Monthly Allotment definition
Monthly Allotment means the Annual Allotment divided by the number of months in the applicable Annual Period.
Monthly Allotment means, with respect to this Note and the Other Notes, a number of shares of Common Stock equal to the number set forth below opposite the number of this Note and each Other Note: Note No. Monthly Allotment 1 110,272 2 65,740 3 65,706 4 42,682 5 7,174 6 8,427 ; provided, however, that from and after the date of redemption or repurchase, if any, of Note No. 4, the amount of the Monthly Allotment for all of this Note and the Other Notes that remain outstanding after such redemption or repurchase shall be increased by reallocating the Monthly Allotment allocated to Note No. 4 pro rata based on the ratio of the Monthly Allotment of each such instrument then outstanding to the Monthly Allotment of all such instruments then outstanding.
Monthly Allotment means _____ Shares per calendar month commencing with the first calendar month following the Effective Time, subject to increase as contemplated by Section 3 hereof.
Examples of Monthly Allotment in a sentence
Customer will be provided a Monthly Allotment for use in each month of the applicable Annual Period.
More Definitions of Monthly Allotment
Monthly Allotment means 9,417 Shares per calendar month commencing with the first calendar month following the Effective Time, subject to increase as contemplated by Section 3 hereof.
Monthly Allotment means the following with respect to each Note: Note Monthly Allotment ---- 1 110,272 2 65,740 3 65,706 4 42,682 5 7,174 6 8,427