Priority Allocation definition

Priority Allocation means, with respect to each Class D Common Unit, allocations of Net Income described in Section 6.1(c)(i)(B) in an aggregate amount such that, immediately after taking such allocations into account, the Economic Capital Account Balance attributable to ownership of such Class D Common Unit shall be in proportion to the relative Economic Capital Account Balances of all Partners (in each case based on relative Percentage Interests of all Partners attributable to Common Units other than any series or classes of Common Units subordinate to such Class D Common Unit).

Priority Allocation means allocations of Net Income with respect to each Class D Common Unit or PSI described in Section 6.1(c)(i)(B) or 6.1(c)(i)(C), respectively, in an aggregate amount such that, immediately after taking such allocations into account, the Economic Capital Account Balance attributable to ownership of such Class D Common Unit or PSI shall be in proportion to the relative Economic Capital Account Balances of all Partners (in each case based on relative Percentage Interests of all Partners attributable to Common Units or PSIs other than any series or classes of Common Units subordinate to such Class D Common Unit or PSI, respectively).

Priority Allocation means allocations of Net Income with respect to each Participating Class P Common Unit, Class D Common Unit or PSI described in Section 6.1(c)(i)(B), 6.1(c)(i)(C) or 6.1(c)(i)(D), respectively, in an aggregate amount such that, immediately after taking such allocations into account, the Economic Capital Account Balance attributable to ownership of such Participating Class P Common Unit, Class D Common Unit or PSI shall be in proportion to the relative Economic Capital Account Balances of all Partners (in each case based on relative Percentage Interests of all Partners attributable to Common Units or PSIs other than any series or classes of Common Units subordinate to such Participating Class P Common Unit, Class D Common Unit or PSI, respectively).

Examples of Priority Allocation in a sentence

• The terms of the Options are set out in Section 11.4. The Offer The Offer is made up of the Broker Firm Offer (detailed in Section 2.2), the Priority Allocation (detailed in Section 2.3) and the General Offer (detailed in Section 2.4).

• All 13 Priority Allocation Rights must pertain to Shares of the same class and must therefore have the same coupon number; it is not possible to combine positions in Priority Allocation Rights relating to Ordinary Shares and Priority Allocation Rights relating to Preferential Shares in order to have the requested number of Priority Allocation Rights.

• The Section Developer shall be responsible for setting and calculating the Toll Rate applicable to each vehicle in the Priced Managed Lanes in the State.

• In practice, this means that the subscriptions made by Existing Shareholders with the relevant Coupon will benefit from a Priority Allocation and Convertible Bonds will be allotted in full without reduction to Existing Shareholders having subscribed on that basis.

• In addition, the sensor package includes an optically bore-sighted laser target designator system, compatible with many U.S. weapon systems, as well as an eye-safe laser range finder (Israel Aerospace Industries 2009).

• Shareholder D would only have the 350 Shares at the Buy-Back Discount bought back under the Priority Allocation.

• However, subscribers withdrawing their subscriptions after the Closing Date of the Priority Rights Subscription Period will not be entitled to share in the Net Scrips Proceeds and will not be compensated in any other way, including the purchase price (and any related cost or taxes) paid in order to acquire any Priority Allocation Rights or Scrips.

• In the event of a scale back, Westpac will buy back the first 380 Shares successfully tendered by each Eligible Shareholder, or such lesser number of Shares determined by Westpac to be the Priority Allocation.

• No Broker fees will be payable in relation to the Priority Allocation.

• Up to 50,000 MVT Notes have been set aside for the Priority Allocation to existing Shareholders as at 23 May 2016 with a registered address in Australia or New Zealand.

More Definitions of Priority Allocation

Priority Allocation means the actual returns available for

Priority Allocation means the actual returns available for application to the oldest outstanding positive amortization base.

Priority Allocation means any allocation under SUBSECTION 10.4(B) OR (C) of Realized Gain and Realized Loss from a Pool, respectively, to the extent of the Redemption UGA and Redemption ULA, respectively, of Partners selling or redeeming all or a portion of their Units in such Pool.

Priority Allocation is defined in clause 3.17(a);