Allowable Number definition
Examples of Allowable Number in a sentence
Company shall provide up to the Allowable Number (as defined below) of priority Lots to be processed at any one time [.
Take any action which would cause or result in the termination or revocation of the Company’s status as an “S corporation” under the Code, including but not limited to a transfer to: (A) any Person(s) if, upon completion of such transfer, the Company would have more than the Allowable Number of Stockholders or the Allowable Number of Record Holders; or (B) any Person that is not a Qualified Individual or a Qualified Entity.
The “Investor Allowable Number” shall be a number of shares equal to (A) the product of (x) ___% and (y) the Dilution Limit (as defined below) minus (B) _________shares; provided, however, that if the Investor Allowable Number would be less than 0 under this formula, then the Investor Allowable Number shall be deemed to be 0.
Subject to the terms and conditions hereinafter set forth, in the event the Company completes one or more Offerings within one year after October 9, 2010, the Investor is entitled, upon surrender of this Warrant, to purchase from the Company, a number of shares of Common Stock equal to the Investor Allowable Number (as defined below).
The “Investor Allowable Number” shall be a number of shares equal to (A) the product of (x) ___% and (y) the Dilution Limit (as defined below) minus (B) _________ shares; provided, however, that if the Investor Allowable Number would be less than 0 under this formula, then the Investor Allowable Number shall be deemed to be 0.
Subject to the terms and conditions hereinafter set forth, in the event the Company completes one or more Offerings within one year after the Grant Date, the Investor is entitled, upon surrender of this Warrant, to purchase from the Company, a number of shares of Common Stock equal to the Investor Allowable Number (as defined below).
Take any action which would cause or result in the termination or revocation of the Company’s status as an “S corporation” under the Code, including but not limited to a transfer to: (A) any Person(s) if, upon completion of such transfer, the Company would have more than the Allowable Number of Stockholders or the Allowable Number of Record Holders; or (B) any Person that i$ not a Qualified Individual or a Qualified Entity.
Public Works Vacation- Allowable Number of Employees Off The Partieshereby agree to the following: The number of time employees off for Annual vacation purposes shall be Civic Properties Janitors Waste Water Treat.