Additional Cash Payments definition

Additional Cash Payments means cash payments payable to each Participating Settlement Class Member from the monies remaining in the Settlement Fund after all payments are made for (i) Notice and Administrative Expenses; (ii) Taxes and Tax-Related Expenses; (iii) Service Awards Payments approved by the Court; (iv) Fee Award and Costs; and (v) reimbursement for Out-of-Pocket Losses and Attested Time.
Additional Cash Payments means the payments described in section 3(c).
Additional Cash Payments shall have the meaning set forth in Section 2.2(a)(ii).

Examples of Additional Cash Payments in a sentence

  • In the event that BUYER gives notice that it intends to abandon the balance of the Property held by it then, subject to section 5 hereof, upon expiry of the thirty (30) day period BUYER's obligations to make either of the Additional Cash Payments not due before expiry of such thirty (30) day period shall terminate.

  • The Additional Cash Payments shall be made in accordance with Studio’s applicable payroll practices.

  • Effective on the Effective Date, NEWMONT and TOTAL have terminated the Joint Venture and the Joint Venture Agreement in such a manner as to provide for NEWMONT to receive Additional Cash Payments and the perpetual Royalty on 100% of the Property and the Area of Interest described herein.

  • In such an event, no Net Settlement Funds will be distributed for Approved Claims of Attested Time or Additional Cash Payments.

  • The obligation of Purchaser to pay to Seller the Additional Cash Payments shall be subordinated to the Loans (as such term is defined in that certain Consent Agreement dated January ___, 2000 (the "CONSENT AGREEMENT") by and among Marketing Specialists Corporation, Marketing Specialists Sales Company, the Lenders under the Credit Agreement described therein and First Union National Bank, as Agent for the Lenders) and shall have the same priority as the Note.

  • Effective on the Effective Date, the SELLERS have terminated the Joint Venture and the Joint Venture Agreement in such a manner as to provide for the SELLERS to receive Additional Cash Payments and the perpetual Royalty on 100% of the Property and the Area of Interest described herein.

  • By way of example only, if Seller were to elect to convert one of the Additional Cash Payments into shares of Purchaser Common Stock, Seller would be entitled to receive 100,000 shares of Purchaser Common Stock ($300,000/$3.00 = 100,000).

  • In the event that SEABRIDGE gives notice that it intends to abandon the balance of the Property held by it then, subject to section 5 hereof, upon expiry of the thirty (30) day period SEABRIDGE's obligations to make either of the Additional Cash Payments not due before expiry of such thirty (30) day period shall terminate.

  • Such Initial and Additional Cash Payments shall be deemed to satisfy in full all obligations of Owner and of the Property to make school donations and contributions in total for those lands within the West Aurora School District, and in accordance with Chapter 6 of the Subdivision Regulations, and as further evidenced by the letter of agreement from the West Aurora School Districts as set forth in Exhibit J-5 (the “West Aurora School Letter of Agreement”).

  • Application of the Shareholder Retained Amount as aforesaid shall discharge the Offeror's obligation to pay Additional Cash Payments to such electing Shareholders and Warrantholders to the extent so applied.


More Definitions of Additional Cash Payments

Additional Cash Payments means the cash payments described in Recital A.
Additional Cash Payments. Executive currently receives $1,600 per month in additional compensation in lieu of participation in Company-provided health benefits, as well as $1,000 per month in non-accountable automobile allowance. Beginning April 1, 2008, and on the first of the month for each of the six (6) calendar months thereafter, up to and including October 1, 2008, Executive shall continue to be paid $2,600 in cash (for a total additional payment of $18,200.00), less applicable payroll withholding and deductions, if any. Such payments shall be made by Wire Transfer on each day they are due and payable hereunder, or, alternatively, by direct deposit on such dates, to the checking account of Executive at Bank of America, which bank account information has been provided to Company for the direct deposit of semi-monthly paychecks during the Term of Executive’s employment by the Company.
Additional Cash Payments shall be the sum of (i) the aggregate amount of all Accelerated Award Payments and Formula Amounts paid or required to be paid by the Company in accordance with Section 7.8 and (ii) the aggregate amount of all Shareholder Distribution Shortfall Amounts in accordance with the next sentence. The “Shareholder Distribution Shortfall Amountwith respect to each stock option under the Employee Option Plan exercised for one share of Company Common Stock from or after the date hereof and by or on the twentieth (20th) day prior to the Shareholder Distribution Record Date, shall be the amount equal to the positive difference (if any) between (i) the quotient of (A) the aggregate amount of the Cash Payment divided by (B) the aggregate number of shares of Company Common Stock and Company Preferred Stock outstanding as of the date hereof as set forth in Section 5.3 and (ii) the exercise price of such option per share of Company Common Stock. The aggregate amount of all Shareholder Distribution Shortfall Amounts shall be paid by the Purchaser to the Company on or prior to the date of the Shareholder Distribution and the aggregate accrued amount of all Accelerated Award Payments and Formula Amounts shall be paid by the Purchaser to the Company no later than the second (2nd) Business Day after the fifteenth (15th) day after the Shareholder Distribution date, it being specified that the Company shall deliver to the Purchaser all information evidencing the calculation of such amount at least five (5) Business Days before any payment to be made by the Purchaser pursuant to this Section 3.1(b).
Additional Cash Payments means the payments described in section 4(c).

Related to Additional Cash Payments

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Cash Payment has the meaning set forth in Section 2.02(a).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Borrower or a Subsidiary in connection with an Asset Sale less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Non-Cash Consideration.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Company or a Restricted Subsidiary in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, executed by the principal financial officer of the Company, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Additional Fees means, where applicable, those fees and charges for the Additional Goods/Services and additional costs and levies required from time to time and notified to you in advance, to provide adequately for the education and related activities and services provided to your Child/the Student, including but not limited to the costs of extra-curricular activities or special educational needs.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Delta Payment means as it is described in this Agreement.

  • Additional Payments means additional amounts required to be paid to a holder of any Note pursuant to Section 13 by reason of a Change in Tax Law; and a “Change in Tax Law” means (individually or collectively with one or more prior changes) (i) an amendment to, or change in, any law, treaty, rule or regulation of Canada after the date of the Closing, or an amendment to, or change in, an official interpretation or application of such law, treaty, rule or regulation after the date of the Closing, which amendment or change is in force and continuing and meets the opinion and certification requirements described below or (ii) in the case of any other jurisdiction that becomes a Taxing Jurisdiction after the date of the Closing, an amendment to, or change in, any law, treaty, rule or regulation of such jurisdiction, or an amendment to, or change in, an official interpretation or application of such law, treaty, rule or regulation, in any case after such jurisdiction shall have become a Taxing Jurisdiction, which amendment or change is in force and continuing and meets such opinion and certification requirements. No such amendment or change shall constitute a Change in Tax Law unless the same would in the opinion of the Company (which shall be evidenced by an Officer’s Certificate of the Company and supported by a written opinion of counsel having recognized expertise in the field of taxation in the Taxing Jurisdiction, both of which shall be delivered to all holders of the Notes prior to or concurrently with the Tax Prepayment Notice in respect of such Change in Tax Law) affect the deduction or require the withholding of any Tax imposed by such Taxing Jurisdiction on any payment payable on the Notes.

  • Deferred Net Cash Proceeds Payment Date shall have the meaning provided such term in the definition of Net Cash Proceeds.