Shared Allocation definition

Shared Allocation means that the holders of Series Preferred Stock and Junior Stock shall share the remaining consideration to be paid by the acquiring corporation in such transaction in proportion to the number of shares held by each holder but, for this limited purpose, treating each holder of the Series Preferred Stock as if it held the number of shares of Common Stock issuable to it upon conversion of the Series Preferred Stock held by it in accordance with the conversion privilege set forth in Section 7 hereof.
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Shared Allocation means that the holders of Series D Preferred Stock, Priority Preferred Stock, the holders of Series A Preferred Stock and the holders of any other shares of any series or class of capital stock with participation rights (the “Other Participating Securities”) and Common Stock shall share the remaining assets of the Corporation available for distribution to its stockholders in the same proportion as the number of shares of outstanding Common Stock issuable upon the conversion of outstanding Series A Preferred Stock, Series D Preferred Stock, Priority Preferred Stock and Other Participating Securities then held by each such stockholder bears to the total number of shares of outstanding Common Stock plus the Common Stock issuable upon conversion of outstanding Series A Preferred Stock, Series D Preferred Stock, Priority Preferred Stock and Other Participating Securities.
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Shared Allocation means that the holders of Series B Preferred Stock and Common Stock shall share the remaining consideration to be paid by the acquiring Person in such transaction in the same proportion as the number of shares of outstanding Common Stock and Common Stock issuable upon the conversion of outstanding Series B Preferred Stock then held by each of them bears to the total number of shares of outstanding Common Stock and the total number of shares of Common Stock issuable upon conversion of all outstanding Series B Preferred Stock.
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Examples of Shared Allocation in a sentence

  • The administration of this shared pool of FARMER Program funding is described in Section 3.1.1 – Shared Allocation for Districts with Less than One Percent.

  • The applicant acknowledges that award of cash incentives is conditional upon the approval of the FARMER Shared Allocation Pool Program Administrator and is not guaranteed.

  • In August 2018, the Board authorized our District to implement the Year 1 Shared Allocation Pool portion of FARMER.

  • Further, if CLEC is the Primary Collocator in a New Shared Collocation arrangement, as a condition of ordering New Shared Allocation, CLEC shall require its Resident Collocator(s) to execute an agreement prior to the Delivery Date that, inter alia, requires such Resident Collocator(s)' compliance with the terms, conditions and restrictions relating to Collocation contained in this Agreement and designates SBC-13STATE as a third party beneficiary of such agreement.

  • The Board approved Year 2 in April 2019.Mr. Baughman provided a brief summary of Shared Allocation Pool program progress to date.

  • Please respect others’ right to privacy and right to use these changing rooms.

  • After the payment or distribution to the holders of the Series A Preferred Stock of the full preferential amounts set forth in the immediately preceding sentence, the remaining assets available for distribution shall be distributed as a Shared Allocation.

  • Ms. Moore then described the Funding Agricultural Replacement Measures for Emission Reductions Program (FARMER), which the District administers for 18 air districts that are part of a Shared Allocation Pool (SAP).

  • On 30 June 2018, the Company and CPIC P/C entered into the Contract on Shared Allocation 《( 共享分攤合同》), with estimated annual cost sharing not exceeding RMB700 million.

  • Funding:For off‐road equipment projects, up to the following percentages of eligible project costs may be considered for funding: Off‐Road Equipment ProjectsMaximum Percentage of Eligible CostEngine Repowers(replacing an older engine with a new diesel, LSI, or zero‐emission engine) The applicant acknowledges that award of cash incentives is conditional upon the approval of the FARMER Shared Allocation Pool Program Administrator and is not guaranteed.

Related to Shared Allocation

  • Required Allocations means (a) any limitation imposed on any allocation of Net Losses or Net Termination Losses under Section 6.1(b) or 6.1(c)(ii) and (b) any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), 6.1(d)(ii), 6.1(d)(iv), 6.1(d)(vii) or 6.1(d)(ix).

  • Final Allocation has the meaning set forth in Section 2.3.

  • Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).

  • Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period.

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Government guaranteed securities, which may be held without limit:

  • Allocation shall have the meaning set forth in Section 2.7.

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(xi).

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Authorized Allocation means an amount equivalent to $500,000 to be withdrawn from the Credit Account and deposited into the Special Account pursuant to paragraph 3 (a) of this Schedule.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Allocation Period means (a) the period commencing on February 10, 2016 and ending on December 31, 2016, (b) any subsequent period commencing on January 1 and ending on the following December 31, or (c) any portion of the period described in clause (a) or (b) for which the Partnership is required to allocate Net Profits, Net Losses, and other items of Partnership income, gain, loss or deduction pursuant to ARTICLE IV.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Carryover Allocation means an Allocation made to the Project if the Project will not be Placed in Service by close of the calendar year of the Allocation.

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows:

  • Loss Allocation Limitation As defined in Section 4.4(g).

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Pro Rata Allocation The allocation of the principal portion of Realized Losses to the Senior Certificates (other than the Class R and Class P Certificates), on the one hand, and the Class B Certificates, on the other hand, pro rata according to their respective aggregate Class Principal Balances, in reduction thereof in the manner provided in the succeeding paragraphs of this definition (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss shall first be allocated to the Class P Certificates, and the remainder of such loss shall be allocated as set forth above), and the allocation of the interest portion of Realized Losses to all Classes of Certificates (other than the Class R and Class P Certificates) pro rata according to the amount of interest accrued but unpaid on each such Class, in reduction thereof, and then to the Senior Certificates (other than the Class R, Class P and Class X Certificates), on the one hand, and the Class B Certificates, on the other hand, pro rata according to their respective aggregate Class Principal Balances, in reduction thereof in the manner provided in the succeeding paragraphs of this definition. The principal portion of a Realized Loss on any Mortgage Loan allocated to the Class A Certificates pursuant to this definition of "Pro Rata Allocation" shall be allocated in reduction of the respective Class Principal Balances of the Subgroup 1, Subgroup 2 and Subgroup 3 Certificates as follows: