Bonus Consideration means, for each GTU Unit, such number of PHYS Units as is equal to (A) U.S.$0.10 divided by (B) the Net Asset Value per PHYS Unit (as calculated, in accordance with the PHYS Trust Agreement, on the second business day prior to the Expiry Date, including, in the case of Sprott Physical Gold Trust's gold bullion, the value thereof based on the London Bullion Market Association second fixing price for gold bullion on the second business day prior to the Expiry Date).". •The definition of "Merger" in the Glossary section on page 78 of the Original Offer and Circular is hereby deleted and replaced with the following:

Bonus Consideration has the meaning set forth in Section 2.8(c) hereof;

Bonus Consideration means an amount equal to the product of (i) the result of (A) the quotient of (1) the Closing Consideration, divided by (2) the Fully Diluted Amount, minus (B) the per share exercise price of such 2001 Employee Bonus, to the extent such amount is a positive number, multiplied by (ii) the number of Spectra Shares pursuant to which such 2001 Employee Bonus is exercisable. The calculation is based on the steps set forth in Section 2.7(c)(i)(A) through (G) being performed mechanically in an iterative fashion in each case adjusting the Option, Warrant and Bonus Consideration paid under Section 2.3(b) for the per share amount received on the prior calculation. Such calculation will be performed 100 times to ensure that the amount per share is calculated with sufficient efficiency; all as set forth on Schedule 2.7(c)(ii), which shall be updated at Closing to include the amounts set forth on the Closing Certificate and the Spectra Transaction Fees.

Examples of Bonus Consideration in a sentence

The calculation is based on the steps set forth in Section 2.7(c)(i)(A) through (G) being performed mechanically in an iterative fashion in each case adjusting the Option, Warrant and Bonus Consideration paid under Section 2.3(b) for the per share amount received on the prior calculation.
The tax treatment of the distribution of the Bonus Consideration by GTU to GTU Unitholders as part of the Merger will be similar to that applicable to other distributions that have been paid or payable by GTU to them.
The Consideration and the Bonus Consideration will be paid in cash or, if required by the JV partner, by way of issue and allotment of new ordinary shares of the Company (the “Shares”), to the JV partner.
The cost to a GTU Unitholder of PHYS Units received by the GTU Unitholder as the Bonus Consideration will generally be equal to the fair market value of such PHYS Units at the time of the distribution.
HSR and ASPECT shall furnish the [El Paso] Bonus Consideration to [El Paso] within five (5) business days from receipt of the executed sublease.

More Definitions of Bonus Consideration

Bonus Consideration means the amounts payable as transaction bonuses to certain employees and other services providers of the Company set forth in Schedule 1.8(a)(iv).

Bonus Consideration means, for each SBT Unit, such number of PSLV Units as is equal to (A) U.S.$0.025 divided by (B) the Net Asset Value per PSLV Unit (as calculated, in accordance with the PSLV Trust Agreement, on the second business day prior to the Expiry Date, including, in the case of Sprott Physical Silver Trust's silver bullion, the value thereof based on the London Bullion Market Association fixing price for silver bullion on the second business day prior to the Expiry Date).". •The definition of "Merger" in the Glossary section on page 76 of the Original Offer and Circular is hereby deleted and replaced with the following:

Bonus Consideration is defined in Section 2.2(b).

Bonus Consideration means $250,000;

Bonus Consideration has the meaning in Section 2.2(2).

Bonus Consideration shall have the meaning given to such term in Section 2.02(a).