Appropriation Date definition
Examples of Appropriation Date in a sentence
If any part of the Premises is Appropriated, this Lease shall automatically terminate as to the portion of the Premises so Appropriated as of the Appropriation Date whether or not this Lease is terminated pursuant to Section 21.1 above.
An Eligible Employee shall not be entitled to an Appropriation of Scheme Shares unless he has completed a contract in respect of the relevant Appropriation Date.
Subject to Rule 24.12 on the Matching Shares Appropriation Date the Trustee shall Appropriate to each Participant Matching Shares in accordance with the ratio set out under the Contributory Shares Agreement in relation to the number of Contributory Shares acquired on that date on behalf of the Participant in accordance with Rule 12.1 or 12.2.
If the Financial Times shall not be published for that day then the United Kingdom sterling equivalent shall be ascertained at the rate of exchange ruling in London at or about 11.00 am on the Working Day immediately preceding the Appropriation Date.
Where the Directors exercise their discretion under Rule 15.1 then in addition to the requirements set out in Rule 10.5 each Contributory Shares Agreement shall state: 15.2.1 the Matching Shares Appropriation Date (which shall be the same as the Contributory Shares Acquisition Date); 15.
Any such termination shall be exercised during the sixty (60) day period commencing on the Appropriation Date by giving at least thirty (30) days' notice to the other party.
Each Eligible Employee may increase his Entitlement by an amount equal to a maximum of 7.5 % of his basic gross salary, by giving appropriate instructions to the Company no later than the date he submits a contract of participation in respect of each relevant Appropriation Date.
Their Market Value on the Appropriation Date is [ ] per share.] The Holding Period in respect of these shares is [ ] years.
On the expected Free Shares Appropriation Date, the Trustee shall Appropriate to each Participant the number of Free Shares notified to the Trustee under Rule 7.1.
Any such termination shall be exercised during the sixty (60) day period commencing on the Appropriation Date by giving at least thirty (30) days’ notice to the other party.