Amount of the Benefit Sample Clauses

Amount of the Benefit. 3.1 Following a Distribution Event, the Executive, if fully vested, shall receive a monthly benefit payment in the form of 120 monthly installments of $8,333.33 each, with a total of payments of $1,000,000 (the "Benefit"). 3.2 Following a Distribution Event, the Executive, if not fully vested, shall receive a reduced monthly benefit payment in the form of 120 monthly installments. The amount of the monthly benefit payment is determined by the percent vested as indicated on the following table: Vesting Adjustment Monthly Benefit Payment Date Percent Vested to Executive Total of Payments ---- -------------- ------------ ----------------- 01/01/06 50% $4,166.67 $500,000 01/01/07 60% $5,000.00 $600,000 01/01/08 70% $5,833.33 $700,000 01/01/09 80% $6,666.67 $800,000 01/01/10 90% $7,500.00 $900,000 01/01/11 100% $8,333.33 1,000,000
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Amount of the Benefit. The Executive shall be entitled on his Target Distribution Date to payment of his vested Benefit in an amount equal to Five Hundred Sixty Thousand Dollars ($560,000), payable at the times and in the form described in Article VI.
Sample 1
Amount of the Benefit. The amount of the benefit under this Section 3.5 is one hundred percent (100%) of the Deferral Account, as determined on the date of the Change of Control. 8
Sample 1
Amount of the Benefit. 1. In 2022, the amount of the benefit is € 1,847 gross per month or such higher amount as determined in connection with statutory indexation based on the e arly-retirement threshold exemption fixed by the government. 2. The amount referred to in paragraph 1 applies for the full-time employee. For part-time employees, the amount is determined in proportion to the number of hours worked.
Sample 1
Amount of the Benefit. 4.2.1.1 On the Total and Permanent Disability of a Life Assured as set out in clause 4.2.3, at the conclusion of the Waiting Period, following admission of the claim by the Insurer, the Insurer shall pay to the Policyholder the Total and Permanent Disability Benefit as set out in Schedule 1 in respect of the Life Assured, based on the Life Assureds’ Salary at the Date of Disability. The Total and Permanent Disability Benefit may be subject to such overall maximum as may be advised by the Insurer from time to time. Payment of the Benefit will be dependent on the continued payment of premiums during the Waiting Period. 4.2.1.2 In the event of medical evidence being presented to the satisfaction of the Insurer that the Life Assured is terminally ill the Insurer will pay to the Life Assured the Death Benefit as soon as reasonably possible. 4.2.1.3 In the event of the Insurer applying its sole discretion in respect of Total and Permanent Disability claims and the Insurer accepting that the claim is valid, on admission of the claim by the Insurer, the Insurer shall waive the Waiting Period and pay to the Policyholder the Total and Permanent Disability Benefit as set out in Schedule 1 in respect of the Life Assured, based on the Life Assureds’ Salary at the Date of Disability. The Total and Permanent Disability Benefit may be subject to such overall maximum as may be advised by the Insurer from time to time. Payment of the Benefit will be dependent on the continued payment of premiums during the Waiting Period, unless the Insurer elects to pay the Benefit prior to the expiry of the Waiting Period in terms of this clause.
Sample 1
Amount of the Benefit. 3.1 Following a Distribution Event, the Executive, if fully vested, shall receive a monthly benefit payment in the form of 120 monthly installments of $10,041.67 each, with a total of payments of $1,205,000 (the “Benefit”). 3.2 Following a Distribution Event, the Executive, if not fully vested, shall receive a reduced monthly benefit payment in the form of 120 monthly installments. The amount of the monthly benefit payment is determined by the percent vested as indicated on the following table:
Sample 1
Amount of the Benefit. 3.1 Following a Distribution Event, the Executive, if fully vested, shall receive a monthly benefit payment in the form of 120 monthly installments of $6,541.67 each, with a total of payments of $785,000 (the “Benefit”). 3.2 Following a Distribution Event, the Executive, if not fully vested, shall receive a reduced monthly benefit payment in the form of 120 monthly installments. The amount of the monthly benefit payment is determined by the percent vested as indicated on the following table: 1/01/04 50 % $ 3,270.83 $ 392,500 1/01/05 60 % $ 3,925.00 $ 471,000 1/01/06 70 % $ 4,579.17 $ 549,500 1/01/07 80 % $ 5,233.33 $ 628,000 1/01/08 90 % $ 5,887.50 $ 706,500 1/01/09 100 % $ 6,541.67 $ 785,000
Sample 1
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Related to Amount of the Benefit

  • Amount of Fee The Website Hosting and Notice Fee shall be based on the number of Funds invested in by Contract Owners.

  • Amount of Rs ( ) (not exceeding 95% of the total consideration) to be paid to the Promoter on completion of the lifts, water pumps, electrical fittings, electro, mechanical and environment requirements, entrance lobby/s, plinth protection, paving of areas appertain and all other requirements as may be prescribed in the Agreement of sale of the building or wing in which the said Apartment is located.

  • Amount of Swing Line Loans Upon the satisfaction of the conditions precedent set forth in Section 4.2 and, if such Swing Line Loan is to be made on the date of the initial Credit Extension hereunder, the satisfaction of the conditions precedent set forth in Section 4.1 as well, from and including the Restatement Effective Date and prior to the Facility Termination Date, the Swing Line Lender agrees, on the terms and conditions set forth in this Agreement, to make Swing Line Loans in Dollars to the Borrower from time to time in an aggregate principal amount not to exceed the Swing Line Commitment, provided that (i) the Aggregate Outstanding Credit Exposure shall not at any time exceed the Aggregate Commitment and (ii) at no time shall the sum of (a) the Swing Line Loans then outstanding, plus (b) the outstanding Revolving Loans made by the Swing Line Lender pursuant to Section 2.1 (including its participation in any Facility LCs), exceed the Swing Line Lender’s Commitment at such time. Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow Swing Line Loans at any time prior to the Facility Termination Date.

  • Amount of Notes The aggregate principal amount of Notes which may be authenticated and delivered under this Indenture on the Issue Date is $3,140,000,000. The Issuers may from time to time after the Issue Date issue Additional Notes under this Indenture in an unlimited principal amount, so long as (i) the Incurrence of the Indebtedness represented by such Additional Notes is at such time permitted by Section 4.03 and (ii) such Additional Notes are issued in compliance with the other applicable provisions of this Indenture. With respect to any Additional Notes issued after the Issue Date (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.07, 2.08, 2.09, 3.08, 4.06(e), 4.08(c) or Appendix A), there shall be (a) established in or pursuant to a resolution of the Board of Directors of the Company and (b) (i) set forth or determined in the manner provided in an Officer’s Certificate or (ii) established in one or more indentures supplemental hereto, prior to the issuance of such Additional Notes: (1) the aggregate principal amount of such Additional Notes which may be authenticated and delivered under this Indenture; (2) the issue price and issuance date of such Additional Notes, including the date from which interest on such Additional Notes shall accrue; and (3) if applicable, that such Additional Notes shall be issuable in whole or in part in the form of one or more Global Notes and, in such case, the respective depositaries for such Global Notes, the form of any legend or legends which shall be borne by such Global Notes in addition to or in lieu of those set forth in Exhibit A hereto and any circumstances in addition to or in lieu of those set forth in Section 2.2 of Appendix A in which any such Global Note may be exchanged in whole or in part for Additional Notes registered, or any transfer of such Global Note in whole or in part may be registered, in the name or names of Persons other than the depositary for such Global Note or a nominee thereof. If any of the terms of any Additional Notes are established by action taken pursuant to a resolution of the Board of Directors, a copy of an appropriate record of such action shall be certified by the Secretary or any Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate or an indenture supplemental hereto setting forth the terms of the Additional Notes. The Initial Notes and any Additional Notes may, at the Issuers’ option, be treated as a single class for all purposes under this Indenture, including, without limitation, waivers, amendments, redemptions and offers to purchase; provided that if the Additional Notes are not fungible with the Initial Notes for U.S. federal income tax purposes, the Additional Notes will have a separate CUSIP number, if applicable.

  • Amount of Leave Eligible employees are entitled to a total of 12 workweeks of unpaid leave during any 12-month period. As of January 2008, FMLA was amended to include a special leave entitlement that permits eligible employees to take up to 26 weeks of unpaid leave to care for a covered servicemember during a single 12-month period. No more than 26 workweeks of leave may be taken within any single 12-month period.

  • Amount of facility Subject to the other provisions of this Agreement, the Lenders shall make available to the Borrower a senior secured post-delivery term loan facility of up to $460,000,000, in two Advances, for the purpose stated in the preamble to this Agreement.

  • Amount of Credit Any reference herein to the amount of credit outstanding means, at any particular time: (a) in the case of a Canadian Prime Rate Loan or CDOR Loan, the Dollar Equivalent of the principal amount thereof; and (b) in the case of a LIBOR Loan or U.S. Base Rate Loan, the principal amount of such Loan.

  • Principal Amount The limit upon the aggregate principal amount of the Notes which may be authenticated and delivered under the Indenture (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of other Notes pursuant to Sections 3.4, 3.5, 3.6, 8.6 or 10.7 of the Base Indenture or Section 2.08 of this Thirty-Third Supplemental Indenture and except (i) for any Notes which, pursuant to Section 3.3 of the Base Indenture, are deemed never to have been authenticated and delivered thereunder and (ii) as provided in the last sentence of Section 3.1(c) of the Base Indenture) is $750,000,000. The Company may from time to time, without notice to, or the consent of, the Holders of the Notes increase the principal amount of the Notes, on the same terms and conditions (except for the issue date, the public offering price and, in some cases, the first interest payment date and the initial interest accrual date); provided that if any additional Notes are issued at a price that causes them to have “original issue discount” within the meaning of the Internal Revenue Code of 1986, as amended, and the regulations thereunder, such additional Notes shall not have the same CUSIP Number as the original Notes. The Notes shall be initially issued on the date hereof and thereafter upon any reopening of the series of which the Notes are a part.

  • Amount of Sick Leave Employees shall be granted sick leave on the basis of one and one-half (1 1/2) days per month of service in a continuing appointment, at the F.T.E. of current appointment. If in any one year employees have not used their sick leave, or only a portion thereof, it shall accrue to their credit for future use and benefits.

  • Determination of Amount Outstanding On each Quarterly Date and, in addition, promptly upon the receipt by the Administrative Agent of a Currency Valuation Notice (as defined below), the Administrative Agent shall determine the aggregate Revolving Multicurrency Credit Exposure. For the purpose of this determination, the outstanding principal amount of any Loan that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount in the Foreign Currency of such Loan, determined as of such Quarterly Date or, in the case of a Currency Valuation Notice received by the Administrative Agent prior to 11:00 a.m., New York City time, on a Business Day, on such Business Day or, in the case of a Currency Valuation Notice otherwise received, on the first Business Day after such Currency Valuation Notice is received. Upon making such determination, the Administrative Agent shall promptly notify the Multicurrency Lenders and the Borrower thereof.

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