Examples of Participant Allocation in a sentence
The Firm has no obligation to invest amounts corresponding to a Participant’s Participant Allocation or Notional Advance and/or any Proceeds with respect to Notional Plan Investments.
Upon such occurrence, the Participant shall have no further interest in or entitlement under the Plan, including no right or entitlement to any Participant Allocation.
If the Firm invests amounts corresponding to a Participant’s Participant Allocation or Notional Advance in any Notional Plan Investment, such investment shall not confer on such Participant any right or interest in any such Notional Plan Investment.
Additionally, if the value of the Notional Plan Investments decreases in the future and proves to be less than the sum of the unreduced invested Notional Advance, accrued and unreduced notional interest, accrued and unreduced Administration Fee and any Notional Advance committed but not yet notionally invested, a Participant will not be entitled to receive any of his or her applicable Participant Allocation with respect to such Total Notional Investment.
In accordance with any rules and procedures that the Firm establishes, an Eligible Person may be permitted to express a preference to receive a Notional Advance of a specified amount with respect to any Participant Allocation.
If the value of the Notional Plan Investments decreases in the future, then the value of a Participant’s Total Notional Investment may be lower than a Participant’s applicable Participant Allocation.
In connection with the notional investment of any Participant Allocation (or portion thereof) in a Notional Plan Investment, an amount equal to a multiple (which may include zero) of such Participant Allocation (or portion thereof), as determined in the discretion of the Firm, may be added to the Participant’s Account for purposes of enhancing the leverage of the applicable Participant Allocation in its notional investment in Notional Plan Investments.
ACTION: M/S (Zettel/Bertolino) to approve Resolution 22-01-05 Approval of Updated Exhibit A (EIM Participant Allocation) of the Second Amended and Restated Energy Imbalance Market Participation Agreement.
Additionally, if the value of the Notional Plan Investments decreases in the future and proves to be insufficient to reduce the Notional Advances (plus any notional interest thereon), a Participant will not be entitled to receive any of such Participant’s Participant Allocation.
The maximum fee allocated to FINRA would be the greater of (x) 20% of the Equities Participant Allocation or (y) the highest CAT fee required to be paid by any other Equities Participant plus 5% of such highest CAT fee (the “Maximum Equities Participant Fee”).