Shared Allocation definition

Shared Allocation means that the holders of Series Preferred Stock and Junior Stock shall share the remaining consideration to be paid by the acquiring corporation in such transaction in proportion to the number of shares held by each holder but, for this limited purpose, treating each holder of the Series Preferred Stock as if it held the number of shares of Common Stock issuable to it upon conversion of the Series Preferred Stock held by it in accordance with the conversion privilege set forth in Section 7 hereof.
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Shared Allocation means that the holders of Series D Preferred Stock, Priority Preferred Stock, the holders of Series A Preferred Stock and the holders of any other shares of any series or class of capital stock with participation rights (the “Other Participating Securities”) and Common Stock shall share the remaining assets of the Corporation available for distribution to its stockholders in the same proportion as the number of shares of outstanding Common Stock issuable upon the conversion of outstanding Series A Preferred Stock, Series D Preferred Stock, Priority Preferred Stock and Other Participating Securities then held by each such stockholder bears to the total number of shares of outstanding Common Stock plus the Common Stock issuable upon conversion of outstanding Series A Preferred Stock, Series D Preferred Stock, Priority Preferred Stock and Other Participating Securities.
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Shared Allocation means that the holders of Series B Preferred Stock and Common Stock shall share the remaining consideration to be paid by the acquiring Person in such transaction in the same proportion as the number of shares of outstanding Common Stock and Common Stock issuable upon the conversion of outstanding Series B Preferred Stock then held by each of them bears to the total number of shares of outstanding Common Stock and the total number of shares of Common Stock issuable upon conversion of all outstanding Series B Preferred Stock.
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Examples of Shared Allocation in a sentence

  • The administration of this shared pool of FARMER Program funding is described in Section 3.1.1 – Shared Allocation for Districts with Less than One Percent.

  • The applicant acknowledges that award of cash incentives is conditional upon the approval of the FARMER Shared Allocation Pool Program Administrator and is not guaranteed.

  • Further, if Collocator is the Primary Collocator in a New Shared Collocation arrangement, as a condition of ordering New Shared Allocation, Collocator shall require its Resident Collocator(s) to execute an agreement prior to the Delivery Date that, inter alia, requires such Resident Collocator(s)' compliance with the terms, conditions and restrictions relating to Collocation contained in this Agreement and designates SBC-13STATE as a third party beneficiary of such agreement.

  • Adopt Resolution #22-03, thereby authorizing the District to accept Shared Allocation Pool (SAP) funds and execute the California Air Resources Board (CARB) grant agreement for administration of CARB’s FY 21-22 FARMER Program, including funding for ongoing development and maintenance of the FARMER Reporting Tool; and authorizing the APCO to negotiate, sign, and amend as needed, agreements and contracts related to administration and implementation of the FY 21-22 FARMER Program.

  • Saudi Pak Leasing Company Limited 6.1Preference Shares- Security Leasing Corporation Limited 6.2Less: impairment recognized during the period / year 6.1 All monthly installments and upfront payment has been received in full as per the agreed terms.

  • After the payment or distribution to the holders of the Series A Preferred Stock of the full preferential amounts set forth in the immediately preceding sentence, the remaining assets available for distribution shall be distributed as a Shared Allocation.

  • The Board approved Year 2 in April 2019.Mr. Baughman provided a brief summary of Shared Allocation Pool program progress to date.

  • Funding:For infrastructure projects, up to the following percentages of eligible project costs may be considered for funding: Infrastructure ProjectsMaximum Percentage of Eligible CostAll Projects50%Publicly Accessible Projects60%Projects with Solar/Wind Power Systems165%Publicly Accessible Projects with Solar/Wind Systems175% The applicant acknowledges that award of cash incentives is conditional upon the approval of the FARMER Shared Allocation Pool Program Administrator and is not guaranteed.

  • Ms. Moore then described the Funding Agricultural Replacement Measures for Emission Reductions Program (FARMER), which the District administers for 18 air districts that are part of a Shared Allocation Pool (SAP).

  • Funding:For off‐road equipment projects, up to the following percentages of eligible project costs may be considered for funding: Off‐Road Equipment ProjectsMaximum Percentage of Eligible CostEngine Repowers(replacing an older engine with a new diesel, LSI, or zero‐emission engine) The applicant acknowledges that award of cash incentives is conditional upon the approval of the FARMER Shared Allocation Pool Program Administrator and is not guaranteed.

Related to Shared Allocation

  • 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).

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

  • 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.

  • 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).

  • 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.

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

  • 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.

  • 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:

  • Allocation has the meaning set forth in Section 3.3.

  • 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).

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

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

  • 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.

  • 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;

  • 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.

  • 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.

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

  • 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.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • 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.

  • Cost allocation plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows:

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

  • 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.

  • Pro Rata Allocation The allocation of the principal portion of Realized Losses to the Senior Certificates (other than the Class R and Class P Certificates), on the one hand, and the Class B Certificates, on the other hand, pro rata according to their respective aggregate Class Principal Balances, in reduction thereof in the manner provided in the succeeding paragraphs of this definition (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss shall first be allocated to the Class P Certificates, and the remainder of such loss shall be allocated as set forth above), and the allocation of the interest portion of Realized Losses to all Classes of Certificates (other than the Class R and Class P Certificates) pro rata according to the amount of interest accrued but unpaid on each such Class, in reduction thereof, and then to the Senior Certificates (other than the Class R, Class P and Class X Certificates), on the one hand, and the Class B Certificates, on the other hand, pro rata according to their respective aggregate Class Principal Balances, in reduction thereof in the manner provided in the succeeding paragraphs of this definition. The principal portion of a Realized Loss on any Mortgage Loan allocated to the Class A Certificates pursuant to this definition of "Pro Rata Allocation" shall be allocated in reduction of the respective Class Principal Balances of the Subgroup 1, Subgroup 2 and Subgroup 3 Certificates as follows:

  • 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.