Bonus Recipients definition

Bonus Recipients means those persons listed on Exhibit C who are receiving Bonus Payments pursuant to this Agreement.

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Bonus Recipients means [***];

Bonus Recipients has the meaning set forth in Section 6.14.

Examples of Bonus Recipients in a sentence

• Upon each distribution to the Members and Variable Transaction Bonus Recipients, as directed by the Representative, under this Section 8.1(f), an amount equal to the corresponding Tax Distribution Amount shall be distributed to the Buyer.

• Subject to (S)(S) 2(c), 2(f) and 8(e) below, the Buyer, in consideration for the Sellers' delivery of the Company Shares at the Closing, shall deliver to or on behalf of the Sellers at the Closing aggregate consideration to be allocated among the Sellers, Consultants, Bonus Recipients, Severance Recipients, and Non-Compete Recipients in the manner set forth on Exhibit C) (the "Purchase Price"), as follows.

• If Sellers shall have so notified Purchaser, any amounts to be paid to the Bonus Recipients as of the Closing will be paid by the Company, less applicable Tax withholdings, and the Purchase Price and the Closing Cash Payment will be reduced by a like amount; provided, that to the extent such Transaction Bonuses so deducted from the Purchase Price would be an accrued liability for purposes of determining Working Capital, such amounts will be excluded from the calculation of Working Capital.

• The Representative shall hold such funds for the benefit of the Members and the Variable Transaction Bonus Recipients.

• On the Survival Date, the Survival Date Release Amount shall be distributed to the Members and Variable Transaction Bonus Recipients, as directed by the Representative, in accordance with the terms of the Escrow Agreement.

More Definitions of Bonus Recipients

Bonus Recipients has the meaning set forth in Section 1.8(a)(iv).

Bonus Recipients means the Persons set forth under the heading “Bonus Recipient” on Schedule 8.1(a).

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Bonus Recipients shall have the meaning set forth in Section 8.03.

Bonus Recipients means the employees of the Acquired Entities identified on Schedule 11.1(b) attached hereto.

Bonus Recipients shall have the meaning assigned thereto in Section 10.13. “Booking Deposit” shall mean all current room reservation deposits, public function, banquet, food and beverage deposits and other deposits or fees for Bookings. “Bookings” shall mean all current bookings and reservations for guest, conference and banquet rooms, golf (if any) or other facilities, if applicable, at the Property, together with all contracts relating thereto. “Books and Records” shall have the meaning assigned thereto in Section 2.1(b)(viii). “Broker” shall mean Barclays Capital, Inc. “Business Day” shall mean any day other than a Saturday, Sunday or other day on which banks are authorized or required by Applicable Law to be closed in the city of New York, New York. “Buyer” shall have the meaning assigned thereto in the Preamble to this Agreement. “Buyer-Related Entities” shall have the meaning assigned thereto in Section 11.1. “Buyer’s Knowledge” shall mean the actual knowledge of Buyer based upon the actual knowledge of those persons listed on Schedule C, without any duty on the part of such Person to conduct any independent investigation or make any inquiry of any Person. The named individual shall have no personal liability by virtue of inclusion in this definition.

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