Award Balance definition

Award Balance in instances in which a revision to the Financial Assistance Award is made pursuant to an amendment duly issued by OHA and executed by the parties, the presence of an amount in this column will indicate the amount of financial assistance that was awarded by OHA to the LPHA, for the Program Element (or sub-element) identified on that line, prior to the issuance of an amendment to this Agreement. The information contained in this column is for information only, for purpose of facilitating LPHA’s administration of the fiscal and accounting elements of this Agreement, does not create enforceable rights under this Agreement and shall not be considered in the interpretation of this Agreement.
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Award Balance as defined in and provided pursuant to the second sentence of Section 4.5(c) of the Merger Agreement, and that such Award Balance shall be paid notwithstanding any separation of service requirement for such payment, (b) that Shareholder will receive 100% of the target cash bonus for 2011 as defined in and provided pursuant to the third sentence of Section 6.12(a) of the Merger Agreement, and (c) that the Company shall pay to Shareholder an amount equal to one month of Shareholder’s base salary as in effect on the date hereof (all subject to normal withholdings and deductions). Buyer further agrees that Shareholder shall be a third party beneficiary with respect to the provisions set forth in Section 6.12(d) of the Merger Agreement.
Sample 1
Award Balance shall be the amount, if any, by which the total compensation and damages awarded in respect of a permanent taking exceeds the total of the portion of award allocable to the land on which the Building is situated (i.e., as if the land were not improved but as encumbered by, for example, all title matters) and all amounts payable in such event under bona fide ground leases or underlying leases and under all bona fide mortgages or other encumbrances which may now or hereafter be placed on, encumber or affect the real property of which the premises are a part, or any part of such real property.
Sample 1

Examples of Award Balance in a sentence

  • Please note the method of return of funds in the Award Balance Disposition section of the form and attach a copy of the check (non-UC) or Interlocation of Transfer form (UC) to the Fiscal Report.

  • Upon that termination the entire Award Balance shall belong to the Port free of any claim thereto or any part thereof by Tenant, anything in this Section to the contrary notwithstanding.

  • If the Property Value is determined in the proceeding pursuant to which the Premises shall have been taken, the Property Value and consequent Award Balance so determined shall be conclusive upon the Port and Tenant.

  • Any holder of a Performance Award who does not receive the Award Balance pursuant to the immediately preceding sentence shall be entitled to receive such holder’s respective Award Balance if such person remains employed by the Company for a period of one year following the Closing Date, or earlier if such holder’s employment is terminated by the Company without Cause (as defined in Section 6.12(a) hereof).

  • The Tenant shall undertake the work of repair and restoration as soon as reasonably practicable; and Tenant shall make the repairs and restoration even if the Award Balance is insufficient for that purpose.

  • After determining the accuracy of the invoice, the OPVS staff enter the amount(s) approved for reimbursement into the Award Balance Worksheet in order to keep a current balance.The final step is to submit the reimbursement request along with the required support documents to the Bureau of Finance and Accounting for payment.

  • Notwithstanding anything to the contrary contained in the reservation in Section 16.01, in the event of a permanent taking which results in the termination of this Lease, Tenant shall be entitled to receive out of the Award Balance an amount equal to the lesser of (1) the Premises Award Balance or (2) the Book Value of Tenant’s Improvements.

  • Since the date of the Award Balance Sheet through the date of this Agreement, there has not been: (i) any Material Adverse Effect on Award, or (ii) any material change by Award in its accounting methods, principles or practices, except as required by concurrent changes in GAAP.

  • To the extent that the sum of the Book Value of the Tenant Improvement Work and the Book Value of the Landlord’s Contribution is less than the Proceeds or Award Balance, Landlord shall be entitled to the entire excess balance thereof.

  • Award Balance – These amounts should equal the difference between the Budget Award and the Cum to Date Including This Request.


More Definitions of Award Balance

Award Balance shall be as defined in Section 16.02B.
Sample 1
Award Balance shall be the amount, if any, by which (1) the total compensation and damages awarded in a permanent Taking net of all reasonable costs and expenses incurred to collect the same, exceeds (2) the aggregate of all amounts payable in such event under (i) all Superior Mortgages, and (ii) Landlord’s Total Project Costs (which were not financed by such Superior Mortgages) and (iii) the remaining difference between (i) and (ii) and the then fair market value of the Property.
Sample 1
Award Balance shall be the amount, if any, by which the total ------------- compensation and damages awarded in respect of a permanent taking exceeds the total of the portion of award allocable to the land on which the Buildings and other Improvements are situated (i.e. as if the land were not improved but as encumbered by, for example, all title matters) and all amounts payable in such event under bona fide ground leases or underlying leases and under all bona fide mortgages or other encumbrances which may now or hereafter be placed on, encumber or affect the real property of which the premises are a part, or any part of such real property.
Sample 1

Related to Award Balance

  • Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • Scheduled Balance Not applicable.

  • Planned Balance Not applicable.

  • Targeted Balance With respect to any group of Targeted Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Targeted Balance for such group and Distribution Date. With respect to any other Targeted Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Aggregate Targeted Balance With respect to any group of Targeted Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Targeted Balances Not applicable.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the

  • Aggregate Planned Balance With respect to any group of Planned Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Required Balance has the meaning set forth in the Reinsurance Agreement.

  • Scheduled Balances Not applicable.

  • Payahead Balance on a Precomputed Receivable means the sum, as of the close of business on the last day of a Collection Period, of all Payaheads made by or on behalf of the Obligor with respect to such Precomputed Receivable, as reduced by applications of previous Payaheads with respect to such Precomputed Receivable, pursuant to Sections 8.02(b) and 9.09.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Accrued Benefit have the meanings specified in ERISA.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Award Year means a fiscal year beginning January 1 and ending December 31 with respect to which an Award may be granted.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Award Cycle means a period of consecutive fiscal years or portions thereof designated by the Committee over which Performance Units are to be earned.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Debit Balance means, as of any date, the dollar amount, if any, representing each of: (1) the aggregate Annual Charge, accrued in accordance with Section 3.4(g)(i); and (2) any Leveraged Principal Amount (together with any pro rata Interest Amounts determined in accordance with Section 3.4(g)(ii), if applicable), as reduced by any distributions recorded from ML Ventures Units recorded in a Participant’s Account in accordance with Section 3.4(e).

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).