Examples of Annual Determination Date in a sentence
Subject to Sections 1(b) and (c) below, Participant must not have experienced a Termination of Service prior to the applicable Annual Determination Date in order to be eligible for vesting pursuant to this Section 1(a) on the applicable Annual Determination Date.
The Issuer will be required to deliver, or to cause the Manager to deliver, to the Indenture Trustee, the Back-up Manager and each Rating Agency on each Annual Determination Date an Officer's Certificate certifying the Midstream Asset Value.
Subject to Sections 1(b) and (c) below, such number of PSUs shall vest on each Annual Determination Date (as defined below) based on the Company’s Annual Revenue Growth Rate (as defined below) during the applicable Annual Performance Period (as defined below) as is determined by multiplying (i) the number of PSUs set forth in the Grant Notice, by (ii) 25%, by (iii) the Revenue Growth Achievement Percentage (as determined in the chart below).
At least as frequently as each Annual Determination Date, the Committee (or its designee) shall furnish each Member with a valuation notice which includes the amounts credited to the Member’s Accounts and the earnings, gains or losses allocated to such Accounts since the immediately preceding Determination Date.
To the extent of an additional 83,334 Common Shares on or after the Annual Determination Date and on or before December 31, 2002 only in the event that the Company's Revenues equalled or exceeded $2,493,750 for the fiscal year 2000.
If the Savings Surplus Election is made, the SLLPI Loan Reduction Profit Amount is, broadly, the lower of (a) the balance on the Savings Cashflow Tracking Account (as reduced by the amount of the Savings Spread and balance on the Missed Spread Account on such Annual Determination Date) and (b) the balance on the Deficit Account.
To the extent that partial repayment of the IL Loan is required in the Pre-Amortisation Period, such amount will be payable only to the extent that there is sufficient Annual Recourse Insurance Cashflow Amount arising in the Accounting Period ending immediately prior to the relevant Annual Determination Date and such calculation shall be made after deducting the amount used to cover Insurance Spread in that period or any prior period to the extent not paid out under the SLLPI.
If Xxxxxx Xxx or the Loan Servicer is not able to or does not perform the PRF Test on any Annual Determination Date because any Borrower failed to provide financial statements and other information on a timely basis in accordance with the terms of such Section 2.2(4), then a PRF Triggering Event shall be deemed to have occurred and Xxxxxx Mae shall have the absolute right, in its discretion, to apply the funds in each Principal Reserve Funds in accordance with Section 8.2(2).
Certificates representing shares of Common Stock issued under this Article V shall be issued at least as frequently as each Annual Determination Date.
At least as frequently as each Annual Determination Date, the Committee shall furnish each Participant with a valuation notice which includes the amounts credited to the Participant's Accounts and the earnings, gains or losses allocated to such Accounts since the immediately preceding Determination Date.