Initial Allocation. Each State, Puerto Rico, and the District of Columbia shall have the right under this State Trust Agreement, upon becoming a Beneficiary pursuant to Section IV (State Mitigation Trust Beneficiaries), to request its share of Eligible Mitigation Action funds in accordance with the weighted average allocation rates set forth in Appendix D-1B (“Initial Allocation Rates”).
Initial Allocation. Initially, and continuing until the earlier of (i) such time as the Company designates and utilizes the services of an Other Advisor (as such term is hereinafter defined) in connection with the Commodities trading activities of the Company, or (ii) such time as this Agreement is terminated in accordance with its terms, the Allocated Assets will total an amount equal to substantially all of the assets of the Company, including all cash and cash equivalents held by the Company reduced by all liabilities of the Company. The Administrator and the Company shall ensure that the trading asset level of the Company’s account managed by the Advisor is at all times fully funded, and is at no time notionally funded. Furthermore, at all times during the term of this Agreement, the Administrator shall ensure that each of the Members commits to the Company for inclusion as Allocated Assets all or substantially all of the assets allocated to the Advisor within any series of such Member on behalf of which series such Member has acquired an interest in the Company.
Initial Allocation. Each Fund involved in an insured loss which involves another Fund shall receive a portion of the proceeds from the Bond equal to the lesser of (i) the amount of that Fund’s loss or (ii) an amount equal to the product of the Bond Amount multiplied by that Fund’s Loss Percentage, which initial allocation assures that each Fund shall receive the full amount of its loss up to the amount of its Basic Coverage.
Initial Allocation. Such damages or other sums recovered shall first be applied to reimburse each Party for all of the costs and expenses it incurred in connection with such action, and if such recovery is insufficient to cover all such costs and expenses of both Parties, it shall be shared in proportion to the total of such costs and expenses incurred by each Party; and
Initial Allocation. During the first year of operations under this Appendix, the Tribe shall be entitled to an allocation and operation of 425 Player Terminals ("Allocation").
Initial Allocation. For purposes of allocating the proceeds of coverage among the Parties, the following procedures shall be followed: Each Party involved in an insured loss during a Policy year shall receive a portion of the proceeds (in all cases, after application of any deductible), equal to the lesser of (i) the amount of that Party’s insured loss, or (ii) an amount equal to the product of the limits multiplied by a fraction, the numerator of which is one, and the denominator of which is: (A) four, for each of EquiTrust Investment Management Services, Inc. and EquiTrust Marketing Services, LLC; (B) five, for each of EquiTrust Series Fund, Inc. and EquiTrust Variable Insurance Series Fund; and (C) ten, for EquiTrust Money Market Fund, Inc.
Initial Allocation. The DIP Fund Award will be deemed invested in the notional investments selected by the Grantee pursuant to online elections through the Company Plan administrative system or as otherwise provided by the Company. In connection with the Grantee’s first election form submitted under the Company Plan, the Grantee shall specify in one (1) percent increments how the amounts in the Grantee’s Account with respect to the DIP Fund Award are to be notionally invested in one or more of the investment options offered for notional investment; provided however all such elections must meet the applicable prospectus requirements. In the event the Grantee does not make an election within the period notified to the Grantee, the Grantee shall be deemed to have directed that the undesignated portion of the Grantee’s Account be notionally invested in a money market notional investment option offered under the Company Plan or notionally invested in such other fund or funds as the Committee determines in its discretion.
Initial Allocation. A Plan Share Award shall be allocated to each Non-employee Director as of the hour and day on which Common Stock is initially sold in the Offering. Specifically, each Non-employee Director shall receive a Plan Share Award for the number of whole shares of Common Stock determined by multiplying the number of shares of Common Stock which may be issued pursuant to this Plan by 90% and dividing such product by the number of Non-employee Directors at such time.
Initial Allocation. For purposes of allocating the proceeds of coverage among the Parties, the following procedures shall be followed: Each Party involved in an insured loss during a Policy year shall receive a portion of the proceeds (in all cases, after application of any deductible), equal to the lesser of (i) the amount of that Party’s insured loss, or (ii) an amount equal to the product of the limits multiplied by a fraction, the numerator of which is one, and the denominator of which is: (A) two, for EquiTrust Investment Management Services, Inc.; (B) five, for each of EquiTrust Series Fund, Inc. and EquiTrust Variable Insurance Series Fund; and (C) ten, for EquiTrust Money Market Fund, Inc.
Initial Allocation. Initially, the Series F Allocated Assets will total an amount equal to the assets of the Trust allocable to the Series F Interests, including all cash and cash equivalents held by the Trust in respect of such Interests reduced by all liabilities of the Trust incurred specifically in respect of the Series F Interests and further reduced by a pro-rata share of the total liabilities of the Trust which are not otherwise specifically allocable to another Series of Interests, at the conclusion of the Trust's Initial Offering Period (as described in the Prospectus).
