G&A Sample Clauses

G&A. Section 15.6(g)(A) of the Credit Agreement is hereby amended by deleting the notice information following “with an additional copy to:” and replacing it with the following: Holland & Knight LLP 000 Xxxxxxxx Xxxxx, Xxxxx 0000 Xxxxxx, Xxxxx 00000 Attention: Xxxxxxxx X. Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxxx.xxxxxx@xxxxx.xxx
G&A. The Parent Guarantor and the Borrower shall not incur general and administrative expenses determined in accordance with GAAP payable in cash in excess of (i) $3,575,000 during each of the third fiscal quarter and the fourth fiscal quarter of fiscal year 2016 and (ii) $2,775,000 during any quarter of fiscal year 2017 or in excess of $10,100,000 in the aggregate for all of fiscal year 2017.
G&AThe Company and its Restricted Subsidiaries shall not incur general and administrative expenses determined in accordance with GAAP payable in cash in excess of (i) $3,575,000 during each of the third fiscal quarter and the fourth fiscal quarter of fiscal year 2016 and (ii) $2,775,000 during any quarter of fiscal year 2017 or in excess of $10,100,000 in the aggregate for all of fiscal year 2017.
G&A. The Borrower and its Subsidiaries shall not incur gross general and administrative expenses in any calendar quarter in excess of the lesser of (i) the amount of (A) the estimate of general and administrative expenses included in the most recent Financial Forecast provided with the most recent Reserve Report multiplied by (B) 120% and (ii) $2,500,000. ARTICLE VIII DEFAULTS; REMEDIES
G&A. Notwithstanding anything to the contrary contained in this Agreement, G&A shall not exceed $150,000 per calendar quarter (pro rated for any partial calendar quarter during which any Note is outstanding), but such amount may be increased with the consent of Purchaser.
G&A. The G&A as a % of Sales at the conclusion of the three-year Performance Period, must be no greater than ____% to earn any payout for that performance metric (the “G&A Minimum Performance Level”). If the G&A as a % of Sales at the conclusion of the three-year Performance Period is more than the G&A Minimum Performance Level percentage, then there shall be no payout with respect to the G&A Performance Goal. If the G&A as a % of Sales at the conclusion of the three-year Performance Period is less than the G&A Minimum Performance Level percentage, then the payout percentage with respect to the G&A Performance Goal shall be as follows, and shall be determined as of the end of the Performance Period: Linear interpolation shall be used to calculate payout percentages not specifically listed above, except that (i) for performance above the G&A Minimum Performance Level percentage, the payout percentage shall be 0%; and (ii) for performance below the G&A Maximum Performance Level percentage, the payout percentage shall be 150%.

Related to G&A

  • Attn Board Chair.

  • Washington A ten percent (10%) penalty per month shall be applied to refunds not paid or credited within thirty (30) days of receipt of returned service agreement. We may not cancel this Agreement without providing You with written notice at least twenty-one (21) days prior to the effective date of cancellation. Such notice shall include the effective date of cancellation and the reason for cancellation. You are not required to wait sixty (60) days before filing a claim directly with the insurer. ARBITRATION section is amended to add the following: The Insurance Commissioner of Washington is the Service Provider’s attorney to receive service of process in any action, suit or proceeding in any court, and the state of Washington has jurisdiction of any civil action in connection with this Agreement. Arbitration proceedings shall be held at a location in closest proximity to the service Agreement holder’s permanent residence. You may file a direct claim with the insurance company at any time. Wisconsin: ARBITRATION section of this Agreement is removed. CANCELLATION section is amended as follows: Claims paid or the cost of repairs performed shall not be deducted from the amount to be refunded upon cancellation of this Agreement. In the “WHAT IS NOT COVERED” section of this Agreement, exclusion (L) and the “unauthorized repairs and/or parts” exclusion is removed. THIS CONTRACT IS SUBJECT TO LIMITED REGULATION BY THE OFFICE OF THE COMMISSIONER. Proof of loss should be furnished by You to the Administrator as soon as reasonably possible and within one (1) year after the time required by this Agreement. Failure to furnish such notice or proof within the time required by this Agreement does not invalidate or reduce a claim. A ten percent (10%) penalty per month shall be applied to refunds not paid or credited within forty-five (45) days of receipt of returned Service Agreement. If Administrator fails to provide, or reimburse or pay for, a service that is covered under this Agreement within sixty-one (61) days after You provide proof of loss, or if the Administrator becomes insolvent or otherwise financially impaired, You may file a claim directly with the Insurer for reimbursement, payment, or provision of the service.