Allocated Amount Defined Clause Samples
Allocated Amount Defined. For the purposes of Section 5.2(a), ------------------------ the term "Allocated Amount" shall mean, with respect to each Accepting Holder ---------------- and the C&D Offeree (collectively, the "Participants") in a C&D Sale, the aggregate amount of the Offered Securities in such C&D Sale allocated to such Participant in a series of calculations (each, an "Allocation Calculation") as ---------------------- follows: first, each Participant shall be allocated an amount of the Offered Securities in such C&D Sale equal to the lesser of (a) such Participant's - Subscribed Amount of such Offered Securities and (b) such Participant's - Proportionate First Share of such Offered Securities; thereafter, in each subsequent Allocation Calculation for such C&D Sale, each Participant whose Subscribed Amount of such Offered Securities exceeds the aggregate amount of Offered Securities allocated to such Participant in prior Allocation Calculations in respect of such C&D Sale shall be allocated an additional amount of Offered Securities equal to the lesser of (i) such Participant's - Proportionate Subsequent Share of such Offered Securities and (ii) the excess of -- such Participant's Subscribed Amount of such Offered Securities over the aggregate amount of Offered Securities allocated to such Participant in all prior Allocation Calculations in respect of such C&D Sale. For the purposes of this Section 5.2(a), the term "Proportionate First Share" shall ------------------------- mean, with respect to each Participant in a C&D Sale, an amount of the Offered Securities in such C&D Sale that is equal to the product of (a) the quotient - determined by dividing (i) the percentage of the outstanding Common Stock (on a - fully diluted basis) held by such Participant by (ii) the aggregate percentage -- of the outstanding Common Stock (on a fully diluted basis) held by all Participants in such C&D Sale and (b) the aggregate amount of such Offered - Securities. For the purposes of this Section 5.2(b), the term "Proportionate ------------- Subsequent Share" shall mean, with respect to each Participant in a C&D Sale ---------------- being allocated a Proportionate Subsequent Share of Offered Securities in an Allocation Calculation for such C&D Sale, an amount of the Offered Securities in such C&D Sale equal to the product of (a) the quotient determined by dividing - (i) the percentage of the outstanding Common Stock (on a fully diluted basis) - held by such Participant by (ii) the aggr...
Allocated Amount Defined. For the purposes of Section 5.2(a), the term "Allocated Amount" shall mean, with respect to each Accepting Holder and the Additional Offeree (collectively, the "Participants") in an Additional Sale, the aggregate amount of the Offered Securities in such Additional Sale allocated to such Participant in a series of calculations (each, an "Allocation Calculation") as follows: first, each Participant shall be allocated an amount of the Offered Securities in such Additional Sale equal to the
