Unallocated Shares has the meaning given to it in paragraph 17.1 of the Implementation Plan.
Unallocated Shares has the meaning set forth in Section 11(c)(2)(B) of this Agreement.
Unallocated Shares means the shares of Company Common Stock that have not been allocated to the account of any participant in the ESOP as of the Effective Time.
Examples of Unallocated Shares in a sentence
The Stipulated Volumetric Limit Methodology is also part of the “Future GLIC Change Methodology” as defined in paragraph 7 below, and will be applied in future changes of Xxxxxxx-Xxxxxxxx System Water Rights represented by shares or rights except for Unallocated Shares.
More Definitions of Unallocated Shares
Unallocated Shares means, with respect to a Management Securityholder and an offering pursuant to Section 4.1 and 4.2, a number of Registrable Shares equal to the difference between (1) the lesser of (y) the Pro Rata Amount of Registrable Shares owned (or issuable upon a Cashless Exercise (pursuant to clause (a) of the definition thereof) of Options owned based on a Share price equal to the per Share price at which the MSCP Securityholders sold Shares in such offering) by such Management Securityholder at the 2004 Closing and (z) the number of Registrable Shares such Management Securityholder requested to include, and had a bona fide intent to sell, in such offering pursuant to Section 4.1 or 4.2 and (2) the number of Registrable Shares actually sold by such Management Securityholder in such offering, and
Unallocated Shares refers to those 36 rights in Lake Loveland and 20 shares in Seven Lakes owned by the Great Western Sugar Company during the Xxxxxxx Study Period, and 20 rights in Lake Loveland owned by Xxxxxx Ditch Company during the Xxxxxxx Study Period. The table attached as Exhibit C summarizes the characteristics, including certificate numbers from the Xxxxxxx Study Period, of the Unallocated Shares, for which the associated water rights have not been changed as of the date of this Agreement. Excluding the Unallocated Shares, the total numbers of outstanding shares or contract rights, as applicable, within each company are as follows: 1,672 GLIC shares (direct flow), 1,648 GLIC-Xxxx shares (storage), 244 Lake Loveland rights, and 380 Seven Lakes shares.
Unallocated Shares means Longs Drug Stores Stock acquired by the Trust Fund that has not been allocated to Accounts under the Plan.
Unallocated Shares means Shares included in the Trust Fund that are not held on behalf of a specified Participant.Otherwise, words and expressions in capitals that are not defined in this Deed have the meaning given in the Rules, unless the context requires otherwise.1.2 Interpretation In this Deed, the singular includes the plural and the plural includes the singular. References to any enactment or statutory requirement will be understood as references to that enactment or requirement as amended or re-enacted and they include any subordinate legislation made under it.2. Purpose and operation of the Trust2.1 Purpose of the Trust The Trustee will hold the Trust Fund on trust for the benefit of Participants in accordance with the Plan. 2.2 Trustee obligations The Trustee agrees to comply with its obligations under the Plan and Schedule 2, and will deal with all Plan Shares accordingly.2.3 Receipt of money or money’s worth If the Trustee receives any money or money's worth in respect of a Participant's Plan Shares, the Trustee will pay it over to the Participant as soon as practicable:2.3.1 unless it consists of new shares within the meaning of paragraph 87 of Schedule 2; 2.3.2 unless paragraphs 62 to 69 of Schedule 2 (Cash dividends and dividend shares) require otherwise;2.3.3 subject to the Trustee’s obligations under sections 510 – 514 of ITEPA (PAYE); and 2.3.4 subject to any PAYE obligation of the Trustee within the meaning of paragraph 99(1) of Schedule 2.2.4 Reliance on information The Trustee will, in the absence of manifest error, be able to rely without further enquiry on any information or documents provided by any Participating Company or any Participant to enable the Trustee to fulfil its obligations under this Deed and the Trustee will not be liable to any Participant or any Participating Company for any loss arising in consequence of the incompleteness or inaccuracy of that information or those documents.2.5 Share limits The Trustee may not hold or acquire more than 5% of the Shares in issue. 3. Trust Fund3.1 Initial contribution The Company has made a contribution to the Original Trustee for the purposes of establishing the Trust. 3.2 Further contributions Further contributions may be made to the Trust in any form. The Company will pay to the Trustee any sums required to acquire Shares in accordance with the Plan, including any associated costs.3.3 Forming the Trust Fund All contributions, together with any income arising from them and any assets in which they a...
Unallocated Shares means Shares which in accordance with the terms of the Resolution creating such shares have not been allocated to a Member; and
Unallocated Shares means those Trust Shares, if any, in respect of which the Units have been Forfeited, which Trust Shares are no longer linked to any Units allocated to Participants; and
Unallocated Shares means a number of shares equal to 10,000,000 minus the number of shares allocated to additional guarantors pursuant to the previous sentence.