Certain Cash Payments Sample Clauses
Certain Cash Payments. In connection with any payment made by WCAS X Blocker with respect to the Notes (a “Note Payment”), the Company shall make, or shall cause WCAS X Blocker to make, an aggregate cash payment to the Holders in an amount equal to the product of (a) the difference of (i) the aggregate amount of cash distributions made by PPH to the holders of the Specified Preferred C Units (as defined in the PPH LLC Agreement) from the date of the issuance thereof through and including the date of the Note Payment to which Section 4.1(c) of the PPH LLC Agreement would have applied, but, for this purpose only and without duplication, treating amounts received in cash by WCAS X and WCASM on the Notes as amounts distributed by PPH with respect to the Specified Preferred C Units, minus (ii) $56,000,000.00, multiplied by (b) .027. Amounts paid to the Holders pursuant to this Section 2 shall be deemed to have been paid to WCAS X and WCASM or their respective successors with respect to the Notes such that the aggregate amount paid to WCAS X and WCASM or their respective successors with respect to the Notes and to the Holders pursuant to this Section 2 will equal the aggregate amount that would otherwise have been paid to WCAS X and WCASM or their respective successors with respect to the Notes. WCAS X and WCASM each hereby on its own behalf and for its successors consents to such payments under this Section 2 and agrees that any amounts paid to the Holders as provided above with respect to the Notes shall be deemed to have been paid to WCAS X and WCASM, as applicable, with respect to the Notes. Payments made to the Holders pursuant to this Section 2 shall be allocated between the Holders based on their pro rata share of the total outstanding Preferred B Units immediately prior to giving effect to this Agreement.
Certain Cash Payments. (i) The Employee will receive a cash severance payment in an amount equal to [two/one-and-a-half/one]1 times the sum of (1) the Base Salary and (2) the Target Bonus.
(ii) The Employee will receive a pro-rata cash Bonus for the fiscal year in which the Termination Date occurs, calculated by multiplying the Target Bonus by a fraction, the numerator of which is the number of days between the beginning of the fiscal year and the Termination Date and the denominator of which is 365.
(iii) If, as of the Termination Date, the Company has not yet paid to the Employee a Bonus with respect to a completed fiscal year, the Employee will receive a cash payment equal to, as applicable, (1) if the Company has already determined the amount of such Bonus, the greater of that amount or the Target Bonus or (2) if the Company has not yet determined the amount of such Bonus, the greater of the Target Bonus or the amount that the Employee would have earned with respect to such completed fiscal year based on actual performance of any objective performance criteria but assuming target performance on any subjective performance criteria.
1 Multiple of 2 for CEO, 1.5 for all EVPs, 1 for all other covered officers.
(iv) Subject to Section 5.11 (including any six-month payment delay imposed by Code Section 409A) and any deferral elections by the Employee for a given fiscal year that apply to a Bonus payable to him or her under subsection (ii) or (iii), any cash payments due to the Employee under this Section 3.2(a) will be paid to him or her within five business days of the Termination Date.
Certain Cash Payments. On the Closing Date, Mega Force shall pay to the Hami▇▇▇▇-▇▇▇▇▇ ▇▇▇bers $2.25 million ($2,250,000) in cash (the "Cash Payment").
Certain Cash Payments. Parent shall make all cash payment amounts to the Holders, including, without limitation, to the extent, if any, provided in Sections 5(a)(iii)(1) (Method of Payment of Regular Dividends; Payments in Kind), 7(g) (Payment of the Redemption Price), 8(b) (Funds Legally Available for Payment of Fundamental Change Repurchase Price; Covenant Not to Take Certain Actions), 8(g) (Payment of the Fundamental Change Repurchase Price) or 11(c) (Taxes Upon Issuance of Parent Common Stock) of the Certificate of Designations.
Certain Cash Payments. (i) The Employee will receive cash severance payment equal to [•] multiplied by the sum of (1) one year of Base Salary and (2) the greater of Average Bonus and Target Bonus.
(ii) The Employee will receive a Pro Rata Bonus for the year in which the Termination Date occurred.
(iii) If, as of the Termination Date, the Company has not yet paid to the Employee a Bonus with respect to a completed fiscal year, the Employee will receive a cash payment equal to, as applicable, (1) if the Company has already determined the amount of such Bonus, that approved amount or (2) if the Company has not yet determined the amount of such Bonus, the greater of the Target Bonus or the amount that the Employee would have earned with respect to such completed fiscal year based on actual performance of any objective performance criteria but assuming target performance on any subjective performance criteria.
(iv) The Employee will receive a lump sum cash payment equal to the total premiums Employee would be required to pay for [•] months of continuation coverage under the Company’s health benefit plans pursuant to COBRA, determined using the COBRA premium rate in effect for the level of coverage that the Employee had in place immediately prior to the Termination Date.
(v) Subject to Sections 3.7 and 5.2 (including any mandatory six-month payment delay), any cash payments due to the Employee under this Section 3.4(b) will be paid to him within five (5) business days of the Termination Date; provided, however, that if the Change of Control did not qualify as a “change of control event” for purposes of Code Section 409A, the payments provided for in this Section 3.4(a) will be paid to the Employee in the form and according to the schedule provided in Section 3.3(a), (b), and (c) (for Section 3.4(a)(i), Sections 3.4(a)(ii) and (iii), and Section 3.4(a)(iv), respectively).
Certain Cash Payments. At least two (2) days prior to the Closing Date Seller shall make a wire transfer to the Company in a sufficient amount to result in the Company having cash in its account equal to the sum of the amounts set forth in Sections 2.3(b)(i)(A) and 2.3(b)(i)(D).
Certain Cash Payments. Pay in cash any amount in respect of any Indebtedness or preferred Equity Interests that may at the obligor’s option be paid in kind or in other securities.
Certain Cash Payments. The Executive will receive (i) a cash severance payment equal to 2.99 multiplied by the sum of (1) one year of Base Salary and (2) the Average Bonus plus (ii) a lump sum cash payment equal to the total premiums the Executive would be required to pay for eighteen months of continuation coverage under the Company’s health benefit plans pursuant to COBRA, determined using the COBRA premium rate in effect for the level of coverage that the Executive had in place immediately prior to the Termination Date. Subject to Sections 3.6 and 13 (including any mandatory six-month payment delay), these cash payments will be paid to the Executive on the 60th day following his Termination Date.