Calculation of Incentive. Payments For purposes of this Exhibit, the following terms will have the meanings set forth below: “Facility” means, for purposes of this Exhibit, a hospital or similar healthcare facility of an Eligible Recipient. “Balance Sheet Incentive Payment” means, with respect to any Facility for any Measurement Period, an amount equal to the product of: (i) the Cash Collections of such Facility for such Measurement Period, multiplied by (ii) [**], further multiplied by (iii) the Balance Sheet Aggregate Weighted Score (as defined in Section 6 below) for such Facility for such Measurement Period. “Income Statement Incentive Payment” means, with respect to any Facility for any Measurement Period, an amount equal to the product of: (i) the Cash Collections of such Facility for such Measurement Period, multiplied by (ii) [**], further multiplied by (iii) the Income Statement Aggregate Weighted Score (as defined in Section 6 below) for such Facility for such Measurement Period. [**] Indicates that text has been omitted which is the subject of a confidential treatment request. The text has been separately filed with the Securities and Exchange Commission.
Calculation of Incentive. PAYMENTS -------------------------------- Amount of incentive compensation realized by MCG Finance Corporation during month is multiplied by 30% to arrive at the amount of incentive compensation due to MCG Credit Corporation. Incentive compensation is defined as all gains from warrants and equity positions in a borrower. COLLATERAL ASSIGNMENT OF MANAGEMENT, UNDERWRITING ------------------------------------------------ AND SERVICING AGREEMENT ----------------------- This Collateral Assignment of Management, Underwriting and Servicing Agreement (this "Agreement") is made this 24th day of June, 1998 by MCG Finance Corporation, a Delaware corporation ("Assignor") for the benefit of Xxxxxx Financial, Inc., a Delaware corporation, as Agent (as defined in the Credit Agreement described below) ("Assignee"). Assignor has entered into a Credit Agreement of even date herewith (as the same may hereafter be amended, restated, supplemented or otherwise modified from time to time, the "Credit Agreement") with the Lenders and Assignee, for the benefit of Assignee and all Lenders thereunder, providing for extensions of credit and other financial accommodations to be made to Assignor by Assignee and Lenders for the purposes of acquiring and financing loans constituting the Media Portfolio. All capitalized terms used but not otherwise defined herein shall have the meaning given such terms in the Credit Agreement. Assignor is a wholly owned special purpose subsidiary of MCG Credit Corporation, a Delaware corporation ("Credit Co."). Credit Co. was formed for the purpose of, among other things, originating and servicing the loans constituting the Media Portfolio. Accordingly, Assignor and Credit Co. have entered into a certain Management, Underwriting and Servicing Agreement dated as of June 24, 1998 (as amended from time to time, the "Management Agreement"), pursuant to which Credit Co. shall administer, manage and service the Media Portfolio in accordance with the Management Agreement. It is a condition precedent to the obligations of Agent and the Lenders under the Credit Agreement that Assignor shall have made collateral assignments contemplated by this Agreement.
Calculation of Incentive. The incentive shall be calculated as follows: w i t h each year's incentive to increase by the same percentage as any negotiated salary grid increase i n the year of application.
Calculation of Incentive. This Agreement is limited to the Application. The estimated amount of the Incentive, as set forth in the Claim Form, is based upon (i) a percentage of project cost or (ii) a dollar amount per estimated annual natural gas therms saved, whichever is lower, up to a maximum of $1,000,000 per Premise, per year. Premise is defined by Southern California Gas Company Tariff, Rule No. 1, “Definitions”. Project costs may include equipment, materials, freight, contractor labor,, associated costs directly required for installation of the energy efficiency equipment and is subject to modification by SoCalGas, at its sole discretion. The precise amount of the Incentive is subject to adjustments by SoCalGas, at its sole discretion, in accordance with Section 3.4 below. SoCalGas’ determination of the amount of the Incentive is final, and Customer agrees to accept this determination. The maximum amount of the Incentive is $1,000,000 per, premise, per year.
Calculation of Incentive. Fourteen thousand six hundred forty six dollars ($14,646) plus sixty ($60.00) dollars per day for each accumulated, but unused sick day up to a maximum of one hundred twenty-five (125) unused sick days for teachers, guidance counselors, speech therapists, occupational therapists and psychologists. Three thousand six hundred sixty one dollars ($3,661) plus fifteen dollars ($15.00) per day for each accumulated, but unused sick days up to a maximum of one hundred twenty-five (125) unused days for teaching assistants and school nurses. The incentive payment shall be made as a 403-b employer contribution in the month of July immediately following retirement. The District shall establish a 403-b plan, which shall include appropriate indemnifications. The common remitter for the 403-b distributions will be mutually determined by both the Association and the District. Notwithstanding §209-a.1.(e) or any other provision of the Xxxxxx Law, this retirement incentive shall fully expire on June 30, 2012 and the District’s failure to continue the incentive after that date shall not constitute an improper labor practice.
