Bonus Time definition

Bonus Time means a program for the nonguaranteed use of accommodations or amenities at one or more time share properties under common management that allows reservations by owners of the time share properties for unreserved accommodations or amenities during a period of not more than thirty days before the desired reservation dates.
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Bonus Time means time in the Resort network that may be
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Bonus Time. : means the use and occupancy of a Suite, the Common Areas, and the Common furnishings by owners, share adopters, and, if applicable, their guest(s); which is other than for regular use or exchange, and for which a fee is charged. The current fees are $140 per night for a Parlor Suite and $160 per night for a Master Suite.
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Examples of Bonus Time in a sentence

  • Your Use Points can also be used towards the purchase of airfares, cruises, tours and other travel products via the Points & Play program.• BONUS TIME – You have the opportunity to use Bonus Time reservations over and above your regular Club usage.

  • Bonus Time use is also available during any time not reserved 14 days in advance of the date of desired check-in.

  • PTO and/or Bonus Time, Sick Time, Maternity Leave, Volunteer Leave, and holiday pay are excluded when calculating total hours worked.

  • All revenue generated by Bonus Time will be deposited into the General Account of the Association.

  • Unless you notify the Concierge of your late arrival, failure to check-in within 20 hours after check-in time on the first day of the Use Period reserved for Bonus Time will result in the cancellation of your reservation, and you shall be charged for up to 2 days’ use and occupancy of your Suite.

  • Please remember that a credit card is needed to reserve Bonus Time, which will be charged if there is a no-show.

  • Owners and share adopters do enjoy unlimited Bonus Time use, but reservations are limited to two consecutive nights at one time.

  • If a Bonus Time reservation is cancelled, you will be charged for the use and occupancy of your Suite for the time period reserved unless your Suite is used and occupied by another Bonus Time User during such period; in no event will you be charged on your credit card for more than 2 days’ use for occupancy.

  • If you desire additional nights beyond the two confirmed consecutive nights, they may be requested when you are actually using your Bonus Time.

  • No. Bonus Time is purchased by Owners and share adopters and can be reserved only within seven days of the requested date of arrival.


More Definitions of Bonus Time

Bonus Time. : means the use and occupancy of a Suite, the Common Areas, and the Common furnishings by owners, and, if applicable, their guest(s), which is other than for regular use or exchange and for which a fee is charged. The current daily fees range from $100 to $160 nightly. Please contact the Association for details.
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Bonus Time. : means the use and occupancy of a Suite, the Common Areas, and the Common
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Bonus Time means, with respect to each Transferred Employee who executes and delivers a valid consent as contemplated by Section 6.2(e), the number of days that is equal to such Transferred Employee’s accrued but unused vacation days with the Seller as of the Closing Date, as shown on the schedule delivered by the Seller to the Buyer pursuant to Section 6.2(e).
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Bonus Time means the days during which an Owner has use rights in an Apartment under an accepted reservation made in accordance with the Guidelines and Regulations in addition to such Owner’s Vacation Credit Use and for which the Bonus Time Fee is paid;
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Bonus Time means unoccupied space in the Projects that may be used and occupied by a Member, subject to availability and certain advance reservation requirements, as determined by the Underlying Association, and for which a rental charge applies.
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Related to Bonus Time

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Bonus means the bonus described in the Section 2.3.

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive's Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive's target annual incentive bonus for the year in which the Date of Termination occurs.

  • Bonus Period means the period for which a Bonus is payable. Unless otherwise specified by the Board, the Bonus Period shall be the fiscal year of the Company.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Earned Bonus means the bonus paid, if any, pursuant to the Company’s incentive compensation plans in effect from time to time. Earned Bonus shall be prorated based on the ratio of the number of days during such year that Executive was employed to 365.

  • 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);

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.

  • Bonus Payment means a cash payment in an amount equal to the sum of (i) all Excise Taxes payable by the Executive, plus (ii) all additional Excise Taxes and federal or state income taxes to the extent such taxes are imposed in respect of the Bonus Payment, such that the Executive shall be in the same after-tax position and shall have received the same benefits that he would have received if the Excise Taxes had not been imposed. For purposes of calculating any income taxes attributable to the Bonus Payment, the Executive shall be deemed for all purposes to be paying income taxes at the highest marginal federal income tax rate, taking into account any applicable surtaxes and other generally applicable taxes which have the effect of increasing the marginal federal income tax rate and, if applicable, at the highest marginal state income tax rate, to which the Bonus Payment and the Executive are subject. An example of the calculation of the Bonus Payment is set forth below. Assume that the Excise Tax rate is 20%, the highest federal marginal income tax rate is 40% and the Executive is not subject to state income taxes. Further assume that the Executive has received an excess parachute payment in the amount of $200,000, on which $40,000 ($200,000 x 20%) in Excise Taxes are payable. The amount of the required Bonus Payment is thus computed to be $100,000, i.e., the Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute payment.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Target Bonus means the target Bonus established for Executive, whether expressed as a percentage of Base Salary or a dollar amount.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

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

  • Retention Bonus means an incentive bonus provided under

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Annual Award means the cash payment paid or payable to the Executive with respect to a fiscal year under the Corporation's Incentive Compensation Performance Plan.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.