Provisional Allocation definition

Provisional Allocation means a provisional award of Securities which does not constitute the acquisition by a Participant of an interest in the Securities awarded to him or the acquisition of a right to acquire those Securities;
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Provisional Allocation means a provisional award of cash which does not constitute the acquisition by a Participant of an interest in the cash awarded to him or the acquisition of a right to that cash;
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Provisional Allocation means a provisional award of Securities awarded by the Trustees which does not (i) constitute the acquisition by a Participant of an interest in the Securities awarded to him or the acquisition of a right to acquire those Securities or (ii) entitle a Participant to claim any interest in the trust fund of the Trust or to compel the Trustees to pay or apply any of the capital or income comprised in the trust fund of the Trust to or for the benefit of a Participant;
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Examples of Provisional Allocation in a sentence

  • Further information is available on the application form titled, Application for a Variation of a Provisional Allocation of Places.

  • 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.

  • In the case of a Provisional Allocation, the Committee shall, in its absolute discretion, decide whether the Award should Vest (provided, in the case of an executive director of the Company, that any discretion is exercised in accordance with the Company's directors' remuneration policy, as amended from time to time).

  • The second half of the number of Units provisionally allocated (representing the last 25% of the Variable Remuneration) matures and is therefore vested on the first calendar day of the month following the second anniversary of the Provisional Allocation Date (“Vesting Period” 2).

  • The first half of the number of Units provisionally allocated (representing 25% of the Variable Remuneration, the allocation of which is spread out over time) matures and is therefore vested on the first calendar day of the month following the first anniversary of the Provisional Allocation Date (“Vesting Period” 1).

  • The Units allocated in application of this adjustment shall be deemed permanently allocated on the same day as the Units initially allocated on the Provisional Allocation Date.

  • 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 Variable Remuneration of a member of theExecutive Committee as provided for by the work contract and decided annually by the Board of Directors, on the proposal of the Remuneration Committee, related to the achievement of goals set at the beginning of each year and evaluated at the beginning of the following year by the Board of Directors.One Unit corresponds to the Fair Value of an Ordinary Share of the Company allocated to the Beneficiary as at the Provisional Allocation Date under this Plan.

  • Any Vesting Portion which does not Vest shall lapse.1.2Subject to Rules 3.3, 3.4 and 3.6, if a Participant dies his Award (provided it is not a Provisional Allocation) shall, unless the Committee decides otherwise in exceptional circumstances, Vest on the earlier of its applicable Vesting Date and the date on which the Committee is notified of the death in accordance with Rule 4.


More Definitions of Provisional Allocation

Provisional Allocation means the document bearing that title in the Agreed Form AF5 and identifying the provisional allocation of the Purchase Price as between the Business Vendors and as between the Business Assets sold by each Business Vendor;
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Provisional Allocation shall have the meaning set forth in Section 5.05(a).
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Provisional Allocation means an allocation of * places under Division 14 that has not taken effect under subsection 15-1(1).
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Provisional Allocation means a provisional award of Securities which does not constitute the acquisition by a Participant
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Related to Provisional Allocation

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • 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.

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

  • 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).

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Treasury Bills, which may be held without limit:

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

  • 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).

  • Allocations means any and all of the allocations described in Sections 1.3(a), 1.3(b), 1.3(c) and 1.3(d) hereof.

  • Loss Allocation Limitation As defined in Section 4.4(g).

  • 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.

  • 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.

  • Carryover Allocation means an Allocation made to the Project if the Project will not be Placed in Service by close of the calendar year of the Allocation.

  • Monthly Total Principal Allocation means for any Related Month the sum of all Series 2015-3 Principal Allocations with respect to such Related Month.

  • Reais Allocation Date means, with respect of any Reais Transfer Date, the Business Day which is immediately prior to such Reais Transfer Date.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • 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.

  • REMIC II Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC II Remittance Rate for REMIC II Regular Interest AA minus the Marker Rate, divided by (b) 12.

  • Capital Account Limitation has the meaning provided in Section 4.5(b) hereof.

  • REMIC I Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC I Remittance Rate for REMIC I Regular Interest I-LTAA minus the Marker Rate, divided by (b) 12.

  • Qualified Allocation Plan or “QAP” means this Qualified Allocation Plan, which was adopted by Board Action on October 17, 2012 and made effective as of January 1, 2013, and which was approved by the Governor of the State of New Mexico pursuant to Section 42(m)(1)(B) of the Code and sets forth the Project Selection Criteria and the preferences for Projects which will receive Tax Credits.

  • 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.

  • Class B Floating Allocation means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Adjusted Investor Interest as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Investor Interest as of the close of business on such day; provided, however, that, with respect to the first Monthly Period, the Class B Floating Allocation shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Investor Interest and the denominator of which is the Initial Investor Interest.

  • Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Allocation Area means that part of a redevelopment project area to which an allocation provision of a declaratory resolution adopted under section 15 of this chapter refers for purposes of distribution and allocation of property taxes.

  • 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.