities Purchase Agreement by and between Issuer and Treasury, dated as of the Signing Date.

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Authorized Allocation means an amount equivalent to $500,000 to be withdrawn from the Credit Account and deposited into the Special Account pursuant to paragraph 3 (a) of this Schedule.

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Unrestricted Definitive Notes means Definitive Notes that are not required to bear, or are not subject to, the Restricted Notes Legend.

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • Definitive Capital Securities means any Capital Securities in definitive form issued by the Trust.

  • Allocation has the meaning set forth in Section 3.3.

  • Definitive Bearer Note means a Bearer Note in definitive form being in the form or substantially in the form set out in Appendix B-3 hereto (or in such other form as may be agreed between the relevant Issuer, the Agent and the relevant Purchaser or Purchasers) issued or to be issued by the relevant Issuer pursuant to this Agreement in exchange for the whole or (subject to the terms of the relevant Temporary Global Note and/or Permanent Global Note) part of a Temporary Global and/or Permanent Global Note;

  • Unrestricted Definitive Note means one or more Definitive Notes that do not bear and are not required to bear the Private Placement Legend.

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Unrestricted Definitive Security means Definitive Securities and any other Securities that are not required to bear, or are not subject to, the Restricted Securities Legend.

  • Definitive Notes has the meaning specified in Section 2.10.

  • Definitive Security means a certificated Security registered in the name of the Securityholder thereof and issued in accordance with Section 2.05.

  • Definitive Warrant means a Warrant Certificate in definitive form that is not deposited with the Depositary or with the Warrant Agent as the Warrant Custodian.

  • Definitive Certificates As defined in Section 5.01(b).

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Allocation Period means the period (a) commencing on the date hereof or, for any Allocation Period other than such first Allocation Period, the day following the end of a prior Allocation Period and (b) ending (A) on the last day of each Fiscal Year, (B) on the day preceding any day in which an adjustment to the Book Value of the C.V.’s properties pursuant to clause (b)(i), (ii), (iii) or (v) of the definition of Book Value occurs, (C) immediately after any day in which an adjustment to the Book Value of the C.V.’s properties pursuant to clause (b)(iv) of the definition of Book Value occurs, or (D) on any other date determined by the Managing Partner.

  • Definitive Agreements has the meaning set forth in Section 5.11(a).

  • Definitive Capital Securities Certificates means either or both (as the context requires) of (i) Capital Securities Certificates issued as Book-Entry Capital Securities Certificates as provided in Section 5.11, and (ii) Capital Securities Certificates issued in certificated, fully registered form as provided in Section 5.13.

  • Temporary Regulation S Global Certificate As defined in Section 5.02(c)(i) of this Agreement.