Employee Reservation Portion definition

Employee Reservation Portion means the portion of such number Equity Shares as disclosed in the Offer Documents, which shall not exceed 5% of the post-Offer equity share capital of the Company, available for allocation to Eligible Employees, on a proportionate basis.
Sample 1
Employee Reservation Portion has the meaning ascribed to such term in the Offer Documents.
Sample 1Sample 2
Employee Reservation Portion means the portion of the Offer being such number of Equity Shares aggregating up to ₹ 200.00 million, available for allocation to Eligible Employees, on a proportionate basis. Such portion shall not exceed 5% of the post-Offer Equity Share capital of the Company;
Sample 1

Examples of Employee Reservation Portion in a sentence

  • If the Discount is applicable in the Offer, the RIIs and Retail Individual Shareholders and Employees Bidding in the Employee Reservation Portion (if any) should indicate the full Bid Amount in the Bid cum Application Form and the payment shall be blocked for the Bid Amount net of Discount.

  • Bidders applying under Retail Category, Retail Individual Shareholder and Employees under Employee Reservation Portion are only eligible for discount.

  • However, the initial Allotment to an Eligible Employee in the Employee Reservation Portion could not exceed ₹ 200,000.

  • The maximum bid Amount under the Employee Reservation Portion by an Eligible Employee could not exceed ₹ 500,000.

  • The Offer less Employee Reservation Portion is referred to as the Net Offer.

  • Any under subscription in the Equity Shares under the Employee Reservation Portion would be treated as part of the Net Issue.

  • In case of under subscription in the Net Issue, spill over to the extent of under subscription shall be permitted from the Employee Reservation Portion subject to the Net Issue constituting 10% of the post Issue capital of the Company.

  • However, the initial Allotment to an Eligible Employee in the Employee Reservation Portion could not exceed₹ 200,000.

  • Under subscription, if any, in the Employee Reservation Portion will be added back to the Net Issue Portion at the discretion of the BRLMs and the Company.

  • Any unsubscribed portion in Employee Reservation Portion shall be added to the Net Offer to the public.


More Definitions of Employee Reservation Portion

Employee Reservation Portion means the portion of the Offer available for allocation to Eligible Employees, on a proportionate basis.
Sample 1Sample 2
Employee Reservation Portion shall have the meaning given to such term in the Offer Documents; “Employee Discount” shall have the meaning given to such term in the Offer Documents;
Sample 1
Employee Reservation Portion means the portion of the Offer being up to 2,028,342 Equity Shares (constituting up to 0.50% of the post-Offer paid-up Equity Share capital) available for allocation to Eligible Employees, on a proportionate basis;
Sample 1
Employee Reservation Portion has the meaning ascribed to it in Recital (A) of this Agreement; “Encumbrances” has the meaning ascribed to it in Clause 3.8 of this Agreement;
Sample 1

Related to Employee Reservation Portion

  • Unfunded Benefit Liabilities means, with respect to any ERISA Plan at any time, the amount (if any) by which (i) the present value of all accrued benefits calculated on an accumulated benefit obligation basis and based upon the actuarial assumptions used for accounting purposes (i.e., those determined in accordance with FASB statement No. 35 and used in preparing the ERISA Plan’s financial statements) exceeds (ii) the fair market value of all ERISA Plan assets allocable to such benefits, determined as of the then most recent actuarial valuation report for such ERISA Plan.

  • Skilled Nursing Facility means an institution or part thereof that is licensed as a Skilled Nursing Facility by the State of Florida, and is accredited as a Skilled Nursing Facility by The Joint Commission or recognized as a Skilled Nursing Facility by the Secretary of Health and Human Services of the United States under Medicare.

  • Upper Limit means a specified maximum amount of costs which may be claimed under a Unit of Work, but which may be extended on application. An Upper Limit operates in the same way as a Costs Limitation;

  • Long-term inpatient care means inpatient services for

  • Service-disabled veteran-owned business means a service-disabled veteran-owned business located in the State of Tennessee that satisfies the criteria in Tenn. Code. Ann. § 12-3-1102(8). "Service-disabled veteran" means any person who served honorably in active duty in the armed forces of the United States with at least a twenty percent (20%) disability that is service-connected, i.e., the disability was incurred or aggravated in the line of duty in the active military, naval or air service.