Monthly Allowance definition

Monthly Allowance means £200.00.
Monthly Allowance shall have the meaning set forth in Section 6(a).
Monthly Allowance means, with respect to each calendar month commencing with the calendar month of May, 2024, a portion of the principal amount of this Debenture equal to two (2%) percent of the original principal amount of this Debenture.

Examples of Monthly Allowance in a sentence

  • Monthly Allowance Under no circumstances shall counties give a foster child a monthly allowance as monthly allowances are included in board payments to resource homes and facilities.

  • A condition to receiving the Monthly Allowance and participating in the Plan is the submission of an election form to participate in the Plan.

  • Monthly Allowance for Tenant-paid Utilities: (Utility Allowance Chart available from staff)Indicate GasCheck if PaidCheck if PaidOr ElectricBy TenantBy OwnerSpace Heating Stove Water Heater Trash Water/Sewer Other Bedroom Size Total Utility Allowance by Unit Size Attach Utility Allowance Chart with applicable allowances circled.

  • Charges incurred outside the UK or through inadvertent roaming (see relevant section below) may differ.If the chosen tariff or plan includes an inclusive allowance of calls, MMS, SMS and / or data usage for a monthly subscription charge (a “Monthly Allowance”) and usage exceeds that monthly allowance at any time during a billing period and the Mobile Services account balance reaches zero, you will be charged for any usage in excess of your Monthly Allowance.

  • For the further avoidance of doubt, the Holder and the Company agree that the Holder may deliver more than one Holder Redemption Notice during a calendar month provided that the sum of the Holder Redemption Amounts set forth in all of the Holder Redemption Notices delivered during such calendar month does not exceed the Monthly Allowance.


More Definitions of Monthly Allowance

Monthly Allowance means, with respect to each calendar month commencing with March, 2018, a portion of the principal amount of this Debenture equal to $937,500 plus accrued and unpaid interest thereon.
Monthly Allowance means, with respect to each calendar month, a principal amount of this Debenture equal to one million five hundred thousand dollars ($1,500,000) plus accrued and unpaid interest thereon; provided , however , if the sale price (including, for the avoidance of doubt, any intra-Trading Day sale price) of the Common Stock on the Principal Market on any Trading Day during such calendar month exceeds $0.40 per share (appropriately adjusted for any stock split, stock dividend, stock combination, stock buy-back or other similar transaction) and this Debenture is Stock On, then the “ Monthly Allowance ” for such calendar month shall automatically be increased, without any further action of the parties, to a principal amount of this Debenture equal to two million two hundred thousand dollars ($2,200,000) plus accrued and unpaid interest thereon. For the avoidance of doubt, neither the Holder nor the Company shall be required to give any written notice to the other for the increase in the Monthly Allowance required by the proviso to the immediately preceding sentence to take effect. For the further avoidance of doubt, (a) no reduction in the outstanding principal amount of this Debenture (as a result of conversion, redemption or otherwise) shall reduce or otherwise have any effect on the amount of the Monthly Allowance, which shall remain unchanged regardless of any such reduction in the outstanding principal amount of this Debenture, and
Monthly Allowance means, with respect to each calendar month, a portion of the principal amount of this Debenture equal to $[170,000].
Monthly Allowance. During the period commencing on the Effective Date and continuing through the Fourth Anniversary of the Effective Date, Consultant shall be entitled to a Monthly Allowance of Two Thousand Five Hundred Dollars ($2,500) for any and all direct and indirect expenses associated with establishing and maintaining an office at a location separate from the Company's headquarters. Such payment is intended to cover all expenses associated with maintaining an office, including, without limitation, leasehold improvements, office furniture and equipment, utilities, insurance, parking and transportation to and from the office. No other business expenses or costs shall be paid to Consultant unless advance written approval of the project with which the expenses are associated is granted by the Company's Chief Executive Officer. Expense reimbursements shall be subject to approval by the Audit Committee of the Board of Directors.
Monthly Allowance means, with respect to each calendar month, a portion of the principal amount of this Debenture equal to $[170,000]. “ Monthly Redemption Advance Date ” shall have the meaning set forth in Section 4(a)(iii) .
Monthly Allowance means, with respect to each calendar month, a principal amount of this Debenture equal to one million five hundred thousand dollars ($1,500,000) plus accrued and unpaid interest thereon; provided, however, if the sale price (including, for the avoidance of doubt, any intra-Trading Day sale price) of the Common Stock on the Principal Market on any Trading Day during such calendar month exceeds $0.40 per share (appropriately adjusted for any stock split, stock dividend, stock combination, stock buy-back or other similar transaction) and this Debenture is Stock On, then the “Monthly Allowance” for such calendar month shall automatically be increased, without any further action of the parties, to a principal amount of this Debenture equal to two million two hundred thousand dollars ($2,200,000) plus accrued and unpaid interest thereon. For the avoidance of doubt, neither the Holder nor the Company shall be required to give any written notice to the other for the increase in the Monthly Allowance required by the proviso to the immediately preceding sentence to take effect. For the further avoidance of doubt, (a) no reduction in the outstanding principal amount of this Debenture (as a result of conversion, redemption or otherwise) shall reduce or otherwise have any effect on the amount of the Monthly Allowance, which shall remain unchanged regardless of any such reduction in the outstanding principal amount of this Debenture, and (b) the Monthly Allowance shall never be greater than the outstanding principal balance of this Debenture.
Monthly Allowance set forth in Section 1 of the Debenture is amended by replacing the reference to “$170,000” with “$221,000.”