Basic Payment means, for each Payment Area, an amount which is equal to the sum of the total bid prices specified in Schedule B for the Treatment Units within the Payment Area, adjusted:
Basic Payment means an amount equal to two times the sum of (a) the annual Base Salary payable to Executive immediately prior to the end of the Employment Period (or in the event a reduction in Base Salary is the basis for a Termination for Good Reason, then the Base Salary in effect immediately prior to such reduction) and (b) the Target Incentive Compensation for the calendar year in which the Employment Period ends pursuant to Section 8(a).
Basic Payment means an amount equal to:
Examples of Basic Payment in a sentence
The Company may refuse to accept the return of any seedlings that in the Company’s sole opinion are moldy, dry, flushed, damaged or otherwise unhealthy and may reduce the Basic Payment in accordance with the procedures under Sections 5.8, 5.13, or both.
A reduction in the Basic Payment under this section may be made in addition to any other reductions under this Agreement.
More Definitions of Basic Payment
Basic Payment means, for each Payment Area, an amount which is equal to the sum of the total bid prices specified in Schedule B for the Treatment Units within the Payment Area, adjusted: for any Equitable Adjustments agreed between the parties; where the bid price for a Treatment Unit is on a per-tree basis, by the recalculation of the total bid price for that Treatment Unit based on the Total Trees issued for planting in such Treatment Units; and/or where a Payment Area contains part of a Treatment Unit, by an equitable pro ration of the total bid price for the Treatment Unit between Payment Areas.
Basic Payment means the amounts payable as rent for the Properties during the Term pursuant to Section 7(a) hereof.
Basic Payment means a payment required by Section 4.4(a)(i) hereof, representing a scheduled principal payment of the Installment Sale Amount.
Basic Payment means the consideration paid by Licensee for the right to use the Licensed Space as described in Section 5.1 below, which consideration is subject to adjustment as described in Section 5.2 below.
Basic Payment means any supplemental security income payment made to an aged, blind or disabled person by the government pursuant to the Federal Act.
Basic Payment means an amount equal to $36,000,000.