Full Allotment definition

Full Allotment shall have the meaning set forth in Section 3.3(a)(ii).

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Full Allotment has the meaning set forth in Section 3.3(a)(ii).

Full Allotment means that the central bank is ready to provide unlimited liquidity, a pre-condition for controlling markets, as note above. Indeed, the amounts (€ 1 tr.) of liquidity injections turned out to be of a different order of magnitude from those of the previous interventions. The markets were impressed, but only for a while. By mid 2012, the crisis was back and still spreading. Why did LTRO at full allotments fail to durably quiet the markets down? A first reason is that unlimited interventions by central banks can only achieve the stated intentions. The ECB indicated that LTRO were aimed at supporting bank lending. Because it carefully avoided referring to public bond turmoil, the ECB interventions could not see the debt crisis away. A second reason is that, in contrast to the Quantitative Easing (QE) operations conducted in the US and the UK, the amounts injected were determined by commercial bank demand, not by ECB supply. Was it a technical mistake? An alternative interpretation is that the ECB was concerned by the implied (temporary) large-scale acquisition of government bonds, which was frowned upon by a number of non-crisis member countries. If so, it would be an instance of curtailed independence.

Examples of Full Allotment in a sentence

Any Investor Offeree may accept the Second Offer in whole or in part and purchase up to its Pro Rata Amount (based on the aggregate number of Class A Units, Class B Units, Class C Units and Fully Participating Units held by all Investor Offerees) of all Second Offered Units (with respect to each Investor Offeree, its "Full Allotment") by delivering to the Offeror a notice (the "Member Acceptance") in writing within ten (10) Business Days of its receipt of the Second Offer (the "Acceptance Period").
Each Rights Holder purchasing its Full Allotment may also accept the First Offer and purchase its Pro Rata Amount (based on the number of Shares held by all Rights Holders purchasing their Full Allotments) of any Shares not so purchased.
Each Investor Offeree purchasing its Full Allotment may also offer to purchase its Pro Rata Amount (based on the aggregate number of Class A Units, Class B Units, Class C Units and Fully Participating Units held by all Investor Offerees purchasing their Full Allotments) of any Second Offered Units not so purchased by any other Investor Offeree.
Each Series G Investor, each Series F Investor and each Series E Investor purchasing its Series E/F/G Full Allotment may also purchase its Pro Rata Amount (based on the number of Shares held by all Series G Investors, Series F Investors and Series E Investors) of any Shares not so purchased.
The right of each Subscription Right Investor to purchase Proposed Securities in excess of its Full Allotment shall be apportioned based on the relative Full Allotments of those Subscription Right Investors desiring Over-Allotment Amounts (as indicated in such irrevocable written notice).
Each Right Holder purchasing its Full Allotment may also accept the First Offer and purchase his, her or its Pro Rata Amount of any remaining shares not so purchased by the other Right Holders.
If the Rights Holders do not elect to purchase all of the Offered Shares, the Corporation shall then have the right or option, for a period of ten (10) days after the expiration of the 10-day period above to accept in writing all or any of the Offered Shares not accepted by the Rights Holders (with respect to the Corporation, its "Full Allotment") at the purchase price and on the terms stated in the First Offer.
The right of each Preemptive Right Investor to purchase Proposed Securities in excess of its Full Allotment shall be apportioned based on the relative Full Allotments of those Preemptive Right Investors desiring Over-Allotment Amounts (as indicated in such irrevocable written notice).
Any Rights Holder may accept the First Offer and purchase its Pro Rata Amount (based on the number of Shares held by all Rights Holders (other than the First Offeror)) of all Offered Shares (with respect to each Rights Holder, its "Full Allotment") by delivering to the First Offeror a notice (the "Acceptance Notice") in writing within such ten day period.

More Definitions of Full Allotment

Full Allotment has the meaning set forth in Section 5.3(b).