Sentence examples for the share allocations from inspiring English sources

Maintenance payments are based on the number of shares allocated to each apartment, he said, and the share allocations were made when the co-op was formed by the sponsor.

When I asked the managing agent about this, he said the share allocations (which determine maintenance charges) were based upon an appraisal performed decades ago when the building was converted to a co-op.

Trading began here despite an embarrassing mix-up that caused the share allocations to be misprinted in the newspapers on Wednesday morning, although the correct allocations were posted on the Web site of the Hong Kong Exchange, the local stock market.

He wants the return of all profits from the share allocations, as well as the $1.7 billion these men apparently got from selling shares in their own companies.The bulk of the complaint, however, has nothing to do with these deals, and everything to do with how Citigroup managed its investment research, described by the head of the bank's retail sales as "basically worthless".

193392 Bernard Ebbers WorldCom The lawsuit alleges the share allocations violate New York's Martin Act, which allows Spitzer to go after fraud without having to prove that the firms willfully committed wrong, because the underwriting ties weren't disclosed.

The co-op board says the share allocation, assigned by the builder in the late 1940s, cannot be altered.

"But there is no requirement that the share allocation be changed if market conditions change, and it would be both divisive and impractical to do so since reducing one shareholder's allocation will necessarily increase another's".

If this is already a functioning co-op, however, the sponsor does not have the right to change the share allocation, and the board of directors may not be willing to do so.JAY ROMANO.

Mr. Buck said that for sales that occurred after 1983 in buildings that contain more than 12 apartments, a buyer should receive a "resale disclosure" statement that contains information about the apartment, including the share allocation.

The court ruled that the board's refusal to correct the situation was in "bad faith" because reducing the share allocation would result in increased maintenance costs for all other shareholders, including board members.

Do I have any legal right to have the share allocation revised?... P. McGinnis, Norwalk, Conn .A. Gurdon Buck, a Hartford co-op and condominium lawyer, said that since the letter writer's co-op was organized in the 1950's, the allocation of shares was made by the original sponsor.