Bonus Value means all consideration payable by or on behalf of an assignee to Permittee (including key money, bonus money and any payment in excess of fair market value for (i) services rendered by Permittee to or on behalf of an assignee or (ii) for assets, fixtures, inventory, equipment, furniture or improvements transferred by Permittee to or on behalf of an assignee in connection with an assignment). Such consideration shall be allocated between the Assigned Space described in Paragraph D of this Permit (excluding any improvements constructed by Permittee thereon), and the improvements constructed by Permittee pursuant to Section 1(2), based on their respective fair market rental value at the time of the assignment, as agreed to in writing by the parties; provided, however, that if the parties have not reached such agreement within thirty (30) days after the Port’s written request, then the fair market rental value shall be determined as follows: Each party, at its cost and by giving notice to the other party, shall appoint a real estate appraiser with experience appraising airport property to appraise and submit an opinion separately stating the fair market rental value of the Assigned Space (excluding any improvements constructed thereon by Permittee) and the fair market rental value of such improvements. If a party does not appoint an appraiser within ten (10) days after the other party has given notice of the name of its appraiser, the single appraiser appointed shall be the sole appraiser and that appraiser’s opinion of the fair market rental value of the Assigned Space and the improvements shall be conclusive on the parties. If the two appraisers are appointed by the parties as stated in this subsection, they shall meet promptly and attempt to select a third appraiser meeting the qualifications stated in this subsection within ten (10) days after the last day the two appraisers are appointed. If they are unable to agree on the third appraiser, either of the parties to this Permit by giving ten (10) days’ written notice to the other party may apply to the American Arbitration Association for the selection of a third appraiser who meets the qualifications stated in this Permit Each of the parties shall bear one-half of the cost of appointing the third appraiser and one-half of the third appraiser’s fee. The third appraiser, however selected, shall be a person who has not previously acted in any capacity for either party. Within sixty (60) days after the select...
Bonus Value means the figure by which the area of the facility or matter provided on a lot is multiplied to obtain the bonus floor area. (By-law 92-232, S.3[e])
Bonus Value shall have the meaning set forth in subsection 7.7.3.
Examples of Bonus Value in a sentence
The Company shall pay to the Grantee the Deferred Bonus Value accrued in connection with any unvested Stock Units on the fifth business day after the date on which such unvested Stock Units vest, subject to applicable tax withholding.
The Committee on behalf of the Company shall determine the Initial Declared Bonus, Value Driver Factor (if any) and the Declared Bonus for Participants who are Corporate Officers at the time of determination.
The Company shall pay to the Grantee the Deferred Bonus Value accrued in connection with any unvested Stock Units on the fifth business day after the date on which such unvested Stock Units vest, subject to applicable Tax withholding.
In the case of retirement, the Participant will receive their balance over three years subject to reduction if the Actual Bonus Value is negative in any of the three years subsequent to the year of retirement.
In all other cases of termination of employment prior to the last day of the Plan Year, a Participant shall not be entitled to any Actual Bonus Value for such Plan Year.
More Definitions of Bonus Value
Bonus Value of the leasehold estate pursuant to this Lease. For the purposes of this provision, "Bonus Value" shall mean the difference between the rent then payable pursuant to this Lease and the rate established by the condemning authority as an award for condemnation purposes (but only if higher than the rent then payable pursuant to this Lease). Tenant shall also be entitled to recover from the condemning authority any award or compensation attributable to the taking or purchase of Tenant's property, chattels or trade fixtures, or attributable to Tenant's relocation expenses.
Bonus Value means all consideration payable by or on behalf of an assignee to Permittee (including key money, bonus money and any payment in excess of fair market value for
Bonus Value means the privilege awarded to the Principal new Co-Branded Cardholder in respect to their card type. Gold Cardholders will be entitled to RM60 and Platinum Cardholders will be entitled to RM100 worth of Bonus Value.
Bonus Value means consideration or compensation paid or payable under or by virtue of any Transfer, immediately or over the aggregate of the Term, directly or indirectly exceeding that paid or payable by Tenant under the Lease (less expenses for verifiable and reasonable costs for tenant improvements, lease concessions, value of Tenant’s trade fixtures and special equipment conveyed in connection with the Transfer). If Tenant receives any Bonus Value during the Term of this Lease or in case of the sublease of a portion of the Premises in excess of such rent that is fairly allocable to such portion, Tenant shall pay City fifty percent (50%) of the difference between each such payment of sublease rent or other consideration and the Rent required hereunder.
Bonus Value means the aggregate value to a Participant for a calendar quarter for all Bonus Units credited to such Participant’s Vested Account equal to the product of (i) the Distribution Amount determined with respect to each Adjustment Event occurring in such calendar quarter, multiplied by (ii) the number of Bonus Units standing to the credit of the Participant’s Vested Account at the time of such Adjustment Event.
Bonus Value means and refer to any and all amounts received by Tenant in excess of the rentals paid or payable by Tenant under this Lease for the Premises or the use thereof, or any portion thereof. As such, as an additional condition to the District’s consent in the event of a Transfer by Tenant, the District shall have the right to require that fifty percent (50%) of any and all "excess rent", as defined below, paid by the proposed Transferee, including, but not limited to, any rent in excess of the rentals to be paid under the Lease, shall be paid directly to the District at the time and place specified in this Lease. For purposes of this paragraph, the term "excess rent" shall include any consideration of any kind received, or to be received, by Tenant from the proposed Transferee, if such sums are related to Tenant’s interest in this Lease or in the Premises.
Bonus Value means and refer to any and all amounts and/or other consideration received by Tenant, however denominated, in excess of the rental paid or payable by Tenant hereunder for the use and occupancy of the Leased Premises, or any portion thereof, after amortizing the costs of subleasing on a straight line basis, without interest, over the then remaining term of this Lease. As used herein, "costs of subleasing" shall mean the actual amount paid by Tenant in connection with any assignment or subletting for the following: (1) brokerage and marketing fees; (2) legal fees; and (3) cost of sublease improvements paid for by Tenant. The amount of any Bonus Value shall be determined on a dollars per square foot basis, by aggregating all subrents received by Tenant and dividing such amount by the total number of square feet of subleased space and subtracting from such amount the rent per square foot payable by Tenant for such space.