Common use of Allocation Amount Clause in Contracts

Allocation Amount. Each Share shall have an allocation amount (the ----------------- "Allocation Amount") for the purposes of liquidation priority and dividends which shall be determined from time to time by (i) obtaining the sum of Fifteen Million Dollars ($15,000,000) plus the amount of any dividends on Preferred Stock not declared for payment by the Company, as provided in Section 5, and (ii) dividing such sum by the number of Shares then outstanding.