Allocation Notice definition

Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

Allocation Notice means a notice, substantially in the form of Exhibit A, furnished to the Administrative Agent by or on behalf of each Borrower setting forth, as of the date of such notice, the manner of allocation of liability for amounts that shall become due and payable by the Borrowers under this Agreement other than principal and interest in respect of Loans. The allocation of liability among the Borrowers as set forth in an Allocation Notice shall be effective from the date of receipt thereof by the Administrative Agent until a later dated Allocation Notice is delivered to the Administrative Agent.

Allocation Notice means the notice that the Recipient received from the Province setting out the amount of Funds the Recipient is eligible to receive from the Province for the Funding Year in which the notice was issued. The “Allocation Notice” also includes the proposed allocation of Funds that the Recipient is eligible to receive for the following two Funding Years (although these proposed allocations are subject to change).

Examples of Allocation Notice in a sentence

• The Allocation Notice will set out the Recipient’s Annual Funding Allocation for the Program Year, based on the Recipient’s performance against its housing target in the relevant Performance Year, which will be calculated in accordance with the formula set out in Schedule “G”.

• In the event that the Province issues a Revised Allocation Notice for a given Program Year, the Revised Allocation Notice will revoke and replace the Allocation Notice for which the Revised Allocation Notice was issued.

• If, after the Recipient has received an Allocation Notice for a given Program Year, the Province revises its assessment of the Recipient’s performance against its housing target in the relevant Performance Year, the Province may issue a Revised Allocation Notice to the Recipient for that Program Year.

• For each Program Year in which the Recipient is eligible for the Program, the Recipient will receive an Allocation Notice from the Province.

More Definitions of Allocation Notice

Allocation Notice means a notice, substantially in the form of Exhibit 2.14, furnished to the Agent by or on behalf of each Borrower, setting forth, as of the date of such notice, the manner of allocation of liability for amounts that shall become due and payable by the Borrowers under the Credit Documents (other than commitment fees, principal and interest in respect of Loans, expenses allocable specifically to one Borrower hereunder, indemnities allocable to one Borrower in accordance with the terms and conditions hereof or Taxes or Other Taxes allocated to a particular Borrower and arrangement and agency fees).

Allocation Notice means a written communication submitted to each Lender by the Lead Arranger prior to the date hereof, setting forth the allocated Commitment of each Lender as of the Effective Date.

Allocation Notice shall have the meaning given to such term in the definition of "Allocated Interest."

Allocation Notice means a notice, substantially in the form of Exhibit D attached hereto, furnished to the Operations Agent by or on behalf of each Borrower, setting forth, as of the date of such notice, the manner of allocation of liability for amounts that shall become due and payable by the Borrowers under this Agreement and the other Loan Documents other than principal and interest in respect of the Loans. The allocation of liability among the Borrowers as set forth in an Allocation Notice shall be effective from the date of receipt thereof by the Operations Agent until a later-dated Allocation Notice is delivered to the Operations Agent.

Allocation Notice has the meaning assigned to such term in Section 2.3(b).

Allocation Notice has the meaning ascribed to it in Section 11.4.4.

Allocation Notice has the meaning set forth in Section 10.7(a).