Transfer Allotment definition

Transfer Allotment of any Tag-Along Stockholder with respect to any Tag-Along Sale shall mean the product of (i) the total number of Shares proposed to be Transferred in such Tag-Along Sale multiplied by (ii) a fraction, the numerator of which is the total number of Shares owned by such Tag-Along Stockholder as of the close of business on the second day immediately preceding the mailing date of the Transfer Notice and the denominator of which is the total number of Shares then owned by the Controlling Stockholders, the Investors, and all other stockholders of the Company having tag-along or other contractual rights to participate in the proposed Transfer.

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Transfer Allotment means the amount of permitted data transfer by Subscriber per month.

Transfer Allotment means, (i) with respect to P-1 Limited Partnership, P-2 Limited Partnership, P-3 Limited Partnership, and P-4 Limited Partnership, the portion of a Beneficial Owner's Beneficial Interest that may be Transferred after the Three-Year Date and prior to the Restriction Termination Date such that after taking into account such Transfer and all prior Transfers of Beneficial Interests and all Transfers of shares of Common Stock held by such Stockholder, no more than 45% (or such lesser amount as such Stockholder elects to permit its Beneficial Owners to transfer in its sole discretion) of the shares of Common Holdings Stockholders Agreement ------------------------------- 11 Stock initially acquired by such Stockholder will be deemed to have been Transferred for purposes of determining the direct or indirect ownership of such shares under Section 382 of the Code; and (ii) with respect to any other Stockholder (other than UBS Capital), the portion of a Beneficial Owner's Beneficial Interest that may be transferred prior to the Restriction Termination Date such that after taking into account such Transfer and all prior Transfers of Beneficial Interest and all Transfers of shares of Common Stock held by such Stockholder, no more than 45% (or such lesser amount as such Stockholder elects to permit its Beneficial Owners to transfer in its sole discretion) of the shares of Common Stock initially acquired by such Stockholder will be deemed to have been Transferred for purposes of determining the direct or indirect ownership of such shares under Section 382 of the Code. Each Stockholder shall determine the Transfer Allotments for its Beneficial Owners provided that the 45% limitation in the preceding sentence is satisfied at all relevant times.

Examples of Transfer Allotment in a sentence

The Tag-Along Notice shall set forth the number of shares of Company Stock that the Purchaser elects to include in the transfer, which shall not exceed such Purchaser's Transfer Allotment.
Subscriber’s Transfer Allotment shall not exceed Subscriber’s Max Transfer Allotment.
The Tag-Along Notice shall set forth the number of shares of Company Stock that such Tag-Along Purchaser elects to include in the transfer, which shall not exceed such Tag-Along Purchaser's Transfer Allotment.
Subscriber’s Max Transfer Allotment may be specified in Subscriber’s CP Order Form at the time of purchase.
The Tag-Along Notice shall set forth the number of Equity Shares that Sterling Commerce elects to include in the Transfer, which shall not exceed the Transfer Allotment; provided that the failure of Sterling Commerce to correctly specify a number of Equity Shares not exceeding the Transfer Allotment shall not affect the rights sterling Commerce may otherwise have under this Article 11D.
AND TO HOLD the demised premises unto the Lessee with effect from ______________ i.e. the date of the Transfer Allotment Order for a term of ___ years in the first instance.
The Tag-Along Notice shall set forth the number of shares of Stock that m3 or its successors or assigns elects to include in the transfer, which shall not exceed the Transfer Allotment.
Subscriber may request an increase in Subscriber’s Max Transfer Allotment by submitting a written request to Learning Objects.
M3 or its successors or assigns, with respect to the proposed transfers set forth in Section 3.1.1., shall have the right to transfer its Stock in the Company in proportion to the amount of Stock proposed to be transferred by Community Networks or its successors or assigns (the "Transfer Allotment"), at the same price and upon identical terms and conditions as such proposed transfer.
Learning Objects may, in Learning Objects sole discretion, allow reasonable overages for Subscriber’s Max Transfer Allotment..

More Definitions of Transfer Allotment

Transfer Allotment has the meaning set forth in Section 9.1.2. of this Agreement.

Transfer Allotment. Section 3.3(b)

Transfer Allotment means the product of (i) the total number of ------------------ Equity Shares proposed to be Transferred in such Tag-Along Sale multiplied by (ii) a fraction, the numerator of which is the total number of Equity Shares owned by Sterling Commerce and its Affiliates as of the close of business on the second day immediately preceding the mailing date of the Transfer Notice and the denominator of which is the total number of Equity Shares then owned by SCSL and Sterling Commerce and its Affiliates.

Transfer Allotment has the meaning set forth in Section 3.1.2 of this Agreement.