Allotted Number definition

Allotted Number means the amount by which (i) the product obtained when the number of rentable square feet in the Premises is multiplied by 3/1000 (rounded down to the nearest whole number) exceeds (ii) 10. Landlord shall be permitted to apply up to 45 parking spaces that are made available for Tenant’s use in the Commuter Lot (as hereinafter defined) at no cost to Tenant and on a nonexclusive basis towards Landlord’s satisfaction of the Allotted Number of parking spaces. Tenant acknowledges that Landlord has acquired title to the properties known as 3 and ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, which have been added to the Land and have become a part of the Real Property, and that Landlord may hereinafter acquire title to other property on Rowan Street in the immediate vicinity of the Building, which, upon such acquisition, shall also be added to the Land and become a part of the Real Property. Tenant shall have the exclusive use of all parking spaces on 3 and ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ and all parking spaces created on such other property as Landlord may hereinafter acquire on Rowan Street.”

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Allotted Number means, with respect to an individual Stockholder, that portion of the Offered Shares (excluding any fractional shares) equal to the product of (x) the quotient determined by dividing the number of Common Stock and Underlying Common Stock owned by such Stockholder by the aggregate number of Common Stock and Underlying Common Stock owned by all of the Stockholders other than the Transferring Stockholder and (y) the Offered Shares. Each of the Other Stockholders who do not wish to purchase such Stockholder's Allotted Number shall deliver a written notice of such election to the Transferring Stockholder and the other Stockholders within 14 days after the Offer Notice has been delivered to the Stockholders and the Company. Failure of an Other Stockholder to notify the Transferring Stockholder as provided herein shall be deemed to be an election by such Other Stockholder not to purchase such Other Stockholder's Allotted Number of Offered Shares.

Allotted Number. Keys: three (3) ; Building Access Cards: three (3) This Lease Agreement consists of 53 Articles on 23 pages, plus Exhibits A, B, C, D, F and 0 additional pages) of Addendum Initials Initials /s/ TES ------ -------- LESSOR LESSEE

Examples of Allotted Number in a sentence

• Except as herein expressly provided to the contrary, Tenant shall have the exclusive use of the Allotted Number (as hereinafter defined) of parking spaces on the surface of the Real Property (i.e., excluding the Basement Space) at all times after the restriping described in Paragraphs 14 and 15 hereof has been completed.

• Landlord shall be permitted to apply up to 45 parking spaces that are made available for Tenant’s use in the Commuter Lot (as hereinafter defined) at no cost to Tenant and on a nonexclusive basis towards Landlord’s satisfaction of the Allotted Number of parking spaces.

• Failure of an Other Stockholder to notify the Transferring Stockholder as provided herein shall be deemed to be an election by such Other Stockholder not to purchase such Other Stockholder's Allotted Number of Offered Shares.

• Each of the Other Stockholders who do not wish to purchase such Stockholder's Allotted Number shall deliver a written notice of such election to the Transferring Stockholder and the other Stockholders within 14 days after the Offer Notice has been delivered to the Stockholders and the Company.

• Lessor shall furnish Lessee, free of charge, the Allotted Number (per Item 14 of the Basic Lease Provisions) of keys for each corridor door entering the Leased Premises and (if applicable) the Allotted Number of building access cards if the Building has a regulated entry system.

• Upon the Commencement Date and Lessee’s completion of the appropriate Lessee information packet, Lessor shall furnish Lessee, free of charge, the Allotted Number (per Item 13 of the Basic Lease Provisions) of keys.